What does NIST SP 800-37 provide guidance on?

NIST SP 800-37 provides guidance specifically on implementing risk management frameworks within organizations. This publication outlines a structured approach for managing risk by integrating it into the organization's processes, particularly in the context of information security. It emphasizes the importance of continuous monitoring and the need to incorporate risk assessment and risk response strategies into the overall governance of technology and data security.

By detailing the Risk Management Framework (RMF), NIST SP 800-37 aids organizations in categorizing information systems, selecting and implementing security controls, assessing those controls, and continuously monitoring the security status throughout the system lifecycle. This holistic approach helps organizations effectively manage security risks associated with their information systems and supports compliance with federal regulations and guidelines.