Overview
The NIST Privacy Framework: A Tool for Improving Privacy Through Enterprise Risk Management, Version 1.0 is a voluntary privacy risk management framework developed by the National Institute of Standards and Technology (NIST) to help organizations identify, assess, manage, and communicate privacy risks arising from the processing of personal data. Published in January 2020, the framework provides a flexible and scalable approach to integrating privacy into enterprise risk management and organizational decision-making. It is structured around three components: the Core, which outlines privacy protection activities and outcomes; Profiles, which help organizations align privacy activities with business objectives and risk tolerance; and Implementation Tiers, which support the assessment of privacy risk management maturity. Designed to be used alongside the NIST Cybersecurity Framework, Version 1.0 helps organizations strengthen privacy governance, support regulatory compliance efforts, build customer trust, and manage the privacy impacts of products, services, and data processing activities.