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NISTs Draft Update to Cybersecurity Framework Focuses on Third-Party Vendors and the Cost-Effectiveness of Cybersecurity Programs

Shared by Radhika Narayanan | 4 33 2 | about 3 months ago

On January 10 2017 the National Institute of Standards and Technology (NIST) released a proposed update to its popular cybersecurity blueprint for organizations and businesses known as the Framework for Improving Critical Infrastructure Cybersecurity (the Framework)1 The updated Framework titled Draft Version 11 includes among other things new provisions for assessing the cybersecurity risk posed by third-party vendors and the addition of a new section on measuring the cost effectiveness of cybersecurity programs The proposed changes are NISTs first attempt to update the Framework since it was issued in February 2014 pursuant to President Obamas February 2013 Executive Order 13636 Improving Critical Infrastructure Cybersecurity Based on feedback from users responses to its official request for information and workshop comments NIST has identified certain areas of the Framework that needed refining clarification or enhancement Draft Version 11 is the result of that effort

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