09/14/2011

Why do we need GRC? Five Forcing Functions - Video!

Why do we have governance, risk, and compliance? Many write it off as a marketing term, assuming there is no need for it in organizations that already have internal audit, enterprise risk management, and information security. Oh, if it were only that simple…

Rather than write an extensive post on the subject, let’s try something a little more interactive – a video! Here’s my input on why GRC is so important supported by an overview of the 5 forcing functions of governance, risk, and compliance. Enjoy!

 

Sep 14, 2011 5:03:08 PM | Governance, Risk and Compliance, governance, risk, compliance, security, controls, infrastructure, GRC, GRC, Information Governance, Information Security Risk Management, IT GRC, Risk Manangement

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GRC Forcing Function: The Digital Universe EMC has been sponsoring the annual IDC Digital Universe Study for five years – and we’ve been saying the horrendous growth in information is one of the main Five Forcing Functions driving growth and adoption of GRC. The 2011 Digital universe Study is in – and the numbers will shock you. Here's a taste: Digital information in the world is doubling every two years
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GRC Fundamental Component: Risk Ontology At the heart of GRC is adopting a coordinated, coherent approach to risk management across the organization, and core to that objective is developing and adopting a risk ontology.

Yo Delmar

A MetricStream exec with a passion for Governance, Risk and Compliance

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