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