Governance, Risk, and Compliance (GRC)
Sekuro knows Governance, Risk, and Compliance (GRC)
Sekuro helps you navigate regulatory requirements and industry standards with confidence.
Sekuro provides integrated enterprise GRC solutions to help meet and maintain compliance requirements to reduce risk and improve corporate governance.
ISO 27001 Case Study
How Canva embarked on its cyber security maturity journey and achieved ISO 27001 certification
ISO 27001 & RFFR Case Study
How The Disability Trust succeeded on its ISO 27001 and Right Fit For Risk (RFFR) journey
GRC is a driver for growth and security.
In the business world, compliance can carry negative connotations, yet many don’t realise it can be a driver for security and growth.
Governance, Risk, and Compliance (GRC) strategy and solutions are about understanding the regulatory framework under which your organisation operates. It helps you find the what and the why in order to identify gaps and remediate quickly so you can avoid fines, remain competitive and grow securely.
The scale of fines is continually increasing alongside the increased personal liability of leadership and the board in the wake of breaches. These days, meeting corporate governance and compliance requirements are a matter of brand protection. Whether you’re a bank, retailer or healthcare provider, GRC maturity is required to reduce risk and reliably achieve objectives.
Benefits of GRC:
Build your reputation
A strong security culture can act as a market differentiator. Having a GRC strategy will help manage your reputation and build trust in the market.
Give your customers, partners and supply chain peace of mind that you meet best-practice standards as well as mandated compliance, obligations and laws and regulations – including breach notification and privacy laws. Having a GRC strategy in place also helps to expand opportunities to work with or for typically larger organisations that require compliance to certain standards.
Launch faster
Risk assessments can help new businesses or products identify flaws and test them against industry recognised standards from the beginning, saving time and money, whilst aligning with business objectives.
Improve your board reporting
Sekuro GRC services help provide governance and structures for reporting to the board on cybersecurity and information security management in line with industry best practice.
Avoid fines
Nobody likes paying fines. By having GRC strategies and solutions in place, you can reduce risk and ensure all of our obligations are met and fines are avoided.
Optimise your spend
By understanding the why, GRC solutions help you to find the right processes and technologies for your business that meet compliance requirements.
They will also provide a framework to manage security programmes and projects, help prioritise security actions as well as optimise (and justify) security expenditure.
Compliance and certification, we’ve got your back!
Sekuro consultants improve your GRC maturity by helping to meet and maintain compliance to a broad range of industry standards including the new SOCI Act, ISO 27001, PCI DSS, IRAP, and more. We identify and recommend tailored remediation for any compliance gaps to ensure you have the processes and technology in place to achieve full compliance.
SOCI Act
The Security of Critical Infrastructure Act 2018 (SOCI Act) is a new piece of legislation that will come into effect on August 17, 2023. The SOCI Act requires organisations responsible for critical infrastructure assets (CIAs) to implement a risk management program to protect their CIAs from a variety of threats, including physical and cyber threats.
ISO 27001 (ISMS)
ISO 27001 sets out the requirement to design and implement an Information Security Management System (ISMS) to continuously improve an organisation’s risk posture based on good risk management practices.
SOC 1, SOC 2, SOC 3
System and Organization Controls (SOC) is a reporting framework to communicate relevant information on the effectiveness of a cyber security risk management system or any other required cyber security information.
IRAP (ISM / PSPF)
IRAP provides a framework for assessing the implementation and effectiveness of an organisation’s security controls against the Australian government’s security requirements, as outlined in the Information Manual (ISM) and Protective Security Policy Framework (PSPF).
Right Fit for Risk (RFFR)
RFFR stands for Right Fit For Risk and was designed by the Department of Education, Skills and Employment (DESE) in late 2019. Sekuro offers a range of RFFR services that go from end-to-end assistance to get you certified, posture assessments, internal audits and broad advisory services tailored to your needs.
ACSC Essential 8 (E8)
Australian Cyber Security Centre’s (ACSC) Strategy to Mitigate Cyber Security Incidents, known as the Essential 8 (E8), provides a prioritised list of mitigation strategies to assist organisations in protecting their systems against a range of adversaries.
APRA CPS 234 / CPS 232
APRA CPS 232: This Prudential Standard ensures the implementation of a comprehensive approach to business continuity management.
APRA CPS 234: This PPG aims to assist regulated entities in maintaining information security.
Cloud Security Alliance STAR
Know and manage your business risks in the cloud, using the CSA’s Cloud Control Matrix (CCM) and STAR maturity model. Sekuro consultants are one of very few STAR CSA lead auditors in Australia.
NIST CSF
The NIST Cybersecurity Framework (CSF), adopted by reputable companies such as JP Morgan Chase and Microsoft, helps businesses of all sizes to better understand, manage, and reduce their cyber security risk and protect their networks and data.
Data Governance & Privacy
GDPR & Privacy Impact Assessments
Understand your compliance with local privacy laws and associated regulations and their impact on your operations and follow your tailored action plan towards full compliance.
Our expertise covers, but is not limited to:
- GDPR (European Union)
- PDPA (Singapore)
- Privacy Act 1988 (Cth) (Australia)
Privacy Information Management System
We design and establish privacy governance and management frameworks, in compliance with the local regulations and industry standards including ISO:IEC 27001 ISMS and BS 10012:2017 Privacy Information Management System (PIMS).
Data Protection Trustmark Certification Program (Singapore)
We provide DPTM certification services to prepare your company to achieve PDPA compliance and meet Singapore’s DPTM certification requirements.
Data Protection Management Program
We journey with your company to develop and design data protection policies and processes.
Strategy, Risk & Governance
Cyber Security Health Checks
Our range of fixed price health checks are a great option to get better visibility of immediate and ongoing risks and threats within your system.
Virtual Security Office
Establish strategic cyber security approaches tailored to your company and achieve effective security operations capabilities implemented by qualified and highly experienced information security professionals.
Security Strategy Development
Protect your company with a security strategy which involves an initial assessment, planning, implementation and constant monitoring.
Security Framework Preparation
Help your company to prepare an internal security framework to develop your company's cyber security readiness.
Security Risk Assessment
Necessary risk assessments are undertaken from our large range of assessment services to keep your company protected.
Third Party Security Assessments & Management
Help your company in security assessments and management of third-party vendors.
Governance, Risk, and Compliance (GRC) FAQs
What is Governance, Risk, and Compliance (GRC)?
Governance, Risk, and Compliance (GRC) is a discipline under information security management that leverages best practice frameworks and a set of processes, procedures, and technologies to help organisations protect the most precious assets and reliably achieve security objectives whilst managing information security risks. Integrated GRC solutions help organisations meet data and privacy regulations whilst strengthening their cybersecurity posture.
Why is GRC important?
Not understanding GRC requirements can put an organisation at risk of data breaches and heavy fines, alongside reputational damage for non-compliance or unethical practices.
What is a GRC framework?
GRC frameworks are models that help organisations manage their information security and compliance requirements. They often include components that support the alignment of its technology footprint with business goals, while managing risk, considering regulatory and other business requirements.
Is it ‘Governance, Risk and Compliance’, or ‘Governance, Risk, and Compliance’?
Some say the term covers an organisation’s approach across three practices: governance, risk management, and compliance. So we say the judicious use of an oxford comma is the way to go.