NIST Cybersecurity Framework 1.1 ID.RM-1: Risk management processes are established, managed, and agreed to by organizational stakeholders
What does ID.RM-1 require?
Risk management processes are established, managed, and agreed to by organizational stakeholders. IDENTIFY (ID) Function, Risk Management Strategy (ID.RM) Category. Outcome in the Framework Core of Version 1.1; withdrawn in CSF 2.0 (incorporated into GV.RM-01, GV.RM-06, GV.RR-03).
This control maps to 3 controls across 1 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.
NIST-CSF-GV.RM-01 Risk management objectives are established and agreed to by organizational stakeholders
NIST-CSF-GV.RM-06 A standardized method for calculating, documenting, categorizing, and prioritizing cybersecurity risks is established and communicated
NIST-CSF-GV.RR-03 Adequate resources are allocated commensurate with the cybersecurity risk strategy, roles, responsibilities, and policies