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Your GRC Journey in Five Important Steps

  • Your GRC Journey in Five Important Steps-

    Finally, as part of the strategy, the GRC program governance model should be clearly defined with accountabilities and frameworks for making decisions on the program itself. Implement "active," not "passive," governance, where the right key stakeholders such as IT, security, audit and risk management are engaged and aligned early on in the program.

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Your GRC Journey in Five Important Steps

  • 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14
  • Your GRC Journey in Five Important Steps-5

    Finally, as part of the strategy, the GRC program governance model should be clearly defined with accountabilities and frameworks for making decisions on the program itself. Implement "active," not "passive," governance, where the right key stakeholders such as IT, security, audit and risk management are engaged and aligned early on in the program.

Governance, risk, and compliance (GRC) as a means to reduce process redundancy, deliver risk intelligence, and improve business performance has captured the attention of leadership teams across the enterprise. GRC is also now embracing IT and security teams, often catching them unprepared to champion their unique requirements.

So, what’s the impact of GRC in terms of how we manage IT and security programs? The impact can be significant according to Yo Delmar, vice president of GRC Solutions, MetricStream; a GRC program can bring great benefits, or major woes, if not approached with the right goals clearly in sight. IT and security teams need to be actively engaged at the table, collaboratively shaping the GRC program scope in order to create real value.