Efficiency and cost savings
Part of the answer lies in having sufficient situational awareness and intelligence to avoid overinflating risks, meaning security measures can be appropriate and proportionate.
Another way to reduce the cost of risk lies in having the right mix of in-house resources with outsourced capability – outsourcing can be more cost effective in certain situations. Efficiency can be improved by simplifying internal processes, automating more manual activity and reducing the number of disparate IT systems involved with security.
Being one single, comprehensive and integrated system, GlobalRiskManager can support all of these initiatives and ultimately save you money.