This article discusses the importance of Cyber Security Framework (CSF) and its three components - Implementation Tiers, Framework Core, and Profiles. It also explains the key stakeholders in the implementation process and the four tiers of the framework. The CSF provides a common language and methodology to manage cybersecurity risks and has become crucial in the dynamic threat environment. The implementation tiers reduce the level of risks for organizations, and the framework core consists of five functions that can be used for other risk management as well. The profiles are unique alignments of organizations that identify objectives and requirements. The key stakeholders in the implementation process are government and private entities. The four tiers of the framework range from Partial to Adaptive and describe the rigor degree that is increasing. Management should care about the framework as it reduces cybersecurity risks and provides a risk-free environment for the organization.