How GRC software empowers the cyber security?

1. How GRC software empowers the cyber security? GRC stands for Governance, Risk management and Compliance, but it means much more than these three. GRC is a combined approach aided by information technology and it has become a hot topic in business and IT sector. For more information visit: https://governancerisk- compliance.com/governance-risk-and-compliance-software-solutions/ IT governance risk management and compliance is a growing area of information security. Information security is an important part of the new regulations in an organization as they require framework to keep their own and client’s data safe and secured. For more information visit: https://governancerisk- compliance.com/cyber-security-governance-risk-and-compliance/ The GRC approach to IT security A well-planned GRC strategy supported with the GRC software enables several benefits including improved decision making, increased collaboration, increase accountability and higher quality information, increased efficiency, reduced fragmentation, protected reputation and much more. Cyber security is one of the key domains of GRC and has become an important factor in governance. GRC utilizes approaching several security activities in a matured way. With a well-planned and executed GRC strategy the below security domains can be managed with increased automation, integration and simplification: •Information security risk management

2. •Organizational and asset management •Audit management •Privacy management •Compliance management •Metrics management •Issues management •Policy management GRC software platform exploit best practice security processes to improve the cyber security process of an organization. The main features of GRC platform for an organization’s IT security involve: •Built-in security related processes •Libraries for risks and controls •Advanced access control •Email notifications •Pre-loaded policies •Automated campaigns •Scheduled report distribution •Discussion forms How GRC and cyber security are interconnected? Cyber security is an important part of any organization and here are many different areas where GRC and IT security are interconnected:

3. 1.Data privacy: This is the main driver in increasing the importance of information security governance risk and compliance. Over the past few years, new regulations and strategies are applied all over the world for data privacy of organizations. Better data protection is introduced and thus it is important for organization to implement GRC for more regulatory requirements for cyber security. 2.Risk: The link between risks and IT security can never be ignored. Any organization that doesn’t have sophisticated security measures, they will be unable to manage risks. Implementing IT GRC software is beneficial to calculate such risks. Today, organizations need a better approach when it comes to IT security and one solution to all this is to understand the importance of GRC. The cyber security personnel must know the legal and regulatory requirements of their organizations. The role of IT head is to more prominent and they need to be educated on GRC. They should understand why GRC software is important as many of their tasks are directory associated with risk and compliance. A GRC cyber security platform is important as it will make the transition smoother. Cyber security attacks have become more sophisticated and these attacks can’t be stopped by a firewall or antivirus software. Cyber security or IT security governance risk and compliance platform makes the whole business process smoother and secured. If you want to see what a GRC platform or software can do for your organization, get in touch with the right service provider.