Cybersecurity Governance, Risk, and Compliance before GRC

Modern Times, Modern Solutions.

The idea of Governance, Risk Management, and Compliance (GRC) has been fundamentally integrated into the idea of how a business should be run for centuries. While it hadn’t been officially acknowledged as a solution with a name, it was implemented on every level across every business. Any policy, government law, regulation, company code of conduct, and business risk fits into the umbrella of a GRC framework, even if it was never referred to as such. As technologies and the size of the market grew, the need to have GRC as a tool in the marketplace was introduced in 2002 by Forrester in the wake of multiple disasters that rocked the foundation of the world as we knew it. After 2002, GRC systems became a consumable utility in the marketplace. But as regulatory requirements changed and the need to operate businesses grew, the time needed to analyze data in GRC software grew with it. This trend has only caused frustration among cybersecurity professionals and compliance teams working with GRC solutions as a means to scale and operate their security efforts.

Additionally, legacy GRC tools do not operate interchangeably, limiting visibility across lines of business, meaning everything is segmented, further costing resources and increasing the likelihood of errors over time when using a GRC tool. These headaches often result in security.

The implementation of a GRC tool can be a complex and challenging process, but with Maverick, you are safe and secure. We considers several important factors while providing Governance, risk, and compliance (GRC) tool implementation:

• The size and complexity of the organization
• The specific GRC requirements of the organization
• The capabilities of the GRC tool
• The resources available to the organization.

Our Approach

We follow a step-by-step implementation process: 

1. Planning: The first step is to plan the implementation. This includes identifying the goals of the implementation, defining the scope of the implementation, and developing a project plan.
2. Selection: The next step is to select the GRC tool. This involves evaluating different tools and selecting the one that best meets the needs of the organization.
3. Configuration: Once the GRC tool has been selected, it needs to be configured. This involves setting up the tool to meet the specific needs of the organization.
4. Training: The next step is to train the users of the GRC tool. This includes training on how to use the tool and how to manage the GRC activities.
5. Deployment: Once the GRC tool has been configured and the users have been trained, it can be deployed. This involves making the tool available to the users and starting to use it for GRC activities.
6. Monitoring: The final step is to monitor the implementation. This involves tracking he effectiveness of the implementation and adjusting as needed.

With Maverick Consulting, you get the best ROI and improve your governance, risk, and compliance posture.