Governance, Risk, and Compliance (GRC)
Synovum offers comprehensive services to help organisations navigate the complex landscape of Governance, Risk, and Compliance (GRC).
By leveraging its deep expertise, Synovum provides tailored solutions that align with an organisation’s specific needs and relevant regulatory requirements.
Synovum assists organisations in developing and implementing robust GRC frameworks that integrate governance practices, risk management strategies, and compliance measures into a cohesive system.
This holistic approach ensures that all aspects of an organisation’s operations are aligned with its strategic goals while effectively managing risks and complying with relevant regulations.
Governance
Synovum excels in aiding organisations in the realm of cyber governance by establishing comprehensive frameworks that align cybersecurity efforts with overall business objectives.
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With a deep understanding of industry standards and regulatory requirements, Synovum assists in developing robust policies, procedures, and governance models that ensure cybersecurity is embedded into the corporate governance framework.
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This includes defining clear roles and responsibilities, setting up effective oversight mechanisms, and establishing a governance structure that supports strategic decision-making and accountability in cybersecurity.
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Moreover, Synovum provides continuous support and expertise to ensure that the cyber governance frameworks remain effective and adaptive to the evolving threat landscape. This involves regular audits, compliance checks, and updates to governance policies to reflect the latest regulatory changes and cybersecurity best practices.
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Risk
Synovum supports organisational risk management efforts by providing tailored strategies and solutions to mitigate potential threats. Their services start with comprehensive risk assessments that identify and evaluate an organisation’s unique cyber threats.
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By conducting thorough analyses of current security measures, vulnerabilities, and potential impacts, Synovum creates detailed risk profiles that inform the development of customised risk management plans. These plans encompass a variety of protective measures, including advanced threat detection, robust incident response protocols, and continuous monitoring systems.
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Synovum's approach ensures that organisations are not only prepared to defend against cyber threats but are also equipped to respond effectively in the event of a security breach.
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By leveraging Synovum's expertise, organisations can significantly reduce their exposure to cyber risks, ensuring the protection of sensitive data and maintaining business continuity. This proactive and adaptive approach to cyber risk management helps organisations stay ahead of potential threats, safeguarding their operations and reputation in an increasingly digital world.
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Compliance
All organisations have some obligation to comply with standards, frameworks, or legislation, which may be statutory, regulatory, contractual, or legal.
​An increasing number of organisations are choosing to comply with and be certified against one or more industry frameworks or standards. Compliance/certification provides confidence to an organisation’s customers, suppliers, and shareholders that the organisation takes the security of any information-held organisation seriously.
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​Many different frameworks and standards exist to support or mandate cyber security and/or data privacy compliance; examples are ISO/IEC 27001, NIST’s CSF & Special Publication (SP) 800-53, the Payment Card Industry Digital Security Standard (PCI-DSS), the EU’s General Data Protection Regulations (GDPR), the Centre of Internet Security's (CIS) critical security controls, and the UK's IASME Cyber Assurance standard.
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​Depending on an organisation's requirements, Synovum can work with it to provide an initial compliance assessment and create an action plan for organisations to comply with any chosen framework.