As many organizations begin to mature their cybersecurity program, they are shifting to a risk-based approach to advance their security and privacy controls. In most cases, security leaders are no strangers to leveraging risk management processes to complement the regulations and compliance standards to improve security status. The NIST management framework is a culmination of multiple special publications (SP) produced by the National Institute for Standards and Technology (NIST) - as we’ll see below, the 6 NIST RMF Steps; Step 1: Categorize/ Identify, Step 2: Select, Step 3: Implement, Step 4: Assess, Step 5: Authorize and Step 6: Monitor, uniquely lend themselves to a given NIST special publication (i.e., NIST SP 800-37 instructs on the monitoring of security controls across the system development lifecycle and NIST SP 800-53 guides teams selecting and implementing security controls to mitigate risk). To begin aligning with business objectives, information security leaders must embrace the language and, to an extent, the business processes that other business units have been practicing for years. Information systems and organizations have operated in a siloed function for years. Yet, with the increased concern from CEOs and Boards, CISOs must now prepare steps to communicate organization-wide cybersecurity risk in the same way that the CFO and COO present financial and operational risk, respectively. While the RMF 6 Step Process and the supporting NIST publication were designed to secure federal agencies and federal information systems, similar to the NIST CSF, the gold standard that these cyber risk management frameworks have set has proven to be of great value to private sector organizations as well to support security control assessments and determining a control baseline to direct system security investments moving forward. Throughout the information system-based development life cycle, ensuring the risks associated with a given strategy and effectively communicating that information to both technical and business-side stakeholders is critical. Security teams can use the NIST RMF for continuous monitoring, risk identification, risk assessments, and flagging potential security issues. NIST SP 800-37 is a guideline for applying the RMF to federal information systems. TheRMF can also quantify and manage your organization's risksso that management understandsand empowers your security leadership team. The CyberStrong platform is built on gold-standard cybersecurity risk management frameworks to enable success for practical risk management activities and to achieve and maintain a continuous monitoring program and compliance using frameworks like the NIST Cybersecurity Framework and Risk Management Framework. If you have questions about the NIST RMF or any other security and risk questions, call us at 1-800-NIST CSF to request a demo.
FAQs
The Six Steps of the NIST Risk Management Framework (RMF)? ›
It comprises six key steps: Prepare, Categorise, Select, Implement, Assess, and Authorise. Why is the NIST RMF important for organisations? The NIST RMF provides a comprehensive framework that helps organisations identify, prioritise, and manage cybersecurity risks.
What are the 6 steps of NIST? ›The NIST management framework is a culmination of multiple special publications (SP) produced by the National Institute for Standards and Technology (NIST) - as we'll see below, the 6 NIST RMF Steps; Step 1: Categorize/ Identify, Step 2: Select, Step 3: Implement, Step 4: Assess, Step 5: Authorize and Step 6: Monitor, ...
What is the NIST risk management framework (RMF)? ›The NIST Risk Management Framework (RMF) is a set of processes all federal agencies must use to identify, implement, assess, manage, and monitor cybersecurity capabilities and services to find, eliminate, and mitigate ongoing risks in new and legacy systems.
What are the steps in the NIST risk assessment framework? ›- Identify Threat Sources and Events.
- Identify Vulnerabilities and Predisposing Conditions.
- Determine the Likelihood of Occurrence.
- Determine the Magnitude of Impact.
- Determine Risk.
Risk Management Framework (RMF) Steps 1-6 Process Overview Flashcards | Quizlet.
What are the 6 steps of the RMF process? ›It comprises six key steps: Prepare, Categorise, Select, Implement, Assess, and Authorise. Why is the NIST RMF important for organisations? The NIST RMF provides a comprehensive framework that helps organisations identify, prioritise, and manage cybersecurity risks.
What are the 6 steps of NIST incident response? ›- Preparation. In the case of a cyber attack, the incident response team needs to be fully prepared. ...
- Identification. Identification is the detection of malicious activity. ...
- Containment. ...
- Eradication. ...
- Recovery. ...
- Lessons Learned.
The NIST Risk Management Framework (RMF) provides a comprehensive, flexible, repeatable, and measurable 7-step process that any organization can use to manage information security and privacy risk for organizations and systems and links to a suite of NIST standards and guidelines to support implementation of risk ...
What is the RMF used for? ›The Risk Management Framework (RMF) provides a process that integrates security, privacy, and cyber supply chain risk management activities into the system development life cycle.
What are the 5 components of RMF? ›There are at least five crucial components that must be considered when creating a risk management framework. They are risk identification; risk measurement and assessment; risk mitigation; risk reporting and monitoring; and risk governance.
What are the stages of NIST? ›
- Identify. Make a list of all equipment, software, and data you use, including laptops, smartphones, tablets, and point-of-sale devices. ...
- Protect. ...
- Detect. ...
- Respond. ...
- Recover.
- Step 1: Establishing a set of goals. ...
- Step 2: Profile creation. ...
- Step 3: Assessing your current position. ...
- Step 4: Conduct a gap analysis and create a plan of action. ...
- Step 5: Implementation.
- Phase 1: Preparation. ...
- Phase 2: Detection and Analysis. ...
- Phase 3: Containment, Eradication, and Recovery. ...
- Phase 4: Post-Event Activity.
Customization: The NIST RMF allows businesses, government agencies, and other organizations to tailor security controls and risk management practices to their specific needs. Compliance: The framework aligns with cybersecurity standards, legal guidelines, customer requirements, and various regulations.
What are the 5 steps of the NIST framework for Incident Response? ›- Step 1: Preparation. ...
- Step 2: Detection and analysis. ...
- Step 3: Containment, eradication, and recovery. ...
- Step 4: Post-incident activity. ...
- Step 5: Test your incident response process.
Tier 1 (organization), Tier 2 (mission/business process), and Tier 3 (information system). risk assessment process. These include, for example, the risk management strategy, organizational risk tolerance, risk assessment methodology, assumptions, constraints, and mission/business priorities.
What are the 5 stages of NIST? ›You can put the NIST Cybersecurity Framework to work in your business in these five areas: Identify, Protect, Detect, Respond, and Recover.
How many steps are there in NIST? ›The NIST Risk Management Framework (RMF) provides a comprehensive, flexible, repeatable, and measurable 7-step process that any organization can use to manage information security and privacy risk for organizations and systems and links to a suite of NIST standards and guidelines to support implementation of risk ...
What is the 7 step approach to NIST? ›The seven NIST RMF steps lay out the process your organization can follow: Prepare; Categorize; Select; Implement; Assess; Authorize; and Monitor.