E-Book: Governance, Risk & Compliance The strong link between business and cybersecurity
Build a strong cyber defense with GRC
Governance, Risk & Compliance (GRC) brings together three critical areas that enhance your ability to build a robust and effective cyber defense while achieving your cybersecurity objectives.
Governance
Governance relates to the rules and processes that guide your overall cybersecurity decisions to ensure transparency and involve relevant stakeholders.
Risk Management
Risk Management focuses on identifying the risks that may prevent you from achieving your goals and assessing the likelihood and impact, allowing you to choose the best cybersecurity strategies.
Compliance
Compliance ensures that everyone in the organization consistently adheres to applicable laws and standards to avoid legal issues, fines, and potential damage to the company’s reputation.
The Strength of GRC
GRC is not only about assessing risks, developing strategies, and making the best decisions; it is also key to creating a holistic approach to IT security across the entire organization.
Katrine Krogedal, Team Lead GRC, Orange Cyberdefense Sweden
In the past, cybersecurity was primarily the responsibility of the IT department, but today it is a collective organizational responsibility. This shift demands greater communication, and GRC serves as the language that integrates technology, business, and management.
GRC: A Strong Management Tool – Also for Cybersecurity
While it is the responsibility of the entire organization to implement the necessary measures and processes to maintain protection and keep core operations running during significant cyberattacks, the ultimate responsibility for the company’s cybersecurity always lies with the management and the board.
The idea of outsourcing cybersecurity responsibility is outdated. Therefore, from a GRC perspective, it is crucial for top management to understand the importance of a strong cyber defense for business survival and why it must be prioritized continuously.
A strong GRC focus is the most effective way to support management's responsibilities, as it enhances the ability to make informed decisions regarding the organization's cybersecurity.
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Kaja Knoph, Team Lead GRC, Orange Cyberdefense Norway
Today, most companies need a security strategy that protects the business without hindering operations, growth, and competitiveness. This requires the organization to build a common understanding of the interplay between risk, technology, legislation, and finance—and this is precisely what our GRC consulting focuses on creating in close collaboration with management.
Strategic, Tactical & Operational
A targeted GRC approach is essential for all companies and organizations aiming to secure their information, protect critical data and infrastructure, and meet legal requirements, especially regarding cyber threats and attacks. A holistic approach operating on three levels - strategic, tactical, and operational - not only ensures a response to threats but also helps act proactively to safeguard long-term business goals.
Therefore, all levels are important
An effective GRC structure requires these levels to work harmoniously together. Without clear strategic direction, tactical and operational efforts may become uncoordinated and ineffective. Conversely, a strong strategy without effective tactical and operational implementation leaves the organization vulnerable to threats and compliance breaches. Thus, investing in all three levels is crucial for creating a robust defense against cyber threats and attacks.
The Climate Data Agency
Orange Cyberdefense assists us with risk assessments, management consulting, and the operational implementation of enhanced security architecture and protection for our solutions - based on the state's minimum requirements, NIS2, and ISO 27001. With their support, we can focus on and strengthen our ability to address the increasing cyber threat in a resource-efficient manner.
Getting Started
Implementing GRC as a strategic, tactical, and operational management tool involves creating a robust framework that enhances compliance with internal risk management policies. By integrating solid GRC structures, organizations can navigate complex requirements and risk scenarios more effectively.
Define Clear Governance Policies
Develop policies outlining cybersecurity roles and responsibilities aligned with organizational goals, involving management, IT teams, and legal experts.
Create a Security Culture
Promote accountability in cybersecurity and reward safe behavior, training employees to handle threats and encouraging reporting without fear.
Conduct a Cybersecurity Risk Assessment
Identify unique cybersecurity risks, understand current threats and vulnerabilities, and evaluate the consequences of potential breaches.
Implement a Circular Working Model
Prioritize cybersecurity and regularly assess the effectiveness of initiatives and investments based on GRC principles.
Focus on Compliance
Develop clear policies regarding cybersecurity roles and responsibilities, aligning with organizational goals and involving management, IT teams, and legal specialists.
Mats Lindblad, GRC Manager, Orange Cyberdefense Sweden
The more complex your IT systems become, the more critical it is to assess the associated risks. This is where professional advice, support, and assistance from a strong GRC team can make a valuable difference by placing your critical challenges and business needs within an IT security context.
GRC Services for All Your Needs
Through our various GRC services, we can help you strengthen cybersecurity in your organization through strategic management, effective risk handling, and compliance with applicable laws. Our solutions are tailored to protect your business from threats and ensure stable operations - even in times of crisis.
Security Strategy
We develop a security strategy in collaboration with your CISO and key personnel, based on your risks and maturity level.
CISO-as-a-Service
Our flexible CISO solution ensures guidance and management of your security projects, as well as maintaining governance and security training.
Implement ISMS
We assist you in implementing an Information Security Management System (ISMS) based on recognized standards like ISO 27001 and NIST.
Awareness Training
Based on risk analyses, we create training for employees on safe behavior, tailored to your specific needs.
Risk & Resilience Services
Our Risk & Resilience services provide you with effective protection against threats and assist you in planning the management of security incidents.
Risk and Threat Assessment
We identify critical risks and provide a decision-making tool that offers an overview of risks and potential solutions.
Crisis Management
With a thorough emergency plan, we ensure clear role assignments and employee training through realistic exercises.
Disaster Recovery Planning & Testing
Our specialists develop and test recovery plans for critical systems with relevant coaching.
Security Architecture
We develop a risk-based security architecture for applications, networks, and infrastructure, integrated with your IT team.
Business Continuity Management
We create and test plans to keep the business running during attacks.
Compliance Services
Our Compliance services ensure that you comply with applicable laws and standards through audits and policy updates.
Cyber Maturity Assessment
We map your cybersecurity maturity and provide a report with specific recommendations for improvements.
Regulatory Compliance Assessments
We conduct compliance assessments related to requirements such as NIS2, GDPR, and DORA, offering concrete recommendations for enhancements.
Why choose Orange Cyberdefense as your GRC partner?
In a world where IT plays a crucial role in core business functions, there is a need for strong cybersecurity partners who provide more than just reports and then leave the full responsibility for implementing the report's conclusions to you.
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Sharp focus on your risks
Our GRC team specializes in identifying critical risks and pinpointing the data, applications, and infrastructures that require the best protection, ensuring your business can continue operating regardless of the challenges faced. We design the cybersecurity defense based on your risk profile, assist in its ongoing adjustment, and adapt it to new needs and threats.
Our unique approach to GRC
Our GRC approach goes beyond strategic management; the operational aspect is equally important. In addition to providing comprehensive advice and recommendations for your cybersecurity, we help you find the right security solutions tailored to your needs, risk profile, and resources, ensuring successful implementation.
Bo Drejer | GRC Manager, Orange Cyberdefense Denmark
At Orange Cyberdefense, we don't just leave a security report behind. We analyze your business and develop solutions that closely match your risk profile and resources - and we stand beside you every step of the way to ensure you achieve your goals.
Choose Orange Cyberdefense because you want a GRC partner that can:
- Align your overall business strategy with your cybersecurity strategy.
- Possess strong specialized skills and communicate effectively with both management and IT departments.
- Provide professional advice from initial analysis to IT technical implementation and operation of your operational solutions.
- Ensure your business can continue operating during any cyberattack.
- Bring in an experienced team capable of collaborating across the Nordics and globally.
Contact us:
Reach out to our team if you’re looking for guidance or insights on our GRC services and how we can support your needs.
