AI-Enhanced Multi-Criteria Decision Support for Cybersecurity Risk Framework Selection: A Machine Learning Comparative Analysis of NIST CSF, ISO 27001, FAIR, OCTAVE and CRAMM

Abstract

As organizations lean more heavily on their IT systems, managing cyber risk is gaining increasing importance. Organizations are often challenged to determine which cybersecurity risk framework they should adopt. Choosing the right framework can have a significant impact on the quality of governance, operational resilience, and assurance in risk reporting. However, most prevalent cybersecurity risk frameworks vary significantly in their intent, design, and analytical approach. This makes it difficult for organizations to understand how each framework may meet their business needs. This study presents an AI-enhanced multi-criteria decision support approach for evaluating cybersecurity risk frameworks. The model incorporates machine learning-driven risk scoring as a conceptual input layer, enhancing the objectivity and analytical rigor of the comparison without executing new predictive algorithms. The methodology includes a hybrid approach of literature review, document analysis, and multi-criteria decision analysis (MCDA) to compare and rank NIST CSF, ISO 27001, FAIR, OCTAVE, and CRAMM based on eight criteria that are designed to represent modern requirements for risk frameworks, including governance, scalability, quantitative focus, and interoperability. These criteria also reflect differences in security metrics supported by each framework to provide an organized means to compare qualitative versus quantitative measurement methodologies. The results indicate that NIST CSF performs the best overall in agility, business alignment, and interoperability. ISO 27001 outperforms all others in established governance and compliance. FAIR outperforms all others in quantitative risk analysis and provides superior analytical depth that other frameworks do not offer. OCTAVE and CRAMM function well in legacy systems but lack scalability and are not well-suited for modern distributed systems. Robustness analysis shows that the ranking of NIST CSF, ISO 27001, and FAIR is consistent under different weighting combinations and industry types. The result of this research demonstrates that a combined or hybrid approach to cybersecurity risk framework selection, such as using NIST CSF with FAIR, can give organizations a more well-rounded foundation for applying machine learning-enabled risk analytics with cyber controls. This research also offers a reusable decision support tool that organizations can leverage when aligning their risk priorities to the features of cybersecurity risk frameworks.