The National Institute of Standards and Technology Cybersecurity Framework (NIST CSF) provides voluntary, consensus-based industry standards and best practices for enhancing the security of cybersecurity infrastructure. By using the NIST framework, businesses can improve their cybersecurity posture and reduce the risk of being targeted by cybercriminals. The framework also helps organizations identify and manage cyber risk in a cost-effective way.
The NIST CSF has three principal components:
The current version of the NIST CSF covers all aspects of cybersecurity, from risk assessment to employee security awareness training. The framework is also regularly updated in order to address the latest threat actors or technologies.
NIST CSF is a government-backed industry standard. Moreover, it’s one of the few cybersecurity frameworks recognized under the Cybersecurity Safe Harbor Law.
Connecticut’s Cybersecurity Safe Harbor Law is a piece of legislation primarily aimed at shielding businesses or other entities from being liable for cyberattack-related damages if they can prove that they have taken reasonable steps to prevent such attacks. Because the Safe Harbor Law incentivizes businesses that prioritize implementing cybersecurity measures, it helps push for generally better cybersecurity practices across the board. It also compels business leaders to stay informed about the latest developments in cybersecurity.
If you are a business owner in Connecticut, understanding the Cybersecurity Safe Harbor Law and its benefits is vital. Taking steps to comply with the law protects not only your business from liability in the event of a cyberattack, but it can also help prevent attacks from happening in the first place.
Your business can qualify under the Safe Harbor law if you meet certain requirements. Most importantly, your organization must be compliant with a recognized cybersecurity framework, such as the NIST CSF.
However, achieving NIST CSF compliance can be daunting, as it requires creating and implementing a comprehensive cybersecurity strategy. You must first identify what assets and systems need to be protected from cyberattacks. This includes identifying the data stored on these systems and gauging these data sets' values. By doing so, can you accurately determine your business’s cybersecurity risks and predict the consequences of a cyberattack on every asset and system.
After assessing the cybersecurity risks, you must develop a cybersecurity plan that addresses those risks and enables you to protect your business’s networks. This plan should comprise measures that will be taken to prevent, detect, and respond to cyberattacks.
On top of these, your business must be able to prove that your cybersecurity strategy is constantly evolving to reflect changes in the threat landscape. This entails having an ongoing risk assessment and employee cybersecurity training, as well as ensuring the audibility of all systems.
Related article: How Following NIST CSF Qualifies You for Safe Harbor Protection |
Being compliant with the NIST CSF or any recognized cybersecurity framework is just one crucial requirement under Safe Harbor. It's also critical that your business implement a written information security program that includes:
Businesses must also share information about cybersecurity threats with the government in order to be given protection under the Safe Harbor Law.
If you're looking to comply with the NIST CSF and be protected under the Safe Harbor Law, then partnering with our compliance experts at Charles IT will enable you to achieve your goals.
These qualities make us the ideal IT partner:
If you're ready to take your cybersecurity program to the next level, contact us today to learn more!