NIST SP 800-37
The NIST SP 800-37 Risk Management Framework (RMF) is a comprehensive, structured approach to managing risks that are associated with the operation and use of federal information systems. The framework was developed by the National Institute of Standards and Technology (NIST) in response to the increasing need for cybersecurity solutions that can address the evolving challenges faced by federal agencies.
Source: What is NIST SP 800-37 Risk Management Framework? – Advanced Security
What is NIST 800-37?
The main objective of NIST SP 800-37 is to offer a risk management framework that allows organizations to effectively assess and manage risks associated with their information systems and data throughout the system’s life cycle. It is a flexible framework which can be tailored based on the business requirements & objectives of the organization.
Implementation Methodology
The NIST SP 800-37 outlines a systematic and structured approach to risk management, which includes the following key steps:
Categorize Information System
Classifying the information system and its data into different risk levels according to the information’s value and possible impact will help you understand the system’s sensitivity and criticality.
Select Security Controls
Selecting appropriate security controls from NIST Special Publication 800-53, “Security and Privacy Controls for Information Systems and Organizations,” based on the identified risk levels and the organization’s security requirements.
Assess Security Controls
Using security assessments and testing to determine how well the established security controls mitigate the risks that have been identified.
Who Needs To Be Compliant With
NIST 800-37?
Who Needs To Be Compliant With NIST 800-37?
Compliance with NIST SP 800-37 is mandatory for contractors and subcontractors handling U.S. federal government information. Additionally, private organizations aiming to improve their cybersecurity frameworks or comply with regulations like FedRAMP or CMMC can adopt NIST SP 800-37 to enhance risk management practices.
This publication is intended to help organizations manage security and privacy risk, and to satisfy the requirements in the Federal Information Security Modernization Act of 2014 (FISMA), the Privacy Act of 1974, OMB policies, and Federal Information Processing Standards, among other laws, regulations, and policies
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