Cybersecurity Ventures predicts cybercrime will cost the world in excess of $6 trillion annually by 2021, up from $3 trillion in 2015. The NIST Framework for Improving Critical Infrastructure Cybersecurity, commonly referred to as the NIST Cybersecurity Framework (CSF), provides private sector organizations with a structure for assessing and improving their ability to prevent, detect and respond to cyber incidents. The U.S. Commerce Department’s National Institute of Standards and Technology (NIST) issed in February 2014 Cybersecurity Framework version 1.0 , more widely known as the Cybersecurity Framework. NIST released version 1.1 of its popular Framework for Improving Critical Infrastructure Cybersecurity in April 2018
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