Organizations continue to struggle with the implementation of advanced GRC and security compliance tools. Among the significant challenges is finding the right tool that fits their needs, especially when fulfilling regulatory requirements. Companies that do not have security specializations often lack the right experience and insight to evaluate compliance solutions and vendors of GRC and security compliance tools can make promises that aren’t fulfilled. These may lead to costly mistakes down the line for many organizations. This can be especially troublesome during assessment periods. And without the right expertise, businesses may accidentally purchase a tool that does not fully support their compliance needs.
Integration itself also poses a significant challenge for companies looking to adopt security compliance tools. Organizations have a tendency to underestimate how complex integrations can be, especially for security solutions for their existing systems and processes. Misalignment with your company’s true requirements can lead to data silos, inconsistencies in reporting, and growing issues in managing compliance. Rather than simplify your compliance process, a poorly implemented security tool may further introduce additional complications and vulnerabilities.
Moreover, many businesses likely lack the bandwidth to handle proper implementation, especially if they do not have in-house cybersecurity teams and/or compliance teams that will help dedicate the right resources. Even if they have internal teams, they may not have the right expertise to configure the tool correctly and align regulatory requirements to processes and controls unique to your organization. The process may then lead to incomplete or inaccurate compliance management, which results in longer audit processes. They also further lead to higher costs and increased regulatory risks. A structured approach to implementation, guided by experts, is necessary to overcome these challenges.