From: BankInfoSecurity
Awaiting Metrics to Determine Voluntary Framework’s Value
By Eric Chabrow
Members of a Senate committee, at a Feb. 4 hearing, received anecdotal evidence of how the National Institute of Standards and Technology’s cybersecurity framework is helping businesses with risk management.
One by one, representatives of the banking industry and U.S. Chamber of Commerce, the CFO of a small telecommunications company as well the head of NIST described for senators how the voluntary best practices are proving helpful. But measurable proof of the effectiveness of using the framework to prevent damaging cyber-attacks is still lacking.
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