Defense Contractor Seals Critical GRC Loopholes to Earn Visibility into Risk & Vulnerability
The company regularized its business processes & achieved enhanced executive-standard visibility into risk and security.
In spite of their impressive track record of victory in offering state-of-the-art products and solutions by gathering, processing, and interpreting data from customers, suppliers and employees a top defense contractor had substantial loopholes in many critical dimensions concerning GRC- governance, risk, and compliance.
Just like multiple other companies, they had tried to control a labor-intensive spreadsheet route for risk valuations. This made it virtually difficult to measure analysis and record evaluation results. The absence of automatic reporting ability caused hardships for their leadership to catch an accurate view of the risk status. The vulnerability control team didn’t have any way to ensure answerability and well-timed remediation of glitches.
They were also facing trouble establishing how their GRC technique was integrated into the necessary plans, processes, and controls. Furthermore, as a government contractor, they dealt with several federal directives and standards that include NIST 800-171.
Solution:
The company had approached VLC Solutions to seek help for two significant objectives: regularizing the company’s business processes and attaining greater executive-standard visibility into those risk-exposed aspects. They were on the lookout for a cloud-based solution, adhering to the stringent GovCloud security mandates while also offering the agility and variety required to cope with different practical work practices with a strong vision of risk evidence.
In order to fulfill these objectives, they implemented VLC GRC solution:
The company deployed coherent content to generate a mutual control framework. This enabled them to synchronize management-level policies and procedures with an employee-level risk evaluation and other tracking and observation activities. They were also able to automate NIST 800-171 evaluations using VLC GRC’s agile records-centric evaluation question archive.
Employing our end-to-end integration, the company greatly enhanced the management’s visibility into exposed vulnerabilities and facilitated opportune remediation by the Information systems team. VLC GRC’s highly flexible data model assisted the company in guaranteeing a legal foundation within all of the company’s policies, processes, standards, and evaluation undertakings.
Results:
Deploying the VLC GRC’s solutions shaped many quick victories for the company. They now own a centralized structure that eradicates process layings-off, takes away legal, and control coverage speculation. It also helps them line up teams to increase work-class, gratifies audit needs, and ensures calm and easy onboarding of forthcoming regulatory terms while completely negating re-engineering or revision.
Moreover, they also added an automated risk evaluation procedure that fulfills audit necessities, supports a top- industry’s collective control framework, and empowers risk players to scrutinize the risk vulnerabilities more effortlessly and recognize systemic control enhancements.
The security unit also owns a threadwork of accountability, thus enabling them to monitor the evolution of vulnerabilities and remediation against service-stage goals. The company also owns a principal work-board to observe ad-hoc hazards detected by different means and craft leadership responsiveness for proper risk conduct. The days of physically tracking, monitoring, and reporting with spreadsheets are luckily far behind.
Reach out to us today to gain a clear understanding of how we can help you build your risk strategy.