Governance | Risk | Compliance

Many organizations are recognizing the importance of implementing some form of a Governance, Risk, Compliance (GRC) program but find it difficult to understand implement in a practical way. Often it is an afterthought when changing a process or implementing a technology system.  At Securance, our approach to GRC is designed around a framework of controls and leverages the organization's existing IT assets to automate and monitor compliance. 

Our GRC methodology is summarized as follows:

Governance
Select a framework that provides guidance related to internal control systems.  This includes Business (financial and operational) and Technology risks.

Risk Assessment
Perform a comprehensive risk assessment.  All organizations have resource limitations...making the objective of our risk assessment to identify and prioritize all risks so that management can allocate its resources to the highest risks.

For Risk Assessment details click here.

Compliance
Compliance efforts are multi-purposed and cross-referenced as illustrated.

To learn more about Securance and our approach to GRC or your organization's status on the GRC | IT Maturity Model please contact us.