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Securing IT assets against widely prevalent incidents such as data and identity threats and other security breaches has become a top priority for businesses. The advent of the cloud, advanced mobile technologies, and other complex infrastructures has also dissolved traditional network parameters and increased the bottlenecks in information security. As security technology architectures become more complex, there is a greater need to correlate information in real time and separate the wheat from the chaff i.e., the real risks from the simple threats. The need of the hour is an enterprise-wide, consolidated, and integrated approach to Governance, Risk, and Compliance (GRC) and internal controls.
The roadmap to stronger IT security must lay out a centralized governance strategy and a consolidated risk and controls framework. Organizations also need to have foresight while performing regular risk assessments and the internal security teams need to proactively participate in these exercises. In addition, security methodologies and controls processes must be evaluated for their maturity and effectiveness. Organizations can overcome the hurdles in the cloud by accurately determining CSP controls, and fixing the scope of responsibility.
See Also: Top GRC Tech Companies
New processes have to be devised to deal with new risks such as application sprawl and the spread of complex and often inter-related technologies across the enterprise. A coherent risk and control framework facilitates a common issue management and remediation process and can be achieved by leveraging a GRC platform, which will help organizations stay ahead of the risks.
An advanced GRC platform can enable organizations to drive these risks and control processes, with a bird’s eye view of compliance. It helps eliminate organizational silos, facilitates integration and collaboration, and offers a unified view of the enterprise and IT risks. Organizations can thus fortify their IT infrastructure more efficiently and effectively.
