Take a risk-based approach to cybersecurity

Cyber attacks are one of the biggest threats to global stability in the next five years, according to the World Economic Forum’s Global Risks Report 2018. Every organization is a target, and yours could be among those already affected. With this in mind, it is essential that you are aware of the risks of suffering a data breach and protect the data you hold.

In response to growing cybersecurity concerns, NIST (National Institute of Standards and Technology) created the CSF (Cybersecurity Framework) and RMF (Risk Management Framework) for organizations to use as guidance for cybersecurity best practice.

What are the NIST CSF and RMF?

The NIST CSF was primarily intended for critical infrastructure organizations to enable them to manage and mitigate cybersecurity risks.

The NIST RMF provides organizations with a structured approach to risk management to ensure that risk is managed in line with the organization’s requirements, business objectives, and risk appetite.

What does this mean?

Adopting a risk-based approach, as reflected in NIST’s frameworks and ISO 27001, is key to effective security. Both frameworks have a number of common principles, and both require accurate risk assessments. As risk management lies at the core of these frameworks, it’s essential that the risk assessments are performed effectively in order to identify the gaps in your organization’s critical risk areas and determine actions to close those gaps.

Risk assessments

Risk assessments are notoriously time-consuming and complex, but the right software can help simplify the process and eliminate the likelihood of user errors.

vsRisk™ is an information security risk assessment software tool created by industry-leading ISO 27001 experts. Featuring ISO/IEC 27001:2013’s Annex A controls and NIST SP (Special Publication) 800-53, among other frameworks, it streamlines the risk assessment process, helping you deliver fast, accurate, and hassle-free risk assessments year after year. It enables you to automate your risk assessments, saving 80% of your time and cutting consultancy costs.

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