NIST Compliance: What You Should Know in Terms of Business Continuity

One of the main responsibilities of the National Institute of Standards and Technology (NIST) is to create security control standards that may be applied in a variety of sectors. These guidelines are based on best practices, and the government encourages businesses and organizations to follow them. The NIST Cybersecurity Framework (CSF) is one of the most extensively utilized NIST documents.

 

What Is NIST Compliance?

Complying with one or more NIST standards is referred to as NIST compliance. The US Department of Commerce’s NIST is a nonregulatory institution. Its main responsibility is to create industry-specific standards (especially for security controls).

 

(NIST develops standards based on best practices. That is why the government has advised businesses and organizations to employ them. The NIST CSF, which is used to assess cybersecurity threats, is the most adopted of NIST’s procedures and practices. NIST 800-171 and NIST 800-53 are two other standards that deal with unclassified data.

 

What Are the Benefits of NIST Compliance?

There are a few advantages to adhering to NIST standards. Organizations may secure their data and networks by following the NIST CSF. In certain ways, this protects businesses from cyberattacks, viruses, ransomware, and other types of cyber threats.

 

Businesses must likewise comply with other government or industry laws when working toward NIST compliance. The requirements of the Federal Information Security Management Act (FISMA) can be completed by federal entities. Manufacturers and vendors who are NIST-compliant can meet the requirements. Health Insurance Portability and Accountability Act (HIPAA) and Sarbanes-Oxley Act (SOX) compliance are also aided by NIST compliance.

 

These advantages are significant enough to justify avoiding NIST noncompliance. It would be risky for organizations that are noncompliant, as they may lose the ability to engage in government contracts. Noncompliance or failure to maintain NIST compliance can result in termination of the contract, damage to the business brand, and potential legal issues.

 

NIST Compliance That Pertains to Business Continuity and Disaster Recovery

NIST maintains a large library of Special Publications (SP) and Federal Information Processing Standards (FIPS) on Business Continuity and Disaster Recovery.

 

SP 800-30 Rev. 1 Guide for Conducting Risk Assessments

The goal of Special Publication (SP) 800-30 is to reinforce Special Publication (SP) 800-39 by providing guidance on carrying out risk assessments of federal information systems and organizations. Risk assessments are part of a broader risk management process, presenting higher leads and executives with the knowledge they need to identify suitable plans of action in response to recognized dangers at all three levels of the risk management hierarchy.

 

SP 800-37 Rev. 2 Risk Management Framework for Information Systems and Organizations

The Risk Management Framework (RMF) is described in this SP, as well as instructions for implementing the RMF to information systems and organizations. The RMF encompasses information security classification, control identification, installation, and assessment; system and common control permissions; and continuous monitoring as part of a regulated, structured, and flexible approach for handling security and privacy risk. The RMF comprises actions that will help firms get ready to use the framework at the right risk management level.

 

SP 800-34 Rev. 1 Contingency Planning Guide for Federal Information Systems

Through realistic, real-world recommendations, this SP enables businesses in understanding the objective, process, and structure of information system business continuity development. The interactions between information system business continuity planning and various types of security and emergency management-related backup plans, organizational adaptability, and the development of the system are discussed in this guidance document.

 

SP 800-84 Guide to Test, Training, and Exercise Programs for IT Plans and Capabilities

NIST created this paper in order to fulfill its social responsibilities under Public Law 107-347, the FISMA of 2002. This article aims to enable businesses in the design, development, execution, and evaluation of test, training, and exercise events in order to support workers in preparation for unfavorable information technology circumstances. The guide focuses on event planning, development, execution, and assessment for individual incidents rather than large-scale events involving numerous organizations.

 

FIPS 200 Minimum Security Requirements for Federal Information and Information Systems

The Information Technology Management Reform Act of 1996 established Federal Information Processing Standards (FIPS) 200 as the best choice. It’s part of the risk management framework published by the NIST to help federal agencies provide aspects of information security based on risk. FIPS 200 lays forth basic security standards for government information and information systems, as well as a risk-based approach to determining the security measures required to meet those criteria.

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