As emerging risks pop up and new regulations go into effect, how does your organisation handle them? The answer should be “with a robust GRC programme”. GRC includes your organisation’s rules, practices, processes, and accountability measures (governance), identifying and mitigating potential threats (risk management), and adherence to applicable laws, regulations, and industry standards (compliance) — ideally working in tandem to achieve organisational goals.
As a risk management professional, your role in all this is like being the scout on
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