Chicago Based Governance, Risk, and Compliance Services
Businesses and organizations are becoming increasingly digitized, incorporating technology into each of their processes and departments. However, with technology being used to manage multiple processes throughout the organization, there is a chance that these processes can become siloed, making it difficult align them with the overall goals of the organization. Incorporating more technology also exposes your business to more security risks and makes it more difficult to stay in compliance with regulatory requirements that are constantly changing.
It is important for businesses to ensure a high level of performance and transparency when it comes to their operations and protect their IT infrastructure with effective cybersecurity measures. The best way to manage IT and security risks, reduce costs, and stay in compliance with regulatory requirements is to implement governance, risk, and compliance (GRC) policies.
Our professionals at PSM can help businesses and organizations in the Chicago, IL area with IT governance, risk, and compliance services. We can help form and implement a GRC framework that integrates the technology processes which allows for holistic monitoring and management of security risks. With effective governance, risk, and compliance cybersecurity, businesses can more effectively monitor and manage their security and safeguard against risks.
We can help businesses and organizations with the following:
- IT Governance Services
- IT Risk Assessment Services
- IT Compliance Services
- Data Security
- GRC Consulting
It is common for these components to become disconnected, especially when different IT operations are used within different departments to accomplish different things. If the IT operations of your business and organization are not aligned, it is more difficult to accomplish your goals and ensure risk protection and compliance. GRC cybersecurity strategies take a holistic approach to help businesses align their IT operations with their goals which allows for more effective, transparent operations and simplifies IT risk and compliance management.
What is Governance, Risk, and Compliance Cybersecurity (GRC Cybersecurity)?
Governance, risk, and compliance is a cybersecurity strategy in which IT processes used throughout a business or organization are aligned with business goals and monitored to meet regulatory compliance requirements and control risks. The goal of GRC cybersecurity is to implement an organization-wide strategy that integrates the management of these three components:
- Governance: The alignment of your IT operations with your business goals.
- Risk: Comprehensive process that mitigates exposure to risk across all IT operations.
- Compliance: Compliance of your IT infrastructure and processes with regulations.
Benefits of GRC Services
The purpose of GRC services is to help business and organizations streamline their IT operations by aligning them with their goals and take a holistic approach to managing risk and compliance across the entire IT infrastructure. The following are the benefits of GRC services:
- Improved organizational alignment: GRC services help businesses and organizations align their IT strategies around their organizational goals and values which allows for more effective collaboration across departments as well as better decision making.
- Better risk management: A good GRC strategy allows businesses to comprehensively monitor, assess, and manage risks. Risk management can be integrated into all technology processes throughout the business which helps detect and address potential risks early.
- Improved security: GRC services help businesses better address cybersecurity risks for improved security of the IT infrastructure, including data and assets.
- Greater compliance: An improved GRC strategy helps businesses and organizations comply with laws, regulations, and standards related to the privacy, usage, and storage of data.
- Cost reduction: GRC services help businesses save time and money by eliminating duplicate processes, tools, and resources.
Industries We Work With
- GRC for higher education
- GRC for financial institutions
- GRC for healthcare
- GRC for law firms
- GRC for non-profits
- GRC for associates
- GRC for utility
- GRC for manufacturing
How PSM Partners Can Help
Our experts at PSM Partners will understand your goals and assess your IT infrastructure to establish a GRC strategy that aligns with your goals and streamlines your technology processes. The alignment of your IT processes also allows for comprehensive cybersecurity monitoring and management as well as compliance assessment and management. We unify control of governance, risk, and compliance with frameworks that integrate these components and scalable automation for more effective and efficient management.
- IT Governance: We can help implement a strategy for your IT governance that aligns with your business goals and integrates with your strategies for managing risks and compliance.
- IT Risk Management: We will assess your current IT infrastructure to identify potential risks and implement a holistic cybersecurity strategy to monitor and manage risks across the entire IT infrastructure.
- IT compliance: We can help implement a strategy that allows you to assess and manage compliance to ensure that you comply with all applicable regulations and standards.
Outsourced IT Services
When you work with PSM, you have the option of outsourcing IT support services in which we can take over and manage certain aspects of your IT system. We can also provide remote 24/7/365 monitoring of your system which allows us to identify any issues or outages before they happen and implement necessary fixes to protect your system and keep it online. We will also provide maintenance reports to keep you up to date on the status of your system.
GRC Cybersecurity Services FAQ
Governance, risk, and compliance (GRC) is an organization-wide strategy to align all IT processes with business goals and holistically manage cybersecurity risks and compliance with regulations for the entire IT infrastructure. GRC is considered a cybersecurity strategy because it streamlines the monitoring and assessment of the IT infrastructure to better identify and address security risks and provide comprehensive protection. GRC can also involve the adoption of policies and new technologies.
Businesses and organizations of all sizes should implement GRC strategies to align governance, risk management, and compliance into one comprehensive framework. These strategies help reduce risks, improve performance, protect customer data, and comply with regulations.
The goal of GRC strategies and cybersecurity is to protect the IT infrastructure from risks. GRC strategies integrate IT cybersecurity into all IT operations within the business or organization to streamline risk monitoring and assessment and take action to safeguard the entire IT infrastructure.
Talk to Our GRC Consultants
At PSM, we can help businesses and organizations throughout the Chicago area with our governance, risk, and compliance services. Our professionals will assess your IT infrastructure and operations and implement frameworks that align your operations with your business goals and integrate risk and compliance assessment so they can be managed holistically across the entire infrastructure.
We can take a hands-on approach to implement and manage GRC strategies or work as your GRC consultant to assess your IT infrastructure and consult you on strategies and policies that you can implement and manage.
For more about our GRC services, give PSM a call at (312) 940-7830.
Call (312) 940-7830