Complying with NIST Password Guidelines Helps Organizations
Acknowledging that no security team can be entirely protected against breaches, organizations are turning to cyber liability insurance to cushion potential losses. Yet, securing affordable cyber insurance rates can be an uphill battle, especially for companies lacking a solid cybersecurity framework. The National Institute of Standards and Technology (NIST) Cybersecurity Framework gives organizations a tool for managing risk, with recent research showing that following NIST password guidelines helps organizations secure better rates on their cyber liability insurance.
NIST Cybersecurity Framework: Key to Managing Risk and Securing Favorable Cyber Liability Insurance Premiums
The NIST Cybersecurity Framework (CSF) provides a comprehensive blueprint for organizations to manage and reduce cybersecurity risk. It has five core functions: Identify, Protect, Detect, Respond, and Recover. These functions offer a strategic way for organizations to prioritize how they approach security.
Security teams can create a standardized approach to cybersecurity with the NIST CSF, which can simplify finding…
