Standards Comparison

    NIST CSF

    Voluntary
    2024

    Voluntary framework for cybersecurity risk management

    VS

    ISO 14064

    Voluntary
    2018

    International standard for GHG quantification, reporting, verification

    Quick Verdict

    NIST CSF provides voluntary cybersecurity risk management for all organizations, while ISO 14064 offers GHG quantification and verification standards. Companies adopt NIST CSF for cyber resilience and ISO 14064 for credible emissions reporting and compliance.

    Cybersecurity

    NIST CSF

    NIST Cybersecurity Framework 2.0

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    6-12 months

    Key Features

    • Six core functions including new Govern pillar
    • Four Implementation Tiers for maturity assessment
    • Current and Target Profiles for gap analysis
    • Voluntary flexible risk-based non-prescriptive approach
    • Mappings to standards like ISO 27001 CIS Controls
    Greenhouse Gas Accounting

    ISO 14064

    ISO 14064 GHG emissions quantification standards

    Cost
    €€€
    Complexity
    High
    Implementation Time
    6-12 months

    Key Features

    • Three-part framework: inventories, projects, verification
    • Five principles: relevance, completeness, consistency, transparency, accuracy
    • Scopes 1-3 emissions and boundary setting
    • Baseline scenarios and additionality for projects
    • Risk-based third-party assurance processes

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    NIST CSF Details

    What It Is

    NIST Cybersecurity Framework 2.0 (CSF 2.0) is a voluntary, risk-based guideline for managing cybersecurity risks. Developed by NIST, it provides organizations a flexible structure to identify, protect, detect, respond, recover, and govern cyber risks across any size or sector. Its non-prescriptive approach emphasizes outcomes over specific controls, enabling adaptation to business needs.

    Key Components

    • **Six Core FunctionsGovern (new), Identify, Protect, Detect, Respond, Recover.
    • **Categories and Subcategories22 categories, 112 subcategories with informative references to standards like ISO 27001, NIST 800-53.
    • **Implementation TiersPartial to Adaptive for maturity assessment.
    • **ProfilesCurrent vs. Target for prioritization. No formal certification; self-attestation used.

    Why Organizations Use It

    Enhances risk communication, supports compliance (mandatory for U.S. federal), reduces threats via prioritization, builds stakeholder trust, aligns with enterprise risk management, and offers cost-effective improvements without replacing existing programs.

    Implementation Overview

    Start with current profile assessment, gap analysis to target, tier evaluation. Applies universally; quick starts for SMEs, tooling for enterprises. Involves policy development, training, monitoring; no audits required but supports third-party validation.

    ISO 14064 Details

    What It Is

    ISO 14064 is an international standard family (ISO 14064-1:2018, -2:2019, -3:2019) providing specifications with guidance for quantifying, reporting, and verifying greenhouse gas (GHG) emissions and removals. It is a modular framework for organizational inventories (Part 1), project-level reductions (Part 2), and validation/verification (Part 3), emphasizing principle-based approaches like relevance and transparency.

    Key Components

    • Three interdependent parts covering measurement, projects, and assurance
    • Five core principles: relevance, completeness, consistency, transparency, accuracy
    • Scopes 1-3 emissions classification, boundary setting, uncertainty management
    • Third-party verification model under ISO 14064-3, aligned with ISO 14065

    Why Organizations Use It

    • Enables regulatory compliance (e.g., CSRD, SB-253), investor trust, carbon markets
    • Drives operational efficiencies, Scope 3 hotspot identification, decarbonization
    • Mitigates greenwashing risks via independent assurance
    • Boosts competitiveness in procurement, green finance

    Implementation Overview

    • Phased: governance, boundary design, data systems, verification, improvement
    • Applies to all sizes/industries; mid-large firms need 6-12 months
    • Optional third-party verification enhances credibility (limited/reasonable assurance)

    Key Differences

    Scope

    NIST CSF
    Cybersecurity risk management lifecycle
    ISO 14064
    GHG emissions quantification and verification

    Industry

    NIST CSF
    All sectors worldwide, any size
    ISO 14064
    All sectors with GHG footprints globally

    Nature

    NIST CSF
    Voluntary flexible framework
    ISO 14064
    International standard family, voluntary

    Testing

    NIST CSF
    Self-assessment via Profiles and Tiers
    ISO 14064
    Third-party validation/verification optional

    Penalties

    NIST CSF
    No legal penalties, reputational risk
    ISO 14064
    No direct penalties, compliance risks

    Frequently Asked Questions

    Common questions about NIST CSF and ISO 14064

    NIST CSF FAQ

    ISO 14064 FAQ

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