What to Think About When Shopping for a GRC Solution: A Primer for Those New to Compliance

GRC

Governance, Risk, and Compliance (GRC) is a necessary, and often complex, aspect of many industries. Businesses operating in healthcare, government, financial services, retail, and others know that compliance is a cost of doing business. At the same time, more companies have begun to understand that a GRC solution can contribute to their business success, rather than just being another hurdle to jump over. 

Here, we’ll open the doors for what it means for a company just beginning their compliance journey’s to think about GRC tools. It’s a lot of planning and organizing, but with that comes new security partnerships and a modicum of control over how your organization handles security and risk in almost any industry. 

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What is Compliance Process Automation?

compliance process automation

Modern businesses are data-driven, and that fact has put compliance and data governance at the forefront of contemporary security and IT support. With so much information, much of it pertaining to private consumer issues like finances, health, and Personal Identifiable Information (PII), it’s imperative for businesses to comply with regulations that protect that data from theft or unlawful viewing. That’s why businesses are turning to compliance process automation to make auditing and reporting faster, more efficient, and more accurate. 

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7 Ways a Managed Service Provider Can Protect Their Clients 

managed service provider security featured

Managed service providers carry a few additional burdens that many traditional IT companies don’t. Because the products and services of a managed service provider are used by different businesses, often in different industries, there is a balancing act between managing their own security needs and the needs of their clients. Different responsibilities, requirements, and approaches could fundamentally change how an MSP offers services.

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