Think of GRC as a structured approach to aligning IT with business objectives, while effectively managing risk and meeting compliance requirements.
However, GRC should not be limited to just Information Security & Technