VAIRAV's GRC service profoundly identifies the company's intangible and
tangible IT assets, assesses viable risks and acts on it accordingly with
continuous monitoring, analysis and reporting so as to comply with the
assured regulations and sta
Governance, Risk and Compliance (GRC) Assessment refers to a strategic and structured approach for managing an organization's overall governance, enterprise risk management and compliance with regulations. Used by organizations to unify and align the approach to risk management and regulatory compliance, GRC Assessment aids to improve business performance and enhance decision making within corporate governance boards.
Strategic Governance, Risk Management and Regulatory Compliance
GRC Assessment aids to identify the organization’s tangible and intangible IT assets, access viable risk and act on it accordingly with continuous monitoring, analysis and reporting.
Vairav carries out GRC Assessment of the organizations implementing ISO 27001, GDPR, CCPA, HIPAA, SOC (I and II) and many more certifications, meeting the compliance with legal and regulatory requirements.
Some of the GRC Assessment beneficiaries that Vairav provides are mentioned as beneath:
Risk Management
It is the process of quantifying, evaluating and prioritizing potential assessed risks to an organization based on their entire operation. For proper risk management. An organization must use coordinated and fiscally responsible choices to utilize resources that controls, monitors and mitigates risks, ceasing their impact on the business.
Compliance
These are the rules of the government, industry or market in which the organization operates. Compliance requirements are designed to ensure that consumers can operate with an expected degree of trust in the organization that their data is safe and secure.
Governance
It is the process that directs and manages an enterprise ensuring the senior management has the necessary and latest information, hence effectively making decisions and upscaling company strategy.