| Organizations are investing heavily on preventive | | | | bypassing the authentication process, stealing the |
| measures to protect their data. The IT environment | | | | assets physically, using force to attack etc. |
| contains a large pool of IT resources and neglecting | | | | Prevention is better than cure |
| the security of these resources can mean heavy loss. | | | | To ensure protection of data companies need to |
| This is the reason why there is so much emphasis on | | | | implement effective result-oriented IT-GRC solutions. It |
| strict compliance standards and GRC regulations. | | | | is very easy for employees to scale the firewall |
| The governance, risk and compliance factors of an | | | | systems to gain access to restricted areas. Thus the |
| organization should be able to address all risk | | | | GRC solutions should address all risk and compliance |
| management needs from both external and internal | | | | issues through an end-to-end integrated network. The |
| threats. It has often been found that companies | | | | GRC solutions should have the facility of monitoring the |
| concentrate more on blocking the external risks. Yet | | | | activities 24x7 and capturing all the packets for |
| they become easy victims of sabotage due to their | | | | reviewing and analyzing any contemplative threats. |
| unawareness or ignorance of internal threats. | | | | The GRC solutions should be aligned with the |
| Do not spare or overlook your internal forces | | | | objectives and goals of the company and provide end |
| Businesses are equally at risk from insider threats and | | | | to end automation of the compliance, risk management |
| there is no guarantee that an employee of the | | | | and security needs of the company. The solutions |
| company will refrain from any malpractices. The | | | | should be flexible and compliant with various |
| security breaches caused by insiders are mostly due | | | | compliance frameworks such as ISO, BASEL II, PCI, |
| to either greed or dissatisfaction. Many employees | | | | FISMA, HIPAA, COBIT, NSE, BSE, MCDEX, RBI, IRDA |
| nurse grudges and vent their anger by tampering with | | | | and several other frameworks specific to some |
| the company's sensitive data. Some are largely | | | | countries. |
| influenced by the eagerness to cause willful damage. | | | | Addressing threat management needs signifies an |
| Thus organizations need to enforce a thorough | | | | evaluation of the overall environment to check for any |
| governance, risk and compliance management system | | | | imminent risks. Human nature can be unreliable and |
| to handle any unseen and forthcoming onslaughts. | | | | data can be easily compromised by the internal |
| The employees of a company are knowledgeable | | | | workforce of an organization. Thus it is necessary to |
| about the system's administration and they can easily | | | | deploy secure compliance management software to |
| jeopardize the company's data using several tactics | | | | nip the problem at its bud. An automation process that |
| such as systems password and logins, back door | | | | ensures end to end integration will be able to fulfill the |
| access, phishing, abusing their privileges and violating | | | | security and risk management needs effectively. |
| the use of policies, key-logging, spy ware/malware, | | | | |