"Today's risk management professionals really need to take a strategic view of managing risk to be relevant in achieving the organization's expected outcome," says Philip Alexander of Wells Fargo Bank.
Speculation about the pending update to online authentication guidance has been circulating around water coolers for months now. "A [disclosure] like this could make it more challenging for the regulators," says attorney David Navetta.
The co-chair of the Commission on Cybersecurity for the 44th President praises the Obama administration's commitment to IT security, but says the administration has much more work to do to develop a comprehensive strategy to combat cyber threats.
Describing it as the capstone publication of a partnership with the defense and intelligence communities, NIST publishes new guidance on managing security risk associated with the operation and use of IT systems.
A team headed by Senior Computer Scientist Ron Ross will update one of NIST's premier risk management publications - SP 800-53: Recommended Security Controls for Federal Information Systems and Organizations.