Governance Risk & Compliance – How Does It Empower Cyber Security?

When it comes to GRC (Governance Risk & Compliance), it is directly linked to compliance and risk. However, it also has an essential link with cybersecurity. Before knowing how GRC and cybersecurity intersect, you first need to know what exactly GRC is and how does it work?

What is GRC (Governance Risk & Compliance)?

GRC is a combined approach towards governance, risk and compliance, helped by information technology. It combines these three factors as changing business dynamics and technologies require these three factors to be in sync. GRC security is an essential part of new regulations in which organisations want to keep their own and their client’s data secure. In such a situation, compliance becomes a vital part of governance. Every compliance and governance issue directly increases risk. In this way, organisations have started ensuring that governance, risk, and compliance are all processing in the same direction. Governance, risk, and compliance (GRC) refer to a strategy for controlling the overall governance, enterprise risk management and compliance with regulations of organisation. Think of GRC security as a structured approach to supporting IT with business objectives, while effectively managing risk and meeting compliance requirements. A well-planned GRC strategy comes with lots of benefits: improved decision-making, more optimal IT investments, reduction of silos.

How Does GRC Work?

Many organisations develop a GRC framework for the leadership and IT areas to ensure they support and enable the strategic objectives of the organisation. While there are many good software options available to help streamline GRC operations, Governance, Risk, and Compliance are more important than a set of software tools. Many organisations consult a framework for guidance in developing and refining their GRC functions rather than creating one from scratch. Frameworks and standards provide building blocks that organisations can customise to their environment. You can get in touch with an experienced consultancy for GRC security services in London.

How GRC And Cyber Security Intersect?

Since cybersecurity is such a vital factor in governance, there are many different areas where GRC security and cybersecurity intersect.

Data Privacy

When it comes to increasing the importance of GRC in cybersecurity, data privacy plays a vital role. Over the past few years, there have been wide regulations and new strategies applied all over the world for data privacy. The General Data Protection Regulation in the EU is the most notable such case, however, similar approaches are taking all over the world when it comes to IT security. You can hire reliable GRC security services in London. There have been many notable violations of privacy, and they have a great demand for better regulation and security. Introducing better data protection approaches is essential to governments, which means organisations must support more regulatory requirements for cybersecurity.

Risk

The link between cybersecurity and risk should not be ignored. Cybersecurity risks are a vital factor in the overall risk exposure of the organisation. If your organisation doesn’t have sophisticated data security in place, you will be unable to manage risk. Organisations risk losing customer trust and future business just because of these breaches. Heavy charges are also levied on the organisation by governments, and class action lawsuits are always a threat. If you want to protect the data of your organisation, you need to hire a reliable GRC security service in London.

The Latest Approach

When it comes to cybersecurity, the organisation needs a better approach. One solution is to understand the importance of Governance Risk & Compliance knowledge for people in charge of cybersecurity. Cybersecurity personnel in the financial industry are needed to know the legal and regulatory requirements of their organisation, and the same approach needs to extend to other industries as well. The role of the head of IT must be made more important. IT leaders need to be skilled and enlightened about legal and regulatory requirements as many of their tasks are now directly associated with risk and compliance. Simply training employees is not enough – they also need to be given the right tools for their new responsibility. GRC security is vital for organisations that are only now bringing together cybersecurity and GRC. The platform will make the transition into the new model smoother and will also support the employees. IT cybersecurity is too complex and too essential to be managed manually – it needs to be monitored and tracked automatically to ensure nothing is wrong. Cybersecurity attacks get more sophisticated with every passing day. These are attacks currently possible which can’t be stopped by any firewall or antivirus software. The right approach towards cybersecurity is the only thing that can stop such attacks. GRC security makes the whole business process more secure. Antivirus software and firewalls can grab the viruses and attacks that are coming in through vulnerabilities in the IT infrastructure, but the GRC security service in London can reduce these vulnerabilities altogether. If you need reliable GRC security services in London, contact Assured GRC for consultancy! Our success is based on every one of our consultant’s reputation and client satisfaction over many years. We have a dedicated team of professional consultants who have many years of experience in delivering quality GRC security service. For more information about GRC security, you can contact us at +44 (0)203 4759 932 or management@assuredgrc.com today!

Important Facts You Need To Know About GDPR?

GDPR regulates just about every piece of information or data you collect from the users, customers, and anyone else who get in touch with your website or business. GDPR might be a new term for you, but data privacy & protection regulations are surely not. At Assured-GRC, our excellent team of data protection and GDPR consultants offer new-age, practical, and useful solutions for all your GDPR, privacy, and cybersecurity challenges. Regardless of your organization size and module, our solutions are regulated and endorsed by a Fellow of Information Privacy and completely safeguarded, giving you the consolation that you are in the best hands and leaving you allowed to concentrate on your core business activities. Our GDPR execution specialist encourages you to keep your business lined up with the new GDPR compliance. Our teams advise on how you can manage, protect, and process the personal data of both the customers and staff line with the organization’s legal and regulatory obligations. Some of the Critical Privacy and Data Protection Requirements of the GDPR are: • Requiring the consent of subjects for information processing • Giving notification about data breaching • Anonymizing gathered information to ensure protection • Securely taking care of the infomation exchange across borders • Requiring specific organizations to name an information security officer to supervise GDPR compliance Whether you require an answer for a particular challenge or need assistance with your start to finish the compliance process, we have the tailor-made solution for your organization. We are well-known as a GDPR and Privacy Services Consultancy in London. We have been working in information security for more than 20 years and have encountered information protection advisors; industry demonstrated systems and has upheld various associations and enterprises in complying with applicable privacy requirements. We have people with driving security experience and certifications like Chartered Information Privacy Professional / Europe (CIPP/E), Chartered Information Privacy Technologist (CIPT), etc. You Can Trust Assured –GRC as Your GDPR Compliance Solution Provider to Get Relieved from the Issues Like:

Web analytics:

As web analytics collects all the data and analyze the user information to understand your website, sometimes things flip dangerous while browsing information through this tracking gets in mischievous hands. In that case, you need to keep informed and specific consent from the end-user. This is where our GDPR specialist comes into play and helps you tackle it correctly.

Third-Party Widgets:

The third-party widgets are added by the website owners in the interest of serving the audience best or adding new functionality to the site. This identification is enforced to come up with the user profile, and it’s lined beneath GDPR. To get an excellent solution for such issues, feel free to avail our GDPR and Privacy Services Consultancy in London. You can reach us at +44 (0)203 4759 932 or management@assuredgrc.com to contact our team of knowledgeable and skilled consultants. Our team has 15+ years of expertise in delivering quality assignments to the clients.