NIST Releases Version 1.0 of Privacy Framework
Tool will help optimize beneficial uses of data while protecting individual privacy.
Our data-driven society has a tricky balancing act to perform: building innovative products and services that use personal data while still protecting people’s privacy. To help organizations keep this balance, the National Institute of Standards and Technology (NIST) is offering a new tool for managing privacy risk.
The agency has just released Version 1.0 of the NIST Privacy Framework: A Tool for Improving Privacy through Enterprise Risk Management. Developed from a draft version in collaboration with a range of stakeholders, the framework provides a useful set of privacy protection strategies for organizations that wish to improve their approach to using and protecting personal data. The publication also provides clarification about privacy risk management concepts and the relationship between the Privacy Framework and NIST’s Cybersecurity Framework.
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