National Institute of Standard and Technology (NIST) released a Privacy framework for 2020 to improving privacy through enterprise risk management.
NIST Privacy Framework is a voluntary tool developed in collaboration with stakeholders intended to help organizations identify and manage privacy risks to build innovative products and services while protecting individuals’ privacy.
It enables better privacy engineering practices that support privacy by design concepts and helps organizations protect individuals’ privacy.
NIST specifically build this framework to fulfill the current compliance obligation and facilitating communication about privacy practices with the customers, business partners, regulators, and assessors.
The current NIST privacy framework followed by a cybersecurity framework – Framework for Improving Critical Infrastructure released in 2018.
Same as cybersecurity framework, A privacy framework developed of 3 parts: Core, Profiles, and Implementation Tiers.
The Core Tier focuses on the executive level to implementation and operation level that handles the important privacy protection activities.
Profiles focusing the priority on best meet organizational privacy values, mission or business needs, and risks.
The implementation tier talks about decision-making and communication about the sufficiency of organizational processes and resources to manage privacy risk.
How to Use the Privacy Framework
When the Privacy Framework used as a risk management tool, it assists an organization to optimize beneficial uses of data and the development of innovative systems, products, and services.
The privacy framework will answer the fundamental question How are we considering the impacts on individuals as we develop our systems, products, and services?”
According to the NIST framework “The decision about how to apply it is left to the implementing organization. For example, an organization may already have robust privacy risk management processes but may use the Core’s five Functions as a streamlined way to analyze and articulate any gaps.”
The variety of ways in which the Privacy Framework can be used by organizations:
- Mapping to Informative References
- Strengthening Accountability
- Establishing or Improving a Privacy Program
- Applying the System Development LifeCycle
- Using within the Data Processing Ecosystem
- Informing Buying Decisions
Download Here the complete Privacy Framework E-book and Core version.1.0.