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The U.S. Department of Commerce's National Institute of Standards and Technology (NIST) released its draft of a voluntary cybersecurity framework on Oct. 22 that will allow both private and public companies that work with critical infrastructure to better evaluate cyber risk, and prepare better defenses against ever-increasing online attacks.
NIST's “Preliminary Cybersecurity Framework,” to be finalized in February 2014 after a period for public comment, originated with an executive order from President Barack Obama, which identified cyber threats to critical infrastructure as “one of the most serious national security challenges” and directed NIST to produce the framework document. See, “Improving Critical Infrastructure Cybersecurity,” Executive Order 13636 (Feb. 12, 2013). The new framework sets out specific steps and best practices for organizations ' small and large, public and private ' to follow in order to better protect the country's critical infrastructure.
“At minimum, what it does is it enables organizations to appreciate the need for greater risk assessment and risk management as it relates to cyber,” Tom Kellerman, vice president of cybersecurity for security software company Trend Micro Inc., told Internet Law & Strategy's ALM affiliate CorpCounsel.com. See, “Sci-Fi Web Videos Warn of Cyber Threats of the Future.”'
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