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What is GRC and why do you need it?

What is GRC and why do you need it?

July 12, 2017

Via: CIO
Category:
Governance, risk and compliance (GRC) refers to a strategy for managing an organization’s overall governance, enterprise risk management and compliance with regulations. Think of GRC as a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements.

A well-planned GRC strategy comes with lots of benefits: improved decision-making, more optimal IT investments, elimination of silos, and reduced fragmentation among divisions and departments, to name a few.

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