National Institute of Standard and Technology (NIST) released a Privacy framework for 2020 to improving privacy through enterprise risk management. 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. The 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.”]
Source: https://gbhackers.com/nist-released-privacy-framework/