Which function in the NIST Cybersecurity Framework involves analyzing cybersecurity risks?

The correct choice focuses on the Identify (ID) function within the NIST Cybersecurity Framework. This function is dedicated to understanding the organization’s cybersecurity risk environment, which includes identifying assets, vulnerabilities, and threats.

The Identify function involves a comprehensive overview of the organization's risks by conducting risk assessments to understand potential impacts on systems and operations. This assessment helps in establishing a cybersecurity posture that can prevent, detect, respond to, and recover from cybersecurity incidents effectively.

While the Protect, Respond, and Recover functions are crucial parts of a comprehensive cybersecurity strategy, their primary roles focus on implementing safeguards, managing responses to incidents, and recovering from incidents, respectively. Protect emphasizes measures to defend against risks, Respond focuses on how to handle incidents when they occur, and Recover outlines processes for restoring capabilities and services that were impaired during an incident. Consequently, the critical analysis and understanding of risks are foundational actions that are primarily covered under the Identify function.