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Quantumbastions

Governance, Risk and Compliance Services

Protect your business from internal and external risks, meet regulatory compliance, and improve your corporate governance with GRC services by Quantumbastions.

What is an example of governance risk?

An example of governance risk is lack of transparency between different stakeholders of an organisation. It could lead to serious issues, such as lower accountability to protect systems and data, unethical behaviour, and trust issues.

Governance, risk, and compliance (GRC) is a framework that organisations use to manage corporate governance, cybersecurity risks, and compliance with applicable rules and regulations.

Modern businesses use many systems in their operations and deal with an enormous amount of data. Failing to protect critical systems and sensitive business and customer data from internal and external threats is dangerous. You may face data breaches, operational delays, regulatory fines, and reputational loss.

 

Here’s why you need Quantumbastions GRC services:

 

  • MCS Risk reduction: With an effective GRC program, you can identify, fix, and manage business risks such as security vulnerabilities, internal threats, etc. before they cause any harm. This helps you protect your confidential data and systems.
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  • MCS Efficient operations: Optimise resource allocations, roles and responsibilities, and business plan to improve operational efficiency and achieve business goals with GRC.
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  • MCS Stay compliant: GRC helps you track and manage compliance risks to keep your organization aligned with applicable laws, standards, and regulations. This avoids non-compliance fines and reputation loss.
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  • MCS Cut down costs: A good GRC plan helps you cut down unnecessary costs on recovering from cyber threats and paying non-compliance penalties. Better governance also helps you save your resources that you can invest in profitable causes.
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  • MCS Reputation: Data breaches and longer legal proceedings tarnish your business reputation before customers, partners, investors, and regulatory bodies. GRC helps you apply strategies to protect your business from threats and reputation losses.
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