IT GRC - IT Governance
For us at Aporia, IT governance, risk and compliance (IT GRC) is about striking an appropriate balance between business reward and risk. The maturity of IT GRC practices for managing reward and risk has a direct impact on a business.
GRC reflects an integrated approach on the issues of governance, risk and compliance ensuring that businesses act in accordance with their policies and procedures, and external regulations.
Governance is the responsibility of senior executive management and focuses on creating organizational transparency by defining the mechanisms an organization uses to ensure that established processes and policies are followed. A proper governance strategy implements systems to monitor and record current business activity, takes steps to ensure compliance with agreed policies, and provides for corrective action in cases where the rules have been ignored or misconstrued.
Risk Management is the process by which an organization sets the risk tolerance, identifies potential risks and prioritizes the tolerance for risk based on the organization’s business objectives. Risk Management leverages internal controls to manage and mitigate risk throughout the organization.
Compliance is the process that records and monitors the controls, be they physical, logical or organisational, needed to enable compliance with legislative or industry mandates as well as internal policies.
Our IT GRC services encompass:
- Greater business value from IT strategy, investment and alignment;
- Significantly reduced business and financial risk from the use of IT, and
- Conformance with policies of the organization and its external legal and regulatory compliance mandates.
