An acronym for governance , risk , and compliance , GRC is a strategy to ensure a safe and reliable process of industry standards. This methodology seeks to manage risks, comply with regulations, and help keep an organization’s policies up to date. But what does it have to do with the LGPD? Find out in the text below.
Deciphering GRC
The idea behind GRC is to combine different guidelines under a single umbrella. In this way, the maintenance of diverse aspects becomes a single rule, which helps to increase efficiency, reduce the risk of non-compliance and overseas data information more effectively. Essentially, GRC is an integrated approach to ensure that a company achieves its business goals effectively and in compliance with all regulations.
GRC itself is not a law, but rather a set of best practices that ensure consistency and security. However, there are standards that attest to the requirements recommended by the market, such as ISO 37000. Establishing 11 basic principles, the standard guides them as a way to achieve three results: effective performance , responsible management and ethical behavior.
Applying the LGPD
When we approach GRC within the scope of the LGPD, it is possible to identify some practices that help in the effectiveness of the process. Since one of the jeri goldberg of GRC addresses governance (a defined set of rules that a business can use to achieve its objectives), using already established standards is not difficult. Therefore, the LGPD can work together with GRC, especially in two aspects: risk management and compliance .
Risk management
In the area of risk management, it is necessary to identify and assess the risks associated with the processing of personal data. This may include carrying out data protection impact assessments (DPIAs) to understand potential risks and implement measures to mitigate them.
Compliance
Compliance within GRC involves chine directory that all company practices are in line with the LGPD. This includes continually reviewing privacy policies, conducting internal audits, and maintaining detailed records of how personal data is processed. The idea is that your company is ready to respond to requests from data subjects and ensure that their rights are respected. This not only avoids penalties, but also helps to reinforce customer trust.