
We start the engagement with our Illuminate | Risk assessment. Through this process we perform a robust review of your existing GRC model, tooling, capabilities and practices. The final result is a detailed report documenting findings and a rating of your GRC's effectiveness and capability.

During the Illuminate | Revamp phase of the engagement, we focus on findings identified during the assessment and build a comprehensive improvement strategy. Remediation plans are created for the findings and enhancements are designed. We provide guidance as your GRC implements the improvement plan.

The engagement wraps up with a scheduled reassessment called,
Illuminate | Results. After your organization finishes implementing the improvement strategy, we verify the quality and effectiveness of the enhancements and validate that the new controls are effective.

On an annual basis, High Lumen Consulting can revisit your GRC organization and perform a new assessment, the Illuminate | Refresh. Through this process, we help to refine your GRC strategy and support your continuous process improvement efforts.
Industry research shows that companies with strong, integrated GRC functions are half as likely to fail compliance audits, miss high severity risks and experience a data breach. Hyperproof research found that a company without a mature, unified Governance Risk & Compliance function is roughly 1.7 to 2 times more likely to suffer a data breach than one with an integrated GRC program.
2-Pager Overview of TechRisk Revamp (pdf)
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