Making sense of Governance, Risk, & Compliance (GRC)
The foundation of a good Information Security Management System (ISMS) begins with a repeatable process amongst security governance, risk management, and compliance (GRC). GRC has been under attack by many as something that has been proven to fail, but VerSprite contends this to be a product of too much reliance on solution sets for GRC-out-of-the-box solutions versus a GRC framework built around repeatable processes. Make no mistake - tools are critical managing the ocean of information around GRC, however, it shouldn't drive GRC efforts in your organization, but rather sustain them. From the foundational aspect that governance provides, risk management reviews and evaluates where potential cracks may be along the foundation and within the organizational structure. These issues, correlated and communicated to the business in the form of relatable business risk, leaders are now empowered to decide how to proceed. External regulatory forces may also force added preassure in risk remediation, therefore, negating the role of compliance would be both imprudent and potentially negligent from a business perspective. Understanding how to manage this three headed beast into a docile watchdog that buoys the business enterprise in lieu of acting as an anchor to its forward progress.
Learn more how VerSprite helps you navigate GRC below: