Organisations frequently face plenty of difficulties begging for creative solutions in the fast changing governance, risk management, and compliance (GRC) landscape. These difficulties may limit company expansion, produce inconsistencies, or even put the company at risk. We’ll discuss common GRC issues in this blog article, as well as how Falcon GRC provides a comprehensive solution to improve cybersecurity, streamline GRC procedures, and enable companies to run at their full potential.
Problem definition
1. Business vs. Information Systems
The Key Performance Indicators (KPIs) that traditional IT departments report frequently are highly technical, which causes a disconnect between the IT environment and business goals.
2. Dependency Confusion
Management usually fails to get a clear understanding of the interdependencies across the goals of the company and the fundamental connections, making informed decisions difficult.
3. Unstructured Risk Management
In certain organisations, risk management is generally unstructured or nonexistent, leaving firms vulnerable to unforeseen risks.
4. Budget Allocation Problems
GRC teams frequently struggle with budget restrictions, which reduces their ability to effectively manage risks and ensure compliance.
5. Tool Limitations
Risk management teams frequently use Excel as their only tool, which causes difficulties and ineffectiveness.
Falcon GRC: The Complete Solution
These urgent GRC problems can be solved using Falcon GRC. It is an integrated platform for managing governance, risk, compliance, and cybersecurity that was created to simplify and improve the administration of business applications and infrastructure.
This platform provides a user-friendly, all-in-one SaaS solution that transforms GRC management, enhances cybersecurity, and empowers businesses in a variety of sectors.
Some of the key features
- Comprehensive Monitoring Falcon GRC offers a thorough monitoring module which allows you to look at every application and its dependencies in one location, improving resilience and ensuring continuous business continuity. So if you are trying to piece together all the scattered information, this tool will provide you with a holistic view of your application landscape.
- The Security Card centralises essential application information, including ownership and risk assessment, and connects applications with strategic goals. This helps to streamline cybersecurity operations while also bridging the gap between IT and business goals.
- Infrastructure Management:
Falcon GRC’s infrastructure module allows clients to enter specific data regarding IP plans, servers, APIs, backups, and other items, which improves security. This makes managing infrastructure easier and guarantees an efficient and secure IT environment.
Finally, it is a flexible and easy-to-use solution, making it easy to integrate into your existing work processes.
Falcon GRC is a light of transformation in the world of GRC. It includes strong capabilities that modernise GRC administration in addition to identifying and resolving typical GRC issues.