Final answer:
The NIST CSF is a voluntary framework aimed at helping organizations manage cybersecurity risk through standards, guidelines, and best practices. It's applicable to both short-term and long-term risk management and is not mandated by law.
Step-by-step explanation:
The National Institute of Standards and Technology Cybersecurity Framework (NIST CSF) is designed to help organizations manage cybersecurity risk. The following statements describe the NIST CSF:
- Its purpose is to help manage cybersecurity risk: This is the primary intent of the NIST CSF, to assist organizations in better understanding, managing, and reducing cybersecurity risk, and to protect their networks and data.
- It is a voluntary framework: The NIST CSF is not mandated by law; organizations can choose to adopt it.
- It consists of standards, guidelines, and best practices: The NIST CSF includes a variety of recommendations that can help organizations improve their cybersecurity posture.
The first statement, "It is only effective at managing long-term risk," is not accurate because the NIST CSF is designed to be flexible and applicable for both short-term and long-term risk management efforts.