NIST And FAIR Develop Tool To Merge Cybersecurity Risk Standards

One key issue when developing a cybersecurity protocol for your business is ensuring compliance with industry standards to protect your business and adequately address cybersecurity risks. Fail to comply with the standard for your product, company, or industry, and you risk not just a breach of your company's environment, but administrative fines or civil litigation and loss of customers or clients.

Another concern for cybersecurity professionals is how to prioritize risks in their organizations. In an ideal world, all information would be encrypted and thoroughly protected with physical, technical, and administrative layers of security. In the real world, however, there are budgets to be considered. Organizations must prioritize where they deploy their limited security resources. But evaluating the risks posed by cybersecurity threats to different parts of systems can be difficult.