Empowering the Business of Cybersecurity

GRC Challenges

GRC Challenges
“If you can’t explain it simply, you don’t understand it well enough” Albert Einstein 

What We Are Hearing!

Organizations face constant challenges in creating and running their GRC programs. Each element of a GRC program may differ from one part of the organization to another and may be at different maturity levels due to priorities, culture, and resources to name a few. Below are groupings of GRC challenges for what we are hearing from our clients:

GRC Challenges in Audit and Assessment (Where are we?)

  • What do I need to comply with, and how?
  • What do I need to track and measure for compliance?
  • My staff are overwhelmed and don’t know where to start.
  • Too many distractions from business goals.

GRC Challenges in Strategy Development (Where do we go?)

  • My GRC program is not aligned with or supports my business goals.
  • My governance is not providing the proper guidance and feedback on risk and compliance activities.
  • I don’t have the resources and funds for an effective GRC program.
  • Company culture is resistant to change.
  • There are too many competing priorities.
  • Unclear requirements for measuring success.

Strategy Implementation (How do we get there?)

  • I can’t engage with the areas I need for input.
  • Some areas don’t understand the value of governance and risk management.
  • We implemented the recommended technology, but it didn’t solve our problems.
  • Unclear recommendations and remediation work by subject matter experts.
  • We’re always having to react to issues rather than proactively managing.

Risk Management (What may interfere with us?)

  • What do I need to track and measure for risk?
  • My enterprise risk management and operating risk management don’t speak the same language.
  • We don’t know how to identify and measure our risks consistently.
 

SimpliGRC can help you filter and prioritize your challenges to effective improve your GRC needs

Visit the following pages to learn more: