Description
Review NIST SP 800-37 v2. Risk Management Framework for Information Systems and Organizations: A System Life Cycle Approach for Security and Privacy.
Select one of the 6 RMF lifecycle Steps(Chart Attached)
Discuss the following in your paper.- 1. Identify the step and associated government document.
- 2. Discuss the importance of the step in the overall framework.
- 3. What are the consequences if the step is not included in the risk management life cycle?
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Explanation & Answer
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Risk Management Framework for Information Systems and Organizations
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Risk Management Framework refers to a set of criteria that determines the manner in
which the US government IT systems should be architected, monitored and secured. The US
government adopted this system in the year 2010 (Force, 2018). The framework is constituted
of 7 steps (from step 0-step 6). The steps are Prepare, Categorize and Select. Others include
Implement, Assess, Authorize, and Monitor (Esteki, Gandomani, & Farsani, 2020). Typically,
organizations should utilize the steps and the RMF framework in general in a complementary
way as undersigned by the RMF guidelines. This would comprehensively help manage their
privacy and other related security risks to organizational assets. Further, it would also help in
addressing the overall operations and the nation's internal security. The RMF cycle offers a
repeatable and smooth process well designed to enhance information and information systems
protection from cyber threats and other related information systems threats. Further, it
emphasizes the firm's broad preparations critical to managing its privacy and security risks
(Force, 2018). RMF creates accountability for the implemented co...