Your GRC Journey in Five Important Steps

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GRC process analysis also involves ranking and prioritizing use cases, determining dependencies, and building a reasonable investment analysis that can be used to make decisions on where to start. Beyond the basic IT GRC-use cases for IT and security policy management, controls testing, and assessments for apps, systems, facilities and vendors, the IT team absolutely needs to be proactively engaged in mapping out the GRC technology eco-system and architecture. This eco-system and architecture should be designed keeping in mind the context of today’s global, virtual, mobile eco-system, integrating IT and security systems for continuous controls monitoring, and considering the various challenges that may arise in a hybrid cloud environment.

Governance, risk, and compliance (GRC) as a means to reduce process redundancy, deliver risk intelligence, and improve business performance has captured the attention of leadership teams across the enterprise. GRC is also now embracing IT and security teams, often catching them unprepared to champion their unique requirements.

So, what’s the impact of GRC in terms of how we manage IT and security programs? The impact can be significant according to Yo Delmar, vice president of GRC Solutions, MetricStream; a GRC program can bring great benefits, or major woes, if not approached with the right goals clearly in sight. IT and security teams need to be actively engaged at the table, collaboratively shaping the GRC program scope in order to create real value.

 

Related Topics : Vulnerabilities and Patches, Resellers, Broadcom, Broadband Services, Supercomputing

 
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