In today’s digital enterprises, CISOs and CIOs have a pivotal role to play in protecting their organizations against the growing multitude of IT risks and threats, while also sustaining compliance with IT regulations, standards, and policies.
Cybersecurity is a top priority on every CISO’s agenda. As organizations increasingly adopt cloud-based IT ecosystems and mobility solutions, the risks to data security are greater than ever. All it takes is one cyberattack to bring the strongest companies to their knees. Sometimes, these risks may lie in a vendor’s IT systems -- which means that organizations have to not only monitor their own IT risks, but also that of their vendors or partners. In addition, organizations are under constant pressure to comply with regulatory requirements like SOX, FFIEC, PCI-DSS, GLBA, HIPAA, and NERC-CIP, as well as IT governance standards and popular frameworks such as COBIT, ITIL, NIST, and ISO 27001/2.
Managing all these requirements the traditional way, using siloed systems and manual processes, is no longer effective or efficient -- especially as IT risks, regulations, controls, and related data grow more complex and intertwined. Therefore, organizations are increasingly opting for a more integrated Governance, Risk, and Compliance (GRC) management approach that enables them to bring together all their IT GRC processes under one umbrella.
