By Iyabode Atoyebi
In today’s digital era, cybersecurity is a top priority for organizations across the globe. With the increasing frequency and sophistication of cyber threats, coupled with stringent regulatory requirements, it is imperative for organizations to establish robust Governance, Risk, and Compliance (GRC) frameworks.
These practices, when effectively implemented, can significantly enhance an organization’s cybersecurity posture. This article delves into the crucial role of GRC in cybersecurity, exploring how a comprehensive approach to governance, risk management, and compliance can protect digital assets and foster a culture of security awareness.
Governance, Risk, and Compliance (GRC) is a structured approach that aligns IT with business objectives while managing risks and ensuring compliance with regulations. Each component plays a distinct role:
1. Governance involves the establishment of policies, procedures, and standards to guide organizational activities. It sets the direction and accountability for cybersecurity initiatives.
2. Risk Management identifies, assesses, and mitigates risks that could potentially impact the organization. It involves…
