Security News > 2020 > January > NIST Releases Framework for Privacy Risk Management
The National Institute of Standards and Technology last week announced version 1.0 of its Privacy Framework, a tool designed to help organizations manage privacy risks.
NIST published a preliminary draft of the Privacy Framework in September 2019, when it requested public feedback.
The NIST Privacy Framework is designed to help organizations of all sizes and in all sectors manage privacy risks by focusing on three main aspects: taking privacy into account when developing a product or service, communicating about privacy practices, and cross-organizational collaboration.
"That's why you need a framework for privacy risk management, not just a checklist of tasks: You need an approach that allows you to continually reevaluate and adjust to new risks."
NIST says the Privacy Framework is meant to complement the NIST Cybersecurity Framework, and both will be updated over time.