GRC Services


Techzology delivers a full range of top-tier cybersecurity services and solutions to strengthen your business with operational resilience, flawless data privacy, and robust protection against cyber threats.

Governance, risk, and compliance (GRC) provide organizations the confidence and tools they need to operate their businesses without overstepping regulatory bounds. Too many organizations lack well-defined GRC programs or have the tendency to neglect funding them. To succeed, organizations must improve resilience and prepare for disruption to remain relevant and deliver value.

The business case for GRC must focus on improving risk visibility, aligning GRC efforts to business priorities, and delivering forward-looking insights to help firms act quickly and decisively.

Governance: The frameworks of an organization’s activities and whether or not they are aligned with business objectives. Activities include processes, structures, and policies that are meant to manage and monitor company activities.

Risk: A sustained process of addressing risks, mitigating risks through controls, and providing assurance that the risks are managed according to policies. This includes measurement of risk, assessment, retention, monitoring, and identification.

Compliance: Ensuring that activities within an organization operate in a way that are aligned with laws and regulations.

  • Security of your information systems
  • Data Protection
  • Proactive Maintenance
  • Help Desk Support
  • Audit & Risk Management
  • Business Reviews & Planning

Types of risk

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  • Strategic: Effective risk ownership and governance that affect business strategies.
  • Operational: Anything that can halt, alter, or affect operations of a company and its processes.
  • Technology: Includes cyber risk, in addition to failures in applications, databases, infrastructures, and other connected devices.
  • Data: When information is susceptible to theft or corruption. Protection includes keeping data confidential, ensuring its integrity, and maintaining availability.
  • Cyber: Similar to technology risk. Financial loss, disruption of business, or general harm to the reputation of an organization caused by information technology failures.
  • Privacy: The potential for loss, unauthorized disclosure, or theft of private data.
  • Reputational: The potential for an organization to be negatively viewed due to a disgruntled customer, data breach, product failure, or a negative review.
  • Third-Party: Ensuring that vendors, suppliers, business partners, and any affiliates have a good risk posture and won’t affect the organization.
  • Compliance/ Regulatory: The degree to which non-compliance can affect regulatory obligations.

Why companies large and small need GRC

  • Stakeholders demand a high degree of transparency, accountability, and performance.
  • Regulations are constantly changing in an unpredictable manner.
  • Third party relationships and risks are growing exponentially, which is a challenge to management.
  • The lack of risk identification has harsh impacts.
  • Efficiency gains through GRC are necessary for business growth.

What is an integrated approach to risk management?

Effective GRC must:

  • Be driven by industry leaders like CISOs, CROs, CIOs, CFOs, CEOs, legal, etc.
  • Have a risk-focused culture.
  • Be built on a modern, integrated, cloud-based platform.
  • Integrate easily with other technologies in the ecosystem to collect data.
  • Make data sharing easy to be able to cross leverage common data.
  • Target and address business risk throughout the organization and third-party ecosystems
  • Create business-oriented, process-based workflows to analyze and treat risk.
  • Embed risk intelligence and workflows into daily/operational tools.
  • Make risk and compliance available at everyone’s fingertips.
  • Enable continuous monitoring of risks and controls through the use of automated risk indicators.
  • Explain risk in business terms through business-focused dashboards
  • Do it all on an on-going basis for departments and functional groups across the enterprise, and with vendors, to provide a holistic, real-time view of risk.

Benefits of efficient GRC

Effective GRC establishes an approach to ensure that the proper people get the necessary information when it is needed, objectives are established, and the right controls are put into place to address uncertain situations and act.

A GRC process done right yields the following benefits:

  • Reduced costs through automation and by reducing the likelihood of penalties from audit findings, compliance violations, and breaches.
  • Reduced risk posed by vendors.
  • Improved ability to adapt to changes in business models, risks associated with digital transformation, or new regulations.
  • Reduced impact on operations—efficiency gains allow organizations to do more with less.
  • Improved ability to scale and grow the business.
  • Greater ability to gather quality information quickly and efficiently from employees and vendors.
  • Increased access to risk Information across the enterprise with a single repository.
  • Greater ability to repeat processes in a consistent manner.
  • Improved productivity by eliminating repetitive and redundant tasks.
  • Effective communication with stakeholders across the business, with executive, and to the board.
  • Strategic decision-making with real-time risk data and the ability to calculate the impact to the business.
  • Competitive advantage—customers know there is a plan in place to address risks, which should reduce the likelihood of a breach and better protect their data.

