A more thorough explanation:

NIST

NIST stands for National Institute of Standards and Technology. It is a government agency that works to promote innovation and industrial competitiveness by developing and applying technology, measurements, and standards.

One example of NIST's work is the development of the Advanced Encryption Standard (AES), which is used to protect sensitive information such as financial transactions and personal data. Another example is the creation of the NIST Cybersecurity Framework, which provides guidelines for organizations to manage and reduce cybersecurity risks.

These examples illustrate how NIST works to improve technology and security in various industries. By developing standards and guidelines, NIST helps to ensure that products and services are reliable, secure, and interoperable.