The old ways of implementing security and compliance mandates are no longer acceptable and the risk of high profile breaches has never been greater! Establishing a GRC program within an organization is not a simple task and it’s also not a new concept. Companies have been focused on improving compliance and managing risk for years. Since GRC programs have many moving parts, organizations are looking forward to implementing an overarching vision of how things fit together to maximize value. However, with increased pressure on budgets, fewer resources and increasingly frequent audits, organizations today, are in need to find new ways to close security loopholes and reduce the window of vulnerability, speed remediation, and reduce the time and effort required to remain compliant. To add to the difficulty, the environments they manage are often widely distributed and subject to multiple regulatory requirements and internal audit requirements and must adapt to changing business needs.

To achieve this, a siloed approach towards GRC sector with well-structured and visible risk reporting frameworks which can improve accountability and communication should be implemented. One of the key GRC challenges that organizations face today is gaining a consolidated view of risk, compliance and internal controls across the enterprise. This is when the role of a GRC consultant is inevitable, these consultants not only help the vulnerable companies to detect risks well in advance, but also provide effective and expert solutions to reduce costs, strengthen decision-making capabilities and improve business performance. Moreover, a strong GRC discipline can enable them to integrate inefficient and isolated programs, processes and systems into effective and efficient enterprise-wide, risk-based internal control structures.

The current edition of Consultants Review brings to you “25 most Promising GRC Consultants in India”. The list accentuates some of the most outstanding GRC consultants in the industry who are capable of leading their clients towards excellence by supporting them beyond advisory level. The proposed list aims to help entrepreneurs and corporate leaders to choose the felicitous consulting partner who suits their specific requirements and help them gain efficiency.