Risk assessment has been and continues to be, one of the more challenging cybersecurity practices that many organizations will put into place. Unlike simple security control implementation and maintenance, risk assessment calls for your organization to understand how adopting, or not adopting, particular controls, operations or processes can impact security.
As the federal government and the defense supply chain are turning more and more attention to the importance of cybersecurity (including President Biden’s Executive Order on the subject and the several bills in Congress addressing limitations in our security posture), businesses working in that area will be expected to implement risk-based compliance. This fact, in turn, means that you must understand critical government frameworks that speak about risk.
In this article, we are discussing NIST 800-30 and how it serves as a foundation for risk assessment in government compliance.