Resources

The allure of GRC technology lies in the promise of accelerating processes and cutting costs. However, the path to implementation is full of hurdles that can negate these benefits. With insight into these challenges, companies can transform their GRC adoption into a strategic advantage. In today's landscape, where regulatory demands are in constant flux and IT risks are on the rise, a well-defined GRC strategy is essential for effective risk oversight. It's vital to harmonize methodologies, technologies, and processes with the company's core objectives.

The federal government's embrace of cloud computing has made FedRAMP compliance crucial for cloud service providers (CSPs) wanting to engage with government agencies. As of October 2023, 318 cloud services providers have made their way into the FedRAMP Marketplace, and more are in the process. However, the journey to FedRAMP authorization is challenging, going beyond checklist completion and automated tools support. It involves getting past the documentation hurdles and resource demands to steer through the FedRAMP authorization process.

What is the critical path to managing cyber threats effectively in your business? Cybersecurity risk management provides the strategic framework that safeguards your digital assets from the growing burden of cyber attacks. In this article, we'll review the critical processes of threat identification, risk analysis, and tactical mitigation that are essential for the robust protection of your business.

Federal Risk and Authorization Management Program (FedRAMP) compliance represents a significant milestone for cloud providers. Achieving Authority to Operate (ATO) opens the door to the large Federal market, but often leads to the discovery of extensive technical debt resulting in lost revenue and extended timelines.

Increasing numbers of healthcare organizations are choosing SOC 2 to safeguard their data privacy and ramp up information security. This move does more than just create a robust trust foundation, it helps ensure that protected health information (PHI) is safeguarded, to support business and service continuity. Service Organization Control Type 2 (SOC 2), is a cybersecurity compliance framework that was developed by the American Institute of Certified Public Accountants (AICPA). This security framework is based on five Trust Services Criteria (TSC): security, availability, processing integrity, confidentiality, and privacy.  

The paradigm shift towards Governance, Risk, and Compliance (GRC) tools is remapping the landscape of healthcare governance. These sophisticated platforms empower healthcare providers with enhanced capabilities to manage and mitigate risks while seamlessly increasing confidence in compliance management. With multiple frontrunners, including ZenGRC from RiskOptics, GRC provides a centralized solution that stands out by building the organizations' efficiency to achieve and demonstrate mature HIPAA GRC compliance. Sensitizing organizations to the pivotal nature of risk reduction, GRC HIPAA compliance software positions companies to reduce risk and have confidence in their compliance management so they can thrive under stringent regulatory demands.

A pioneering healthcare administrative services organization (ASO) recognized the need to increase cybersecurity visibility to protect its clients' Protected Health Information (PHI). To meet the Health Insurance Portability and Accountability Act (HIPAA) and Service Organization Control 2 (SOC2) compliance, they decided to outsource this critical task to Steel Patriot Partners, a leading cybersecurity operations, engineering, and compliance firm. Steel Patriot Partners successfully guided them through the process and achieved SOC2 Type 2 and HIPAA with no findings.