GRC (Governance, Risk, and Compliance)

Governance, Risk, and Compliance (GRC) is an organization's structured approach to align IT activities with business goals, manage risk effectively, and comply with relevant laws and regulations. In cybersecurity, GRC is crucial for establishing a strong security posture and ensuring the ongoing protection of information assets.

Here's a breakdown of each component:

• Governance: In cybersecurity, governance involves establishing and maintaining a framework for security decision-making. It defines roles, responsibilities, policies, and procedures to ensure security activities support the organization's strategic objectives. Governance ensures that cybersecurity efforts are directed, monitored, and held accountable.

• Risk: Risk management in cybersecurity involves identifying, assessing, and mitigating potential threats and vulnerabilities that could harm an organization's information assets. This includes analyzing the likelihood and impact of cyberattacks, data breaches, and other security incidents. Risk management helps organizations prioritize security efforts and make informed decisions about resource allocation.

• Compliance: Compliance in cybersecurity means adhering to relevant laws, regulations, industry standards, and internal policies related to information security. Depending on the organization's industry and location, this can include regulations like GDPR, HIPAA, PCI DSS, and others. Compliance ensures that organizations meet legal and contractual obligations and avoid penalties or reputational damage.

In essence, GRC provides a holistic approach to cybersecurity by:

• Setting the direction for security activities (Governance).

• Protecting valuable assets from harm (Risk).

• Ensuring adherence to rules and obligations (Compliance).

ThreatNG helps with Governance, Risk, and Compliance (GRC) within cybersecurity in the following manner:

1. Governance

ThreatNG supports cybersecurity governance by providing organizations with:

• Visibility into External Risks: ThreatNG's external discovery and assessment capabilities clearly show an organization's external attack surface and digital risks. This information helps in making informed decisions about security policies and resource allocation. For example, by identifying all internet-facing assets, including cloud services and SaaS applications, ThreatNG enables organizations to establish governance policies that cover these often-overlooked areas.

• Prioritized Reporting: ThreatNG's reporting features, including executive and technical reports, help communicate cybersecurity risks and compliance status to stakeholders at different levels. This supports governance by ensuring decision-makers have the necessary information to oversee security activities and enforce policies.

• Policy Management: ThreatNG provides policy management features, including customizable risk configuration and scoring, dynamic entity management, and exception management. These features enable organizations to align the platform with their specific risk tolerance and security policies, supporting effective governance practices.

2. Risk

ThreatNG is designed to help organizations manage cybersecurity risk effectively:

• Risk Assessment: ThreatNG performs various external assessment ratings, providing detailed insights into potential vulnerabilities and risks. Examples include assessing web application hijack susceptibility, subdomain takeover susceptibility, BEC & phishing susceptibility, brand damage susceptibility, data leak susceptibility, and cyber risk exposure. These assessments enable organizations to identify and evaluate their cybersecurity risks.

• Continuous Monitoring: ThreatNG's continuous monitoring capabilities help organizations stay informed about their evolving risk landscape. By continuously monitoring external attack surfaces, digital risks, and security ratings, ThreatNG provides ongoing awareness of potential threats and vulnerabilities.

• Threat Intelligence: ThreatNG's intelligence repositories, including dark web monitoring and vulnerability databases, provide valuable context for understanding and prioritizing risks. This threat intelligence helps organizations make informed decisions about risk mitigation strategies.

• Vulnerability Management: ThreatNG helps discover code repositories and their exposure level. It also investigates their contents for the presence of sensitive data and cloud and SaaS exposure, helping organizations manage vulnerabilities.

3. Compliance

ThreatNG supports cybersecurity compliance efforts by:

• Identifying Compliance Gaps: ThreatNG's assessment and monitoring capabilities can help organizations identify potential compliance gaps related to external assets. For example, by assessing cloud and SaaS exposure, ThreatNG can help organizations ensure that cloud services comply with relevant regulations.

• Generating Compliance Reports: ThreatNG's reporting features can generate reports that demonstrate compliance with specific regulations or standards. These reports can be valuable for audits and regulatory reviews.

• Supporting Policy Enforcement: ThreatNG's policy management features help organizations enforce security policies and ensure that external assets adhere to compliance requirements.

ThreatNG provides a comprehensive platform that supports GRC in cybersecurity by providing visibility, risk assessment, continuous monitoring, threat intelligence, and reporting capabilities.