Why it is important to prioritize GRC in cybersecurity programs?

1. Why it is important to prioritize GRC in cybersecurity programs? Governance risk and compliance (GRC) is a critical investment for any enterprise’s long term success and growth. Proper risk management, compliance and governance help to enhance your control, profitability and ensure to meet your legal obligations. For more information visit: https://governancerisk- compliance.com/information-security-governance-and-risk- management/ GRC starts with assessing the risks and cascades down it from there. It has become an essential part of the long-term business planning. When it comes to cybersecurity, GRC is a second thought. However, its importance should never be underestimated. Considering a focused GRC program allows enterprises to meet their compliance and security objectives. For more information visit: https://governancerisk-compliance.com/ How GRC is important for cybersecurity programs? Cybersecurity as a whole is made up of three components including people, processes and technology. Out of all these components, we focus on technology the most and it is arguably the simplest element to enact. However, it is important for all the businesses to consider all three elements or components to successfully reach their security

2. goals. To achieve this, an effective cybersecurity governance risk and compliance program is crucial. This ensures that a holistic view has been taken while tackling the daunting mission of cybersecurity. Automation helps make optimal use of cybersecurity professionals’ expertise, time and efforts. And, the comprehensive GRC platform helps to support such strategies by centralizing and correlating information security data, analyzing and prioritizing the IT risks, integrating policies and standards along with automating the security related processes to protect the organization. Effective GRC software allows IT professionals to spend less time on performing manual tasks and more time on building a holistic security and risk management solutions which will give value to business. Cybersecurity processes involve analyzing volumes of data and GRC risk solutions helps businesses to collect and correlate all this data. The best GRC platforms and tools enable businesses to mature their cybersecurity capabilities. Prioritizing GRC in your business With choosing an effective GRC platform or tool, it is impossible for organizations to create a strong cybersecurity strategy. It is vital for businesses to put it in front if they wish to meet information security and risk management. The GRC team in an organization or GRC

3. software mitigates risks including regulatory non-compliance and ineffective treatment of cybersecurity risk. GRC risk solutions help manage vendor and third party risks by managing contracts, assessing risks and tracking performance of vendor. The link between risks and cybersecurity should never be ignored as an organization which doesn’t have sophisticated data security measures will not be able to manage risks. Using GRC platform is a better approach when it comes to cybersecurity to know the legal and regulatory requirements of an organization. Cybersecurity governance risk and compliance makes the business processes more secure. Some of the key features of using GRC platforms include: •Built-in security related processes •Libraries for risks, control and metrics •Advanced access control •Workflows •Email notification •Dashboards and reporting If your organization has not already adopted GRC, it’s time to consider using GRC tools to manage information security governance risks and compliance management. Managing all this is a challenging task

4. further impaired by lack of resources. And, GRC platform fill this gap and makes the best use of limited resources.