KCM is KnowBe4 Compliance Manager and GRC is Governance, Risk, and Compliance. The GRC tool ensures that there is adequate governance and management of internal systems and processes to support business operations. Many businesses in different sectors follow certain security standards to show that they take necessary action toward physical and cyber security. For example, HIPAA, PCI-DSS, GDPR, and ISO27001 are a few security standards. Businesses follow these to either meet regulatory expectations or gain customer trust. Businesses prove that they are meeting these expectations by performing IT audits. Imagine having a list of 200+ requirements to put in place and there is no proper process or structure to do so. We would end up using a lot of spreadsheets to maintain and track, what is being implemented and what is not. Spreadsheets get tedious during audit times if mishandled. To avoid this issue, KnowBe4 has launched the KCM GRC tool. It enables you to take those 200+ requirements and delegate them to the right person in the security team. It also determines how often it needs handling.
There are 2 more modules of KCM GRC. They are:
Vendor Management: Helps businesses ensure that their vendors are secure to do business with them. It streamlines the process by housing all the information in a single platform. You get to choose which information you need from the vendor. It maintains a repository of all your vendor information. Risk Management: Deals with the overall risks of the business. Helps you identify the applicable risks to your business. It determines the likelihood of the risk occurring to them. And also determines the impact of the risk on the business. So, the business would be able to show what they are doing as a part of risk mitigation.Wrap Up
As a business entity, ask yourself these questions:- Do we have any compliance regulations or standards that we need to align with?
- Wouldn’t be easier to have a tool to organize our compliance efforts?
- Do we know and manage how secure our vendors are?
- Do we know the applicable risks & possible impacts we carry for our business ?
ABOUT SNS
Secure Network Solutions (SNS) provides a quantifiable, risk-based approach to building a global structure of cyber security infrastructure based on internationally recognized frameworks and practices. We have been providing services and catering to clients across industries for the last 22 years. Write to us at [email protected] or visit us at www.snsin.com. 
