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The Risk Management Framework (RMF) is a United States federal government guideline, standard, and process for managing risk to help secure information systems (computers and networks). The RMF was developed by the National Institute of Standards and Technology (NIST), and provides a structured process that integrates information security ...
As of May 2015, the DIACAP was replaced by the "Risk Management Framework (RMF) for DoD Information Technology (IT)". Although re-accreditations via DIACAP continued through late 2016, systems that had not yet started accreditation by May 2015 were required to transition to the RMF processes. [ 1 ]
In this step, the results from the risk analysis are compared against the organization's risk acceptance criteria. The risk list is prioritized, and recommendations are made for risk treatment. Risks that are too costly to mitigate may be accepted or transferred (e.g., through insurance). Risk assessment according NIST SP 800-30 Figure 3-1
NIST had an operating budget for fiscal year 2007 (October 1, 2006 – September 30, 2007) of about $843.3 million. NIST's 2009 budget was $992 million, and it also received $610 million as part of the American Recovery and Reinvestment Act. [18] NIST employs about 2,900 scientists, engineers, technicians, and support and administrative personnel.
NIST Special Publication 800-37 Rev. 1 was published in February 2010 under the title "Guide for Applying the Risk Management Framework to Federal Information Systems: A Security Life Cycle Approach". This version described six steps in the RMF lifecycle. Rev. 1 was withdrawn on December 20, 2019 and superseded by SP 800-37 Rev. 2. [1]
Risk Assessment (ID.RA): The organization understands the cybersecurity risk to organizational operations (including mission, functions, image, or reputation), organizational assets, and individuals. Risk Management Strategy (ID.RM): The organization's priorities, constraints, risk tolerances, and assumptions are established and used to support ...
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