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Glossary definition: NIST 800-53 Risk Assessment

NIST 800-53 Risk Assessment: A Guide to Security Evaluation

NIST 800-53 Risk Assessment is a comprehensive process used to identify, assess, and manage the security risks associated with the use, processing, storage, and transmission of information and information systems. It involves analyzing the security controls in place, evaluating the potential threats and vulnerabilities, and determining the appropriate risk mitigation strategies. This process is designed to ensure that the organization has the appropriate security controls in place to protect its information and information systems from unauthorized access, use, disclosure, disruption, modification, or destruction. The risk assessment should be conducted on a regular basis to ensure that the organization’s security posture is up to date and that any new threats or vulnerabilities have been identified and addressed. The NIST 800-53 Risk Assessment approach helps organizations to identify and address security risks in a timely and cost-effective manner.