Domains where risk and compliance are necessary

  • Policy management
  • Regulatory compliance
  • Digital and technology risk management
  • Third party risk management
  • Audit management
  • Resilience and continuity management
  • Privacy management

Top GRC Tools & Software Comparison

SaaS-enabled? Mobile app? 24/7 live support? Free trial? Demo? Recognized by Forrester? Recognized by Gartner?
RSA Archer Yes Yes No No Yes Yes Yes
Logic Manager Yes No No No Yes Yes Yes
Riskonnect Yes No No No Yes Yes Yes
SAP Yes Yes No Yes No Yes No
SAI360 Yes Yes No No Yes Yes Yes
MetricStream Yes Yes No No Yes Yes Yes
Enablon Yes Yes Yes No Yes Yes No
ServiceNow Yes Yes Yes No Yes Yes Yes
Fusion Framework Yes Yes No Yes No No No

What Do GRC Tools Include?

Whether you have a small business or a large enterprise, governance, risk management, and compliance will play some role in your business operations and preparedness. As Benjamin Franklin once said, “If you fail to plan, you plan to fail,” and GRC strategies will thus help your business avoid failure. This happens through planning for organizational structure, vulnerability monitoring and response, and reporting requirements.

Governance Management

Governance describes the top-down approach to managing your organization. Your business’s governance strategy is composed of all the business processes and policies that are structured, implemented, and maintained to preserve productive relationships among all stakeholders. It creates a framework that enables your business operations to run like a well-oiled machine. It also ensures that the top officials are receiving the most accurate information needed to make decisions quickly and effectively.

Risk Management

Risk management refers to the measures put in place to prevent, detect, and respond to vulnerabilities that can impact your organization from all perspectives. Specifically, risk management monitors all departments – most importantly IT, finance, and HR – to ensure your broader business goals won’t be impeded or compromised.

It considers all internal risks as well as those presented by working with third-party vendors. In addition to addressing the risks themselves, risk management also involves mitigating any consequences or potential impact on your organization’s infrastructure, resources, and stakeholders.

Risk Management

Risk management refers to the measures put in place to prevent, detect, and respond to vulnerabilities that can impact your organization from all perspectives. Specifically, risk management monitors all departments – most importantly IT, finance, and HR – to ensure your broader business goals won’t be impeded or compromised.

Compliance Management

Compliance involves your business’s ability to fulfill the obligations set forth by government regulations. It relies heavily on documenting all efforts to meet relevant standards, usually concerning data protection and privacy. Some such regulations include the EU’s General Data Protection Regulation (GDPR), the CAN-SPAM Act, the California Consumer Privacy Act (CCPA), and the Health Insurance Portability and Accountability Act (HIPAA).

Overall, a GRC strategy helps make sure every action, resource, and stakeholder is aligned with the business’s broader company objectives.


Which Industries Typically Need GRC Tools?

While finance, healthcare, and manufacturing are probably the first industries to come to mind when you hear risk and compliance, nearly every industry has risk and at least some compliance requirements, meaning every industry needs some type of GRC tool in place. For example, retailers have PCI DSS compliance to contend with in order to accept credit card information, and any business that interacts with Europe in any way has to abide by GDPR.

GRC software may not be a priority for small businesses, especially those in industries that are not heavily regulated. Typically, their risk and compliance needs can be handled with basic cybersecurity software and business continuity plans. However, enterprises that don’t currently have a GRC framework in place should add the tools as soon as possible. Without them, they’re leaving themselves vulnerable to risk and could compromise their clients’ data.

Features of GRC Software

Most of the vendors listed above were recognized by Gartner in its 2021 Magic Quadrant for IT risk management as well as Forrester in its Q3 2021 GRC Wave. What helps these platforms gain recognition? According to Forrester, a GRC solution should have the breadth and depth to support a wide range of GRC use cases, capabilities to align GRC efforts across multiple business functions, and advanced risk analysis. Most GRC programs employ some combination of features in the following areas to accomplish these goals:

  • Risk and control management
  • Document management
  • Policy management
  • Audit management
  • IT risk management
  • Third-party risk management
  • Risk scoring
  • Workflow
  • Dashboards and reports
  • Preconfigured and custom integration
  • End-user experience

GRC Improves Customer Confidence

GRC is more than a software platform or a set of tools. In fact, GRC is effectively a broad framework that helps with decision-making processes, emergency preparedness, and collaboration across all segments of a business.


Any organization, regardless of industry or size, can benefit from a GRC strategy. It will help you optimize performance, stay up-to-date with all compliance requirements, and be proactive in preventing and addressing all threats to your organization. To keep customer data safe, and in turn keep their confidence, you’ll need the right set of GRC tools.


  • Security of your information systems
  • Data Protection
  • Proactive Maintenance
  • Help Desk Support
  • Business Reviews & Planning

To know more how Techzology help achieve your business objective, contact us:

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