The Framework also helps them respond to and recover from cyber security incidents, prompting them to analyse root causes and consider how they can make improvements
More than ever, organisations must balance a rapidly evolving cyber threat landscape against the need to fulfill business requirements. To help organisations manage their cyber security risk, NIST convened stakeholders to develop a Cyber Security Framework that addresses threats and supports business.
While the primary stakeholders of the Framework are U.S. private-sector owners and operators of critical infrastructure, its user base has grown to include communities and organisations across the globe.
The Framework integrates industry standards and best practices to help organisations manage their cyber security risks. It provides a common language that allows staff at all levels within an organisation—and at all points in a supply chain—to develop a shared understanding of their cyber security risks.
NIST worked with private-sector and government experts to create the Framework, which was released in early 2014.
The Framework not only helps organisations understand their cyber security risks (threats, vulnerabilities and impacts), but how to reduce these risks with customised measures.
The Framework also helps them respond to and recover from cyber security incidents, prompting them to analyse root causes and consider how they can make improvements.
Companies from around the world have embraced the use of the Framework, including JP Morgan Chase, Microsoft, Boeing, Intel, Bank of England, Nippon Telegraph and Telephone Corporation, and the Ontario Energy Board.
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