KnowBe4, the provider of a recognised security awareness training and simulated phishing platform, has just released a new, updated SaaS-based GRC platform featuring compliance management, policy management and risk management functionality.
Most organisations leverage spreadsheets, documents and/or collaboration portals, as well as e-mail threads and individual calendars in order to manage their GRC initiatives. These practices are inefficient, error prone and costly and often present greater risk to the host organisation.
“KCM GRC allows organisations to eliminate the business disruption caused by the dreaded audit cycle, keep key employees focused on important work as opposed to sitting in meetings and enable visibility into compliance and risk initiatives at all levels of the business,” said Stu Sjouwerman, CEO at KnowBe4. “It’s intuitive, easy-to-use and affordable for end users. We’ve rounded out the requirements of what it takes to successfully manage GRC in a more convenient way.”
All organisations follow some type of regulation. Many need to comply with the Payment Card Industry Data Security Standard, but often that’s combined with other regulations. Even if an organisation isn’t required by law to comply with any regulations, there may be a need to follow an internal risk framework, internal policies and procedures or an industry Best Practice framework. Managing compliance for one regulation or framework is time-consuming. Having multiple regulations becomes impractical to manage without automation. Additionally, managing policy distribution and tracking attestation can be a challenging and time-consuming process.
KCM’s risk management workflow is simple: identify the risk, respond to the risk and monitor the risk. The KCM risk workflow allows compliance or audit gaps to be escalated to the Risk Register. It identifies, assesses and monitors risk as well as gaps within organisations’ security programmes.
*For more information on KCM GRC visit https://www.knowbe4.com/products/compliance-manager-software