GOVERNANCE, RISK AND COMPLIANCE (GRC): What You need to Know
What is GRC?
GRC stands for Governance¸ Risk and Compliance, and it refers to an organization’s strategy to structure governance, risk management and regulatory and company compliance. It Aligns IT goals with business objectives and at the same time manage cyber threats and achieve regulatory compliance.
GRC Concepts
Governance
- Identifying Compliance Requirements
- Strategy Management
- Policy management
- Corporate Management
Mitigate Risk
- Mitigation
- Risk Assessment
- Identify security threats and risks
- Authorize Systems
Compliance
- Implement security measures and protocol
- Monitor Compliance
- Constant Self-Assessment
Roles in GRC
1. GRC Consultan
2. GRC Analyst
3. IT Risk Management
4. Awareness Officer
5. Compliance Management
6. Audit Management
7. Policy Management
8. Supply Chain Management
How Can I Get a Job in GRC?
1. Acquire knowledge, Start from the Basics
2. Education/Qualifications
Degrees in any of this Fields
• Cybersecurity
• Business
• Computer Science
• Legal
• Info Technology
Any of this Certifications
• CompTIA Sec+
• CRISC
• PMP
• CISA
• CISSP
• CIMP
• CEH
3. Understanding of ISO 27001, PCI DSS, ITIL, COBIT Standards
4. Networking Skills
5. Improve Your Documenting Skills
6. Strong Analytical Skills
7. Excellent Communications Skills
8. Be Flexible
Industries that Benefit the Most from GRC
• Finance
• Healthcare
• Pharmaceuticals
• Manufacturing
• Engineering
• Government Organizations
GRC Tools
• MetricStream
• RSA Archer
• Oracle
• StandardFusion
• SAI Global Compliance 360
• ServiceNow
• Pulpstream
• IBM Open Pages
• SAP GRC
• Riskonnect