GRC encompasses a set of principles, policies, and processes designed to ensure that organizations operate ethically, efficiently, and in compliance with applicable laws and regulations. It serves as a framework for establishing the right structure, controls, and oversight mechanisms to mitigate risks, maintain compliance, and achieve strategic objectives.
But, in the fast-paced world of cybersecurity, organizations face the daunting challenge of ensuring compliance with an ever-increasing number of regulations. Traditional methods of audits and assessments often fall short of providing a dynamic and efficient solution because they rely on manual processes, periodic evaluations, and point-in-time reports. As a result, it makes it inefficient to maintain real-time, continuous compliance that evolves with your business.
After all, the continuous nature of compliance is crucial for organizations to proactively identify and address potential compliance gaps, adapt to regulatory changes, and ensure a resilient and secure environment in the face of evolving risks.
In recent years, the "as a service" model has gained immense popularity, and for good reason. It offers both a bigger picture view of all your GRC work and functional enhancements such as cross-matching requirements across other compliance assessments. Avertium's GRC as a Service (GRCaaS) leverages this approach, addressing a long-standing complaint from consultants who receive static, point-in-time reports and PDFs. Instead, customers are now empowered with more dynamic data sets, allowing for real-time monitoring and analysis.
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Annual compliance assessments such as PCI and HIPAA have become a source of frustration for businesses. They serve an important purpose, yes, but as with so many regulations, they create a lot of hoops for companies to jump through. Most organizations just monitor or check-the-box when it comes to GRC because compliance has been a historically static, check-the-box kind of thing for most businesses. It’s done, then left on a shelf.
That being said, this led to 6 common complaints about GRC:
This is where continuous compliance comes in – with GRCaaS, businesses get real-time risk management, replacing outdated manual methods that lack efficiency and fail to detect interconnected risks. By utilizing hyper-automated tools and continuous control monitoring, organizations can proactively identify vulnerabilities and ensure compliance in the face of evolving challenges like the ones above.
GRCaaS revolutionizes the way businesses tackle GRC challenges, directly addressing the common complaints surrounding traditional approaches. It is designed to provide comprehensive, efficient, and valuable support to organizations seeking to navigate compliance requirements with ease.
Avertium’s GRCaaS offering was designed to make compliance more of a living, breathing thing by consistently monitoring the organization’s security posture and driving improvement to arrive at a compliance state that enables key business stakeholders to do what they need to do: get back to running their business.
Close the GRC loop with continuous compliance and avoid duplicative efforts and documentation burden: This one-stop shop supports both compliance and managed services, greatly simplifying the process of taking action based on GRC reports. By consolidating compliance and services, the information provided becomes more actionable. The risk register acts as a checklist, outlining areas of exposure and necessary mitigations for the foreseeable future. However, this is only the initial step. Avertium goes beyond by actively reviewing compliance, controls, and scans with clients, regardless of whether they have proper endpoint security monitoring in place.
A key component of Avertium's GRCaaS is the customer portal – built to offer centralized management and visibility of all things GRC in one place.
GRCaaS from Avertium drastically reduces the level of effort required to meet regulatory mandates. Our platform will provide your team with the ability to analyze data, create questionnaires and tasks for individual business units and providers, schedule interviews, and immediately integrate insights into a more comprehensive score. With Avertium’s GRC portal, you can measure the health of your security controls today and get ahead of compliance requirements tomorrow.
Avertium’s security experts take a consultative approach that goes beyond basic compliance to measure the health of your security program over time, enabling you to move away from static, ineffective, point-in-time compliance to a compliance posture that’s continuous, dynamic, and integrated into your business operations.
With GRC as a Service, compliance becomes a living, breathing roadmap that aligns closely with your larger business strategy.
GRC doesn’t have to be an annual fire drill. It can serve as a compass that helps businesses monitor contracts, decide on internal controls, build business continuity plans, plan cybersecurity investments, and more.
This is one step of many that Avertium is taking to help our customers be more proactive and more effective in the face of an ever-changing regulatory environment and the ever-evolving threat landscape.