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Implementing the NIST cybersecurity framework could be worth at least $1.4m to your business

The NIST Cybersecurity Framework is considered the most thorough way to apply best practices. By Light, a mid-sized government contractor that won a one-year DoD contract awarded in 2017, was largely due to By Light having implemented the NIST CSF. The winning company won despite bidding $2,810,436 more than the losing company, representing about 5% of the value of the contract. The U.S. Government Accountability Offices report stated: The fact that the. NIST. CSF is seen as a positive addition to existing cybersecurity standards and guidelines and may ultimately be mandated in whole or in part, does not undermine the reasonableness of the.”]

Source: https://www.csoonline.com/article/3268937/implementing-the-nist-cybersecurity-framework-could-be-worth-at-least-1-4m-to-your-business.html

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