Accorian’s Multi Compliance Framework (AMCF)
Streamline Compliance Management with an
Integrated Framework
Streamline Compliance Management with an Integrated Framework
Staying compliant is challenging, but managing multiple frameworks is even harder. Research shows nearly 70% of service organizations handle at least six compliance frameworks, often facing overlapping standards, siloed processes, and limited resources. This leads to compliance overload and audit fatigue.
Why do You Need AMCF?
The implementation of a Accorian’s Multi Compliance Framework (AMCF) streamlines this complexity by unifying and standardizing controls from various regulations within a centralized framework. This strategy minimizes redundancies, improves risk mitigation, reduces audit expenditures, maximizes resource utilization, and enhances brand credibility, ultimately streamlining and optimizing compliance procedures.
The Importance of AMCF
Balancing Multiple Frameworks
Ensuring adherence to various compliance frameworks while staying updated with evolving standards and new versions.
Achieving Readiness
Across Stages
Achieving Readiness Across Stages
Effectively navigating different levels of readiness to achieve and maintain comprehensive compliance.
Combatting Audit Fatigue
Streamlining processes to reduce the strain of working with multiple audit firms for distinct standards.
Optimizing GRC Management
Holistically managing Governance, Risk, and Compliance (GRC) programs by focusing on key metrics that drive meaningful results.
AMCF Components
Framework of Controls
It comprises a meticulously organized collection of controls derived from diverse regulations, standards, and industry best practices.
<span data-metadata=””><span data-buffer=””>Harmonization Database
It aligns and maps controls from varied sources, revealing commonalities, overlaps, and conflicts. Its primary function is to identify convergence or divergence among controls from different regulations or standards, simplifying the creation of a unified approach to compliance.
<span data-buffer=””>Mappings and Relationships<span data-metadata=””>
AMCF offers in-depth mappings and relationships between controls, regulations, standards, and frameworks. These mappings illustrate how specific controls address multiple compliance requirements, providing organizations with insights into the interconnections and dependencies among various regulations.
<span data-buffer=””>Compliance Reference Architecture<span data-buffer=””>
It serves as a reference model outlining the structure and relationships among different elements of compliance, such as controls, requirements, assets, and processes. This architecture helps strategically design and implement a cohesive compliance program.
01
Build Your Global
Control Framework
Integrate various frameworks within your Accorian’s Multi Compliance Framework (AMCF) to harmonize with your organization’s Standard Operating Procedures (SOPs), workflows, and tasks. Enhance accountability by automating task assignments to the appropriate stakeholders. Enhance evidence collection efficiency by integrating a GRC tool seamlessly with external platforms such as SaaS and CSPs.
02
Continuously Monitor Your Security Posture Using the
GRC Tool
Utilize the audit console within the GRC tool to monitor task completion, collect evidence, evaluate the current security status in real-time, and facilitate audit processes. Accorian’s vSecurity Team conducts thorough reviews of evidence, readiness monitoring, delivers comprehensive reports, and extends advisory assistance to uphold effective GRC governance.
03
Consolidate Your Existing Certification Audits / Assessments Dates
Consolidating certification events streamlines the utilization of gathered evidence, enhancing efficiency in the process. Bridge letters play a pivotal role in aligning certification dates, promoting better coordination, and minimizing delays. This synchronization optimally refines the certification workflow, ultimately boosting the efficacy of compliance management.
Efficient Compliance Across
Multiple Security Frameworks with Accorian
Efficient Compliance Across Multiple Security Frameworks with Accorian
Identify Applicable Standards and Frameworks
Determine all relevant security standards and frameworks based on your industry, geography, and nature of operations. Identify commonly used frameworks like ISO 27001, NIST, SOC 2, CIS Controls, GDPR, HIPAA, HITRUST, etc.
Perform Gap Analysis
Evaluate your existing security measures against the requirements of each standard/framework. Identify areas where your current security practices fall short of meeting the requirements of these standards.
Create Unified Framework
Leverage tools or methodologies like the Accorian’s Multi Compliance Framework (AMCF) to map controls across different standards and identify commonalities. Align controls from multiple standards into a cohesive framework that meets most requirements.
Implement Controls and Best Practices
Focus on high-priority controls that are common across multiple standards. Tailor controls to address specific nuances or additional requirements of each standard if necessary.
Regular Assessments and Audits
Conduct regular security assessments against the unified framework. Perform audits to ensure compliance with individual standards and frameworks.
Continuous Improvement and Adaptation
Use audit findings to continuously improve security measures and adapt to changing compliance landscapes. Keep track of updates and revisions in standards and frameworks and integrate changes into your unified framework.
Explore Compliance Tools and Solutions
Utilize specialized compliance management software that can assist in tracking, managing, and reporting compliance with multiple standards. Leverage automation for routine compliance tasks and reporting.
The Solution
- The institution adopted AMCF methodologies and tools to harmonize controls across different regulations.
- By using AMCF-based compliance management software, they mapped controls from various financial regulations onto a unified framework.
- AMCF facilitated the creation of a comprehensive control structure, enabling the institution to identify overlaps and streamline compliance activities.
Pivot To True Security
Solving the compliance and certification challenge is only the first step. GoRICO empowers organizations to understand, attain, and sustain true security
Continuous Compliance Monitoring
A single platform solution to understand your true security compliance, maturity, and posture.
A unified platform to manage and monitor multiple security programs.
Fully customizable GRC solution designed to look beyond automated controls supporting cloud-native, hybrid, and on-premises environments.
Translate your policies, procedures, and SOPs into actionable periodic tasks that match your business requirements.
Access real-time security scores and gain a comprehensive understanding of your company’s current security posture at any time.
Security Standards
Security Frameworks
Privacy Regulations
& many others
Accorian’s AMCF Leadership
AMCF compliance involves more than just meeting standards; it encompasses implementing strong security measures to safeguard critical systems and sensitive data. Accorian’s MCF specialists possess extensive experience in assisting organizations with the adoption and upkeep of cybersecurity frameworks customized to their unique requirements. They are adept at pinpointing vulnerabilities, enhancing current protocols, and harmonizing procedures with AMCF standards to bolster resilience against emerging threats and fortify security measures well beyond mere regulatory compliance.
Why Choose Accorian?
Accorian simplifies your compliance efforts by consolidating multiple frameworks into a single with Accorian’s Multi Compliance Framework (AMCF). This integration enables streamlined management across various regulatory requirements. We customize and incorporate your organization’s existing SOPs, workflows, and tasks into the framework, ensuring a smooth implementation process. Our methodology includes automating task allocation to stakeholders, enhancing accountability and efficiency while minimizing manual oversight.
Furthermore, Accorian utilizes advanced Governance, Risk, and Compliance (GRC) tools to incorporate third-party systems for automated evidence collection. This integration facilitates smoother audits and compliance tracking. We guarantee ongoing compliance by continuously monitoring and evaluating your security posture with real-time insights and periodic reviews. This approach reduces complexity and maximizes your resources for sustained success in the long term.