NIST SP 800-37 (Risk Management Framework)
Region
US
Focus
Risk Management
Detailed Description
The RMF provides a disciplined, structured, and flexible process for managing security and privacy risk that includes information security categorization; control selection, implementation, and assessment; system and common control authorizations; and continuous monitoring. The RMF includes activities to prepare organisations to execute the framework at appropriate risk management levels. The RMF also promotes near real-time risk management and ongoing information system and common control authorization through the implementation of continuous monitoring processes; provides senior leaders and executives with the necessary information to make efficient, cost-effective, risk management decisions about the systems supporting their missions and business functions; and incorporates security and privacy into the system development life cycle. Executing the RMF tasks links essential risk management processes at the system level to risk management processes at the organisation level. In addition, it establishes responsibility and accountability for the controls implemented within an organisation’s information systems and inherited by those systems.
Key Details
- Developed by NIST (National Institute of Standards and Technology).
- Focuses on system authorisation, continuous monitoring, and risk-based decision-making.
- Guides organisations in implementing security controls and ensuring ongoing system security assessments.