A Guide to Comprehensive Risk and Compliance Management
Businesses face increasing demands for risk management, regulatory compliance, and network security. Two powerful solutions—GRC platforms and MSSPs—can support organizations in navigating these requirements effectively. Here’s how each solution contributes to a secure and compliant organization.
A GRC (Governance, Risk, and Compliance) platform is a software application designed to centralize and simplify compliance and risk management efforts. It provides businesses with a structured approach to align their governance objectives, manage risks, and meet regulatory requirements across various departments, from cybersecurity to financial reporting and legal compliance.
Managing Policies
Assessing Risk
Controlling User Access
Streamlining Compliance
An MSSP (Managed Security Service Provider) is a third-party organization that provides specialized network security services to businesses. For organizations looking to offload the complexity of managing security in-house, MSSPs offer a cost-effective, scalable solution that includes proactive monitoring, incident response, and more.
Alleviating Strain on IT Teams
Freeing Up Resources to Expand Operations
Automating Cybersecurity Risk Assessments
While a GRC platform provides a framework for comprehensive risk and compliance management, an MSSP enhances cybersecurity by actively managing and mitigating threats. Together, these solutions create a robust security and compliance ecosystem, combining proactive governance and risk control with responsive, managed security services.
Whether you’re looking to strengthen compliance, manage cybersecurity risks, or alleviate the pressure on your IT team, a combined GRC and MSSP approach can deliver complete and effective risk management.
Discover how Risk Cognizance’s GRC platform and MSSP partnerships can support your organization’s goals. Contact us to learn more!