In the digitally-driven landscape of financial services, cybersecurity is of paramount importance. In fact, its significance can’t be overstated. Financial
NIST CSF Background
NIST CSF came about as a response to Executive Order 13636, titled “Improving Critical Infrastructure Cybersecurity,” which was issued on February 12, 2013.
After the issuance of this order, NIST began working with the country’s private sector to compile a set of standards and best practices into a centralized cybersecurity framework. The result was NIST CSF Version 1.0.
In 2014, the Cybersecurity Enhancement Act (or CEA) expanded NIST’s efforts to develop a more extensive Cybersecurity Framework. Nearly a decade later, this set of guidelines is still one of the most widely used frameworks across all industries countrywide.