Strengthen Risk Management with GRC Cybersecurity
Establish security governance, strengthen your risk profile and continuously improve for ongoing compliance.
Why your business needs GRC cybersecurity
An ever-evolving threat landscape, reduced budgets and limited risk awareness make it challenging for organisations to keep up with complex contractual and regulatory requirements. GRC cybersecurity combines consulting, testing and managed security services to help you reduce risk exposure and ease resource constraints.
Create a risk and compliance security baseline
We utilise globally recognised security frameworks including NIST, ISO27001 Security Standards, and PCI DSS to establish a security baseline and measure improvement efforts. Analyze your security posture and proactively identify gaps to reduce security incidents.
Establish governance and strengthen security
Our security improvement program uses an information security management system (ISMS) framework to help you identify and protect your critical assets. Establish security standards and policies that create technical and operational improvements.
Optimise established security processes
Augment your existing security capabilities with our managed security services, like penetration testing, end-point detection and vulnerability management. Use KPI and KPR monitoring to improve continuously with the support of our security advisory consultants.
Monitor continuously for ongoing compliance
Enjoy 24/7 SIEM monitoring and alert management to detect, analyse and quickly respond to cyber threats. Our monitoring solutions track and investigate incidents in real-time before sending them to experts for review.
The cyber-GRC ecosystem
Build an effective GRC cybersecurity program that enhances risk management without increasing your internal workload. Augment and optimise your security team with our in-house solution and dedicated team of experts.
“Lumen Security Advisory Consultants provided oversight and daily management, working closely with our decision-makers to ensure compliance with data protection and privacy laws, as well as align business objectives with a proactive risk management strategy.”
Asia-based global real estate firm
Learn more about Lumen GRC Cybersecurity
What are Lumen GRC Cybersecurity services?
Our GRC Cybersecurity offerings include:
- Security advisory & consulting services – Our certified in-house consultants and engineers provide hands-on support for establishing governance, risk, and compliance standards in alignment with established security frameworks.
- Supplier risk management – Identify, assess and profile your suppliers based on their business sensitivity and access level to sensitive data.
- Cybersecurity awareness training – Train and prepare your employees to protect assets and information with our Phishing Simulator for Cybersecurity Awareness and KnowBe4™ Cybersecurity Awareness Training.
- Vulnerability scanning – Three-part vulnerability scanning service that includes dark web, technical and web application scans.
- Penetration testing – Network penetration testing and application penetration testing conducted several times a year.
Vulnerability assessment and penetration testing services from Lumen empower customers
to do more than simply check boxes for compliance. From extensive vulnerability scans of networks and applications systems to complex social engineering attacks and simulated manual hacking, we prime customers to protect against future threats through powerful solutions.
You can also access our managed security services to enhance your threat detection and shrink your attack surfaces further.
How does Lumen GRC Cybersecurity work?
Lumen GRC Cybersecurity is built on the principles of “see more, stop more”. We combine technology and human expertise to help you identify gaps in your risk management profile, improve monitoring and meet compliance requirements.
Your GRC journey with us begins with a deep assessment of your current security posture. We collaborate with your security team to establish the current security baseline and identify a strategic approach to security improvements, management and oversight.
Once the baseline is established, we customise a security enhancement program that ensures you meet all your legislative, contractual, and regulatory obligations and improve continuously. We augment your security functions through managed security services, such as Managed Vulnerabilities-as-a-Service (MVaaS), Managed Endpoint Detection and Response (MEDR), Security Log Monitoring(SLM), and Incident Response.
How do Lumen GRC Cybersecurity consultants help?
Our certified in-house experts compare your existing security measures against internationally acceptable security frameworks such as NIST, PCI DSS, ISO27001 Security Standards, Monetary Authority of Singapore (MAS), Australia’s state-based cybersecurity policies, APRA CPS234 and more. They use the Cybersecurity Resilience Assessment Platform, powered by our technology partner, Secure Forte. The patented SaaS solution includes built-in intelligence that enhances assessment focus, automatically verifies responses, and reduces assessment time. For example, your consultant can provide:
- Detailed comparison against various standards and frameworks.
- Security oversight of all subsidiaries with their own unique security posture and risk profiles.
- Assessment reports for audits.
GRC Cybersecurity FAQs
What is GRC Cybersecurity?
GRC is an acronym for governance, risk management and compliance. GRC Cybersecurity is a systematic approach to aligning IT security with your organisation’s business objectives. It includes technologies and processes that help you manage risks and meet all industry regulations reliably and with confidence.
Governance represents rules, policies or frameworks that define an organisation’s security responsibilities. In practical terms, it establishes internal mechanisms for the appropriate storage, management, and access of an organisation’s data.
Risk or risk management helps businesses identify and prevent security risks in all aspects and business processes. Risk management mechanisms identify scenarios that cause potential business interruption, significant financial losses or other legal implications. The goal is to minimise, if not eliminate, the risk altogether.
Compliance means implementing procedures that ensure all business activities comply with applicable industrial, legal and contractual obligations. However, meeting minimum standards is not enough. Cyber GRC compliance goes beyond the letter of the law to embracing its spirit, so your organisation, customers and partners are comprehensively protected.
What are the four components of GRC?
Governance, risk management and compliance are the three main areas of GRC focus. However, each of these domains further consists of four essential components — strategy, technology, processes and people.
- Strategy is the overall plan under which individual GRC practices are implemented.
- Technology includes critical solutions that automate steps and make GRC implementation efficient.
- Processes are the cultural practices that encourage compliance at every level.
People are the relevant stakeholders who implement the strategy by leveraging the technology and following the processes.
Insights and Resources
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