What Is Our Methodology?
Whether your organization is privately held or publicly traded, large or small, your electronic data storage or transmission should be assessed for risks. By outsourcing or co-sourcing your internal audit function and security services to 360 GRC, your organization will benefit from the experience of Senior Security Auditors who have performed audits on systems for major global institutions.
Not all industries are required by the government to maintain an Internal Audit department. Your organization can demonstrate its willingness to regulators and raise the competitive bar with your clients and business partners in taking a proactive approach by implementing the highest standards of security to their entire network.
Most industry regulation requires that security assessments be performed either semi-annually or whenever there is a change to the production environment. By implementing 360 GRC ’s fast and easy C.A.M. (Continuous Auditing and Monitoring) methodology, management will have greater control of their organization’s technological risks while satisfying legal and regulatory requirements.
360 GRC Software Methodology
All software and services companies are not the same. There are significant claims of unique design, implementation or management methodologies. If the world had as many unique methodologies as seen claimed, there would be no need for governance frameworks, benchmarking tools, SOA and other well-known standards.
By running the current ROI model against a simple quote on the software product in its three service offerings can produce the ROI reference model that clearly articulates the cost/time savings in its current state and cost/time-avoidance in the future.
360 GRC Services Methodology
360 GRC ’s consulting engagements utilize industry standards, best practices, laws and frameworks to ensure that our work is verifiable, sustainable and repeatable. A consistent, standardized process during the technology foundation will be designed to support both application and business functionality. Encompassing the traditional areas of planning, design, implementation and measurement, this methodology is unique in its ability facilitate cross-functional communications and consensus-building between business users and IT.
Benefits obtained from outsourcing IT Audit to 360 GRC
Management can focus on their core competencies and strategic business objectives.
360 GRC will save your organization from paying:
- Sky rocketing salaries demanded by full-time staff of IT security and audit professionals.
- The enormous purchasing and maintenance costs for audit and security vulnerability assessment tools.
- Expensive technical training for internal staff auditors – a requirement in order to keep abreast of the latest technologies and associated risks.
- 360 GRC will foster a professional and independent working relationship with your organization’s management and staff for a seamless transfer and implementation of our technology.
- 360 GRC will align our solutions with your organization’s business objectives and overall strategy.
- 360 GRC will provide assistance with external and regulatory audits or with lawsuits stemming from technology.
What is C.A.M. - Continuous Auditing and Monitoring?
Most traditional audits entail a checklist review approach that is performed infrequently.
360 GRC methodology is designed to break away from the limitations that come with traditional audits. Our Continuous Auditing and Monitoring (C.A.M.) approach offers repeated and extensive security tests on numerous highly critical platforms.
The greatest benefit from C.A.M. is a high level of security consistency across the environment and rapid discovery and reporting of potential threats and vulnerabilities. Unlike traditional audits, C.A.M. allows discovered vulnerabilities to be remedied immediately before the “bad guys” discover and exploit such security holes. Traditional IT Audits and Security Assessments address only short-term solutions that may become useless as soon as there is a change in the environment, no matter how minimal that change may be. The inevitable changes can introduce new security holes that were not detected by prior assessments. 360 GRC will help your organization shift resources and efforts to where it is most needed.
