NIST SP 800-37 Rev 1
Title: Guide for Applying the Risk Management Framework to Federal Information Systems: A Security Life Cycle Approach
Date: February 2014
Creator: National Institute of Standards and Technology
Description: NIST SP 800-37 Rev 1 provides guidelines for applying the Risk Management Framework(RMF)to federal information systems. The six-step RMF includes security categorization,security control selection, security control implementation, security control assessment, information system authorization, and security control monitoring. The RMF promotes the concept of near real-time risk management and ongoing information system authorization through the implementation of robust continuous monitoring processes, provides senior leaders the necessary information to make cost-effective, risk-based decisions with regard to the organizational information systems supporting their core missions and business functions, and integrates information security into the enterprise architecture and system development life cycle. Applying the RMF within enterprises links risk management processes at the information system level to risk management processes at the organization level through a risk executive (function)and establishes lines of responsibility and accountability for security controls deployed within organizational information systems and inherited by those systems (i.e., common controls).