Data has become an essential asset of any company as it plays a significant role in maintaining and acquiring new clients. Due to this demand for data, some people work together, either in groups or as individuals, and organize how to get the data illegally. It has led to increased cybercrime cases forcing governments, organizations, and businesses to develop training and regulations to fight the menace. According to Cloudwards, the number of cybercrime cases increased by 600% during the COVID 19 period, and the financial industry was the one that hit most. It has forced some countries to intervene, like the United States, and set up their Cybersecurity framework to reduce cybercrime cases. The article will cover some of the best cybersecurity frameworks, functions, and components.
The cybersecurity framework consists of rules, guidelines, and practices that help users manage cybersecurity risks. It consists of objectives, and they have been around for several years. The framework is compulsory, and cybersecurity experts use it to secure data and other valuable assets by ensuring that they can control any risk associated with cyber-attacks and risks.
Many businesses are normally encouraged to implement and follow the frameworks to comply with international standards. Every organization has the power to use the framework, no matter the size or development. It is easier to adapt to it, and this is due to the modification feature provided by the customization options.
There are several functions of the Cybersecurity framework. Some of the functions include:
The framework has three components:
There are several types of Cybersecurity frameworks. Some of them include:
1. NIST Cybersecurity Framework
President Barack Obama started it to protect the infrastructure from attacks. Most organizations use NIST standards and principles to keep their assets safe.
It consists of complex measures and receives updates after a certain period. Its implementation takes a long time to ensure all the procedures and standards meet the documentation.
It follows all the Cybersecurity framework functions to implement all security systems gaps and identify all the risks. It recommends different ways companies can protect themselves from threats and attacks.
2. CIS framework
The Center for Internet Security invented it to protect companies from cybersecurity threats. It has experts who build different products and tools to serve various industries and government institutions. It works well with other frameworks like NIST, making it compliant with set standards like HIPAA.
It mainly uses tools like Benchmark, which helps companies configure security settings without impacting performance. Some of the other products and tools it provides include CIS SecureSuite®, CIS Hardened Images®, CIS Critical Security, Controls®, Albert Network Monitoring, Managed Security Services, Endpoint Security Services e.t.c
There was a period when many United States organizations were facing cybercrime attacks. It forced North American Electric Reliability Corporation - Critical Infrastructure Protection (NERC CIP) to develop guidelines to reduce cyber attacks on power infrastructure. It targeted the organizations in the supply chain sector.
It has a lot of emphasis on training staff, categorizing important assets and systems, and recovery plans.
4. ISO 27001 and 27002
These are internationally recognized certifications invented by the International Organization for Standardization (ISO) to evaluate the standards of different cybersecurity programs. It checks how the organization is internally organized and how they work with third-party partners.
ISO 27001 ensures that the company management can manage all the security risks by maintaining any threats.ISO 27002 ensures that a company has the best cybersecurity practices. The whole process of ensuring you are ISO certified takes a lot of time and resources.
It was started by the American Institute of Certified Public Accountants (AICPA) to ensure that companies and their partners are safe when dealing with the customer's data. It has over 50 requirements that brands should meet, and it can take up to one year to become compliant.
Most users who have tried it view it as hard to implement, especially those working in the banking industry. It plays a better role in the organization and regulatory overview and governance.
These frameworks have saved a lot of businesses from facing data breaches that result from hackers due to the strong security of assets. It has enabled organizations to follow the regulations by training the workers and following the manuals. Despite taking time and resources, it has more benefits. They gave the business that operates internationally the chance to fight this issue by ensuring they comply with all the set regulations.
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ISO means International Standard Organization. 27001/27002 framework is known as 27K, an internationally recognized standard for cyber security. This framework requires an organization to adapt to the ISO 27001 security standards.
The primary purpose of having an information security framework in place is to reduce risk and the organization's exposure to vulnerabilities.
There are many cybersecurity frameworks which work well in the field of cybersecurity. Some of the best frameworks are NIST Cybersecurity Framework, ISO 27001, ISO 27002, SOC2, etc.
Both are related and involved in online safety and security but differ in functioning. Cyber security means protecting data and information networks, and cyber safety means protecting users from harmful online content.
Cyber security frameworks are nothing but a set of documents referring to guidelines, best practices, and standards developed for better management purposes for cyber security risks that occur in the digital world.