GRC collectively means how you manage your organization’s overall governance, enterprise risk management and compliance with regulations. Through a GRC platform, we can help you adopt a programmatic approach towards risk management. It’ll optimize your risk mitigation measures and rationalize its costs. The risks of your enterprise will be identified, managed, monitored, and reported well before they materialize into losses.
Are your reports and risk intelligence not helping your executive and board-level decisions?
You need to have a fully-integrated approach to risk management through
an enterprise Governance, Risk, and Compliance (GRC) platform!
Benefits of Governance, Risk, and Compliance (GRC) platform
Risks of your enterprise will be identified, managed, monitored, and reported well before they materialize into losses.
An integrated approach helps to keep your costs low
Staff can spend less time on admin
Senior management can spend more time driving growth instead of worrying about compliance and data security.
1: Define what matters. Protecting data? Complying with specific government legislation? Keeping insurance costs low or reducing the amount of time spent doing admin work?
2: Identify your risks. It might help to borrow an extra pair of eyes to review your security. Find out how easy – or not – it is to breach your current processes and systems.
3: Design a plan. Put together a plan that brings together the people who interact with security on different levels (e.g., lines of business, HR, finance, physical security, legal, business continuity, IT and of course information security), so that it covers every aspect of your business. Ensure this plan follows the key legislations so that you are fully compliant.
4: Start small, focusing on key processes. Creating a GRC roadmap isn’t easy. It does take time. Implementing a complex project can cause organizational fatigue, strain operations, and resources. Starting small and securing a comfortable win is a great way to motivate your team. The essential starting processes includes policy framework, controls framework (begin with an industry-standard such as ISO27001 or NIST 800-53), risk management, exceptions management, and asset management. Building on these wins at different stages shall provide the building blocks for a complete rollout of an automated GRC system.
5: Create a system for continuous monitoring. GRC automation should move your organization towards a proactive approach, instead of relying on reactive models. A threat only remains a threat when it can be detected. Once a breach has happened, you are playing damage control. Constant automated vigilance is a lower price to pay than fines, damaged reputation, and lost customers.
Why engage Connectis?
- We help organizations deploy GRC technology to automate the management of their GRC program and provide a centralized view of risks and threats to help mitigate them. We have established a strategic partnership with leading security governance organizations as an enhancement of our service offerings.
- With an experienced team, our cyber security experts have unique capabilities that help clients map their GRC automation efforts to their business needs. We enable clients to ascertain that their risks are adequately managed, build confidence in business decisions, and improve productivity while meeting regulatory requirements.