Flash Report — NIST Releases Version 2.0 of Its Cybersecurity Framework (CSF): What This Means for Your Organization

Sameer Ansari, Managing Director Global Security and Privacy Leader

What you should know: On February 26, 2024, The National Institute of Standards and Technology (NIST) released version 2.0 of its updated and widely used Cybersecurity Framework (CSF). NIST CSF 2.0 expands to include governance and supply chains, offering comprehensive cybersecurity guidance for all organizations.

Why it matters: The update is important for organizations of all sizes and sectors, helping them effectively manage and reduce cybersecurity risks, make informed decisions, and align with stakeholder expectations.

Our insights: In this Flash Report, we summarize the changes NIST CSF 2.0 brings to the table and how it builds upon previous versions to provide a comprehensive framework for managing cybersecurity risks.

What’s next: Organizations should take preparatory steps such as implementing a cross-functional cyber task force and reviewing current policies against the new framework elements.

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