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You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.By Hogan Lovells
Emerging technologies, such as cloud computing and the “smart city,” have the potential to greatly advance our quality of life. The use, retention, and storage of data that go along with them, however, have raised citizen concerns about privacy risks. The National Institute of Standards and Technology (“NIST”) addresses these concerns in a new draft report titled Privacy Risk Management for Federal Information Systems (NISTIR 8062), which was released on May 29, 2015. The report introduces NIST’s Privacy Risk Management Framework (“PRMF”), which anticipates and addresses privacy risk resulting from the processing of personal information. NIST intends that the framework will lay the foundation for establishing a common vocabulary that facilitates better understanding of (and communication about) privacy risks and how to effectively implement privacy principles. Although the report is directed at federal systems, the principles outlined may be useful for any business that processes personal information. The NIST report focuses on the development of two key pillars of the PRMF: privacy engineering objectives and a Privacy Risk Model.
Read the complete article at: NIST Releases Draft Privacy Risk Management Framework