How to Construct a Sustainable GRC Program in 8 Steps
It can be costly trying to keep up with your compliance-related costs amidst evolving business, regulatory, and customer demands. This is why it's important to build a sustainable program focused on the following elements:
- Governance, which encapsulates processes for making decisions about risk and managing risk to a degree that is acceptable to your organization and that aligns with your mission and goals;
- Risk, which underpins your efforts to address uncertainty through identifying, categorizing, assessing, and enacting strategies; and
- Compliance, which consists of your organization's work to demonstrate integrity and a level of adherence to standards, laws, regulations, and best practices.
This guide walks you through the process of setting up a sustainable governance, risk, and compliance (GRC) program. It also demonstrates how a CIS SecureSuite® Membership can help along the way.