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Governance, Risk & Compliance

Governance Risk & Compliance (GRC)

GRC unifies your security governance, risk management, and regulatory compliance into one managed program, with audit-ready evidence for SOC 2, ISO 27001, ISO 42001, NIST CSF, and CMMC.

  • SOC 2 · ISO 27001 · CMMC
  • Continuous control monitoring
  • 40% faster to certification

What is Governance, Risk & Compliance (GRC)?

Governance, Risk, and Compliance (GRC) is an integrated framework that aligns an organization's security governance, risk management, and regulatory compliance obligations into a single, managed program.

For SaaS companies, startups, and SMBs, a managed GRC program replaces fragmented spreadsheets and manual processes with automated evidence collection, continuous control monitoring, and audit-ready reporting, supported by Virtual (vCISO) Services to meet today's complex cyber risks while aligning with industry best practices, regulations, and compliance mandates.

If you're still managing Cybersecurity, Governance, Risk, and Compliance in spreadsheets or task-management tools, with manual, time-consuming reporting, then a Managed GRC Service eliminates that overhead and cost.

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Automate your Compliance and Risk Workflows

Automate Risk Management and Compliance

Accelerate the governance of your Cybersecurity Risk & Compliance program on one Platform with frameworks to help your business align its information security, compliance requirements, risk and controls with your business objectives.

Perform Control Assessments across multiple frameworks

Perform Control Assessments across multiple frameworks

Implement and assess new security frameworks, such as SOC2, ISO 27001, PCI DSS, CMMC, and others. Easily access templates that include a framework’s requirements and controls to assess including access to our Virtual CISO advisory services

Your security risks and controls data, posture and maturity in one place

Centralize Risk Assessments and Risk Management Processes

Adopt and manage leading risk management frameworks and strategies through risk assessment and mitigation. Consolidate all risk data, control implementations, and compliance measures in a single platform, facilitating streamlined monitoring and effective management of enterprise risks.

Develop, manage and communicate Policies and Procedures

Develop, manage and communicate Policies and Procedures

Security assessments always involve an auditor’s review of your company’s current security policies, incident response plan, business continuity plan, privacy policies, and other documents. Develop and integrate policies and procedures into one place so the latest versions of company policies and key documents can be communicated automatically.

Management Third-Party and Supply Chain Risks

Manage Third-Party and Supply Chain Risks

Manage all of your vendors and easily assess vendors’ security and compliance posture -- all within one platform. Maintain a central register of critical vendors, including contracts, vendor risk assessment questionnaires, and internal control activities to mitigate vendor risk. Assess each vendor’s security and compliance posture through customizable questionnaires. Easily leverage questionnaire responses as evidence of compliance measures.

Certification Readiness and Audit Management

Certification Readiness and Audit Management

Workloads have increased exponentially in the recent years as customers make heavy demands of their vendors to provide security assurance. Our GRC Platform can help to reverse this alarming trend and prevent burnout by automating and streamlining common workflows allowing you to collaborate seamlessly for your SOC2 and ISO27001 certification readiness and Internal/External Audits.

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Frequently Asked Questions

Frequently Asked Questions about Governance, Risk & Compliance (GRC)

Governance, Risk, and Compliance (GRC) is an integrated framework that aligns an organization's security governance, risk management, and regulatory compliance obligations into a single, managed program. Instead of tracking policies, risks, and audit evidence across disconnected spreadsheets, GRC consolidates them so leadership can make security and risk decisions with a clear, real-time view of the business.

Compliance is one part of GRC. Compliance means meeting the requirements of a specific framework or regulation, for example SOC 2, ISO 27001, or PIPEDA. GRC is the broader operating model that connects compliance to governance (who is accountable and how decisions are made) and risk management (which threats matter and how they are treated), so compliance becomes the outcome of a managed program rather than a once-a-year scramble.

A managed GRC program typically includes: (1) governance structure, security policies, and accountability; (2) risk assessment, a risk register, and remediation tracking; (3) control mapping to frameworks such as SOC 2, ISO 27001, ISO 42001, NIST CSF, and CMMC; (4) continuous control monitoring and automated evidence collection; (5) audit-ready reporting; and (6) third-party and vendor risk management, delivered alongside Virtual CISO (vCISO) leadership.

If you are managing governance, risk, and compliance in spreadsheets and email, a GRC platform usually pays for itself by replacing manual evidence collection with automated, continuous control monitoring and audit-ready reporting. For SaaS companies, startups, and SMBs pursuing SOC 2 or ISO 27001, a managed GRC platform plus vCISO oversight is typically faster and lower-cost than building the program in-house.

A GRC platform is the system that holds your governance, risk, and compliance program; a Virtual CISO (vCISO) is the security executive who designs and runs it. GRC tooling automates evidence and monitoring, while the vCISO sets strategy, prioritizes risk, owns framework readiness, and reports to leadership and auditors. IRM Consulting & Advisory provides both as a single managed service.

IRM's GRC programs map controls to the frameworks most relevant to SaaS and small and medium businesses, including SOC 2, ISO 27001, ISO 42001 (AI management systems), NIST CSF, NIST AI RMF, CMMC, GDPR, HIPAA, PCI-DSS, and PIPEDA. Controls are mapped once and reused across frameworks to avoid duplicate effort.

A managed GRC program helps you win bigger deals by answering enterprise security questionnaires quickly, achieve SOC 2 or ISO 27001 certification on schedule, lower cyber-insurance premiums with documented controls, reduce data-breach risk, and give your board and investors clear, audit-ready risk reporting, without hiring a full in-house compliance team.

Timelines vary by scope, but an experienced vCISO can typically take a SaaS company from fragmented spreadsheets to SOC 2 Type II or ISO 27001 certification readiness in approximately 6 months, at roughly 40% less cost than a full-time hire, with continuous monitoring in place early in the engagement.

If you are interested in our Cybersecurity Consulting Services, please set an appointment with us so we can thoroughly discuss your needs.

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