Cyber Risk Assessment - NIST CSF 2.0 Assessment
The NIST Cybersecurity Framework 2.0 is a voluntary, sector-agnostic structure for describing and improving cybersecurity posture. NOXMON assesses your program across all six CSF 2.0 functions, then uses RISKMON to quantify the gap between your current and target profiles in financial terms.
A Framework for Any Organization
Released in 2024, CSF 2.0 broadened the framework beyond critical infrastructure to organizations of every size and sector. Its headline change is the addition of GOVERN as a sixth function, elevating cybersecurity from a technical concern to a governance and enterprise-risk responsibility that wraps around the other five functions.
Because CSF is voluntary and outcome-based, it adapts to your business rather than forcing your business to adapt to a checklist. NOXMON evaluates the cybersecurity outcomes you are achieving today, defines the target state your risk appetite demands, and builds a prioritized path between the two.
Crucially, we do not leave the gap as a qualitative rating. Using FAIR-based modeling in RISKMON, we translate the distance between your current and target profiles into quantified financial exposure—so leadership can fund the improvements that reduce the most risk per dollar.
The Six CSF 2.0 Functions
Govern
The new core of CSF 2.0. Establishes and monitors cybersecurity risk strategy, roles, policy, and oversight—aligning security to organizational context and risk appetite.
Identify
Understands assets, suppliers, data flows, and the risks to systems, people, and capabilities that the program must manage.
Protect
Implements safeguards—identity and access, awareness, data security, and resilient technology—to limit or contain the impact of events.
Detect
Finds and analyzes possible cybersecurity attacks and compromises through continuous monitoring and event analysis.
Respond
Takes action on detected incidents—response management, analysis, mitigation, and communication—to contain damage.
Recover
Restores assets and operations affected by an incident and communicates throughout recovery to return to normal.
Tiers and Profiles
Implementation Tiers
Tiers describe the rigor and maturity of your cybersecurity risk governance and management practices, from informal and reactive to adaptive and risk-informed.
- Tier 1: Partial. Ad hoc, reactive risk management with limited awareness across the organization.
- Tier 2: Risk Informed. Risk management practices are approved but may not be established organization-wide.
- Tier 3: Repeatable. Formally defined, consistently applied practices updated as risk and business change.
- Tier 4: Adaptive. Continuous improvement, with cybersecurity risk integrated into enterprise decision-making.
Current vs. Target Profiles
Profiles capture the outcomes you are achieving against the framework. The gap between them defines your roadmap.
- Current Profile. The cybersecurity outcomes your organization is achieving right now across all six functions.
- Target Profile. The outcomes you need given your mission, risk appetite, and threat environment.
- Gap Analysis. The prioritized differences between current and target that drive investment decisions.
- Quantified Roadmap. RISKMON expresses each gap as financial exposure so remediation is funded by risk reduction.
How RISKMON Quantifies the Profile Gap
A maturity score tells leadership that a function is "weak." It does not tell them what that weakness could cost. NOXMON closes that gap with RISKMON, our proprietary cyber risk quantification platform.
RISKMON applies FAIR-based modeling to each shortfall between your current and target profiles, expressing it as probable financial loss. The same control evidence is mapped across overlapping frameworks, so a CSF 2.0 assessment can reuse evidence you have already gathered for other obligations rather than duplicating effort.
The platform then tracks findings, POA&M items, and remediation to closure, and keeps monitoring your posture 24x7 through executive and board dashboards. NOXMON itself uses RISKMON to monitor its own clients continuously—so your assessment becomes a living program, not a point-in-time report.
What You Receive
- Current Profile Assessment. A function-by-function evaluation of the outcomes you are achieving today across all six CSF 2.0 functions.
- Target Profile Definition. A risk-appetite-aligned target state developed with your leadership.
- Quantified Gap Analysis. Each gap modeled as financial exposure in RISKMON to prioritize investment.
- Prioritized Roadmap. A risk-ranked remediation plan with owners, evidence, and timelines.
- Executive & Board Reporting. Dashboards that translate cybersecurity posture into business language.
- Continuous Monitoring. 24x7 monitoring and reassessment so your profile stays current.
"NOXMON gave our board something they had never had before: a dollar figure on the gap between where our cybersecurity program was and where it needed to be. CSF 2.0 gave us the structure, and RISKMON turned it into a funding decision everyone could understand."
Related Insights
NIST CSF 2.0: Building a Quantified Cyber Risk Assessment
A practical walkthrough of running a CSF 2.0 assessment and quantifying the gap between current and target profiles.
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