The acronym 'NIST' stands for National Institute of Standards and Technology. In the context of cybersecurity, NIST develops frameworks, guidelines, and standards designed to improve the security of information systems. The organization provides a comprehensive Cybersecurity Framework that helps organizations to identify, assess, and manage cybersecurity risks effectively. These standards are widely recognized and adopted across various industries, offering best practices for improving security postures. By adhering to NIST guidelines, organizations can better protect sensitive information and strengthen their overall security measures against evolving cyber threats.