Page 213 - Cyber Defense eMagazine Annual RSA Edition for 2024

• Efficient time management and error reduction: GRC automation minimizes time consumption
and eliminates data duplication, errors, and inconsistencies associated with manual processes.
• Risk and compliance management: In-depth analysis through GRC automation provides a holistic
360-degree view of the organizational risk landscape, ensuring effective risk and compliance
management.
• Enhanced collaboration and communication: Seamless data-sharing among organizational
divisions helps improve collaboration and communication, facilitating better coordination in risk
management.
• Real-time Tracking for Security and Alerting: It tracks user activity, access, and compliance
controls in real-time, enabling the identification and prompt alerting to any suspicious activities.

How GRC Automation Can Simplify Regulatory Compliance?

Below are the ways GRC automation simplifies your regulatory compliance:

1. Automated Compliance Monitoring

Utilize AI-powered GRC technology to automate regulatory compliance monitoring. This ensures real-
time analysis of changes in standards, laws, and regulations, enabling organizations to stay current and
adapt swiftly to evolving compliance requirements.

2. Efficient Risk Management

Implement GRC automation for robust risk management. Streamline processes to identify, assess, and
mitigate risks effectively, providing a proactive approach to compliance and minimizing potential threats.

213