The NIST Risk Management Framework (RMF) is a structured process that integrates security, privacy, and cyber supply chain risk management activities into the system development life cycle (SDLC). It provides a disciplined and structured process that integrates information security and risk management activities into the SDLC. The RMF is designed to help organizations manage the security of their information systems by guiding them through a step-by-step process that includes categorizing information systems, selecting and implementing appropriate security controls, assessing the effectiveness of the controls, authorizing information system operation, and continuously monitoring the security state of the system.
References:
* NIST Special Publication 800-37, Guide for Applying the Risk Management Framework to Federal Information Systems: A Security Life Cycle Approach1.
* NIST Special Publication 800-64, Revision 2, Security Considerations in the System Development Life Cycle2.
* NIST's official website on the Risk Management Framework (RMF)3.