IT GRC

Apart from managing growing cybersecurity threats, IT departments have to ensure compliance with several regulatory agencies, as well as standards bodies. The defined risks, the associated controls, the regulatory compliance requirements and the supporting documentation requirements are all inter-related.

GRC Training, Compliance Training, managing complex risk

Compliance with the laws and mandates requires a proper framework that manages this inter-relation. ComplyScore’s enterprise-wide IT GRC program helps organizations to drive controls to ensure that all risks are mitigated and all compliance requirements are met.

ComplyScore’s IT-GRC solution helps manage multiple processes and activities including policy management, asset tracking, risk assessments, control implementation, regulatory compliance and reporting, incident and threat management, vendor risk and performance management, business continuity planning, and ongoing IT auditing.

The “Three lines of defense Model” is a recognized best practice standard for managing IT Risk as well as Enterprise risk governance. ComplyScore is the offers practical solution that enables organizations to roll-out a “three lines of defense” based strategy with ease

FEATURES & BENEFITS

Easy Implementation

A pragmatic solution that is easy to implement and focuses on ensuring key controls are executed.

Integrated Framework

An integrated framework with focus on key control to integrate Policy, Risk , Compliance, Audit, and Incident Management.

Easy Risk Assessments

A fast and easy way for Risk Assessments. The solution is never bigger than the problem.

Compliant

Implement standard framework based program for frameworks like ISO 27001, COSO, NIST, and NESA.

Embed Supporting Documents

Attach supporting documents to a policy, that are essential to comprehension.

Single Repository

Centralized repository of all IT compliance requirements with associated controls.

Visibility

Provides clear visibility into key risk indicators, assessment results, and compliance initiatives with integrated reporting of self-assessments, manual assessments, and automated controls.

Action-oriented

Enables organizations to roll out the 'three lines of defense' strategy

CHALLENGES ADDRESSED

Most global organizations are faced with policy and procedure documents which can stretch into thousands of pages, covering all kinds whenever required.

Many organizations continue to store information regarding policies and procedures in dozens of thick, unwieldy binders. Sifting through this documentation could end up wasting valuable company time and resources.

With cybercrimes becoming increasingly sophisticated every day, all documentation must be given the necessary protection.

Organizations typically function in specialized silos and their policies and procedures are also employees’ or third parties’ compliance with these policies. This can also result in the unknowing duplication of policies and procedures across the enterprise and causes unnecessary spend.

Organizations are confronted with a growing plethora of compliance regulations, guidelines and standards, from FCPA, ISO 27001, AML, PCI-DSS, COBIT, NERC-CIP, EPA, HIPAA, OSHA, to SOX, RAC audits and Basel, each requiring separate policies and procedures. These policies have to be maintained for a number of years, in addition to other information such as privacy practices, notices and complaints dispositions. The result is hundreds of pages of documentation.

DESIGNED TO ADDRESS INDUSTRY NEEDS

Healthcare & Hospitals

Compliance status, statutory regulations, survey management
Hospitals and healthcare institutions can protect their valuable data with IT GRC.

Financial Services

Risk Assessments, Compliance Updates, Contract Management
Financial services institutions can create secure networks and monitor them through IT GRC.

Health Insurance

GRC for health insurance , managing multiple risks and regulatory changes
IT GRC helps health insurance companies to maintain confidential information and provide conditional access to the right entities.

Manufacturing

SOX, FCPA and Basel II, GRC for manufacturing Companies
Manufacturing companies use IT GRC to protect confidential company information and have a competitive edge over others.