The Benefits of Application GRC

⇨ Evaluate solutions that provide comprehensive functionality across platforms

⇨ Prepare for audit requirements related to systems connected to ERP instances

⇨ Look for opportunities to integrate access governance, monitoring, and cybersecurity capabilities

This year has seen many organizations face challenges brought on by the economic climate. Some have reduced staff, while others are putting projects on hold to reduce the need for capital expenditure. This is particularly true in the cybersecurity space as seen in our May 2023 report Cybersecurity Threats to SAP Systems. More than half of the survey respondents looked to reduce costs, put projects on hold, scale back planned investments, or even reduce staff in security teams.

Combined with this need to manage costs and limit unnecessary expenditure is a requirement to simplify how applications, processes, and data are protected. This is even more important for organizations focusing on transformation and moving workloads to the cloud. A significant number of organizations today achieve these goals using a combination of manual processes and multiple tools. Not only is this inefficient, but vulnerabilities can also potentially be overlooked by overworked or inexperienced staff.

Pathlock, previously known as Greenlight Technologies, recognized the challenges around protecting business applications and the data that is stored in them. They also understood that they did not have all the answers to those questions if they were going to deliver a platform to address these challenges. To achieve their vision, they brought together technology and capabilties from two other major players in the governance, risk, and compliance (GRC) and security spaces: Appsian and Security Weaver.

A year on from the merger, and following the additional acquisitions of SAST and CSI Tools, Pathlock is now positioning a way for organizations to fully automate their application governance and controls testing programs with a comprehensive suite of tools. These cover application access governance, continuous controls testing, and cybersecurity application controls.

Organizations today want to implement GRC and cybersecurity controls that provide consistent protection across both cloud and on-premise environments. They are also concerned about ensuring compliance and automating audit capabilities. What should organizations do to address these needs and ensure they are ready for future audit and compliance needs?
- Evaluate solutions that provide comprehensive functionality across platforms
- Prepare for audit requirements related to systems connected to ERP instances
- Look for opportunities to integrate access governance, monitoring, and cybersecurity capabilities