Protect Your Organization with Improved Incident Response
A well-planned incident response capability can protect your organization from external and internal threats, no matter where work takes place.
When implementing a compliance program, simply documenting corporate controls does not necessarily mean your organization will be able to reduce operational risk or potential damaging losses. There are often vast differences between how compliance executives and CXOs view a particular business process versus how it actually operates on a day-to-day basis.
When employees can easily bypass policies and procedures because no systematic controls are in place on your business processes, your organization is at an increased risk of not following internal board directives, violating regulations, and ultimately government fines. Given the current highly regulated environment, a new approach is required to effectively deal with compliance challenges.
Once they understand the core business activities that occur, they can then quantify the risks in each process, document and embed controls within the business, and establish intelligence metrics to track compliance. This approach to GRC not only decreases risk, it also lowers the cost of preparing for external and internal compliance audits and enables faster adoption of new regulations, internal directives, and guidelines.
The process driven approach decreases risk and at the same time makes every GRC project a potential process improvement project. This is a new way to think about governance, risk, and compliance as a driver of process efficiency and excellence.
LogicGate allows compliance officers and department managers (who know their lines of business and processes the best) to create and modify GRC applications that connect people, processes and data across the organization – empowering them so they are no longer at the mercy of corporate IT or application vendors for support as their business changes.
To learn more about process driven GRC on LogicGate.
A well-planned incident response capability can protect your organization from external and internal threats, no matter where work takes place.
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