NIST Releases Privacy Framework v1.0
On January 16, 2020, the National Institute of Standards and Technology ("NIST") published its long-awaited Privacy Framework Version 1.0, which aims to provide a "set of privacy protection strategies for organizations that wish to improve their approach to using and protecting personal data."
As the NIST press release describes:
The NIST Privacy Framework is not a law or regulation, but rather a voluntary tool that can help organizations manage privacy risk arising from their products and services, as well as demonstrate compliance with laws that may affect them, such as the California Consumer Privacy Act and the European Union’s General Data Protection Regulation. It helps organizations identify the privacy outcomes they want to achieve and then prioritize the actions needed to do so.
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