The NIST Privacy Framework provides the ability for organizations to analyze key privacy objectives and clearly define their strategic approach to these objectives. In addition, by adopting the Framework, companies can position themselves to scale along with the growth of privacy regulation.
Privacy is a rapidly growing concern for businesses of all sizes. Whether facing questions from customers, business partners, or regulators, businesses must be able to adequately describe the steps they have taken to maintain the privacy of consumer data.
Frameworks such as the General Data Protection Regulation (GDPR) and ISO 27701 help define the major pillars of an enterprise privacy program. Yet, as additional privacy regulations are enacted, companies may lack a defined strategy to address new requirements and may fail to take a risk-based approach to their privacy programs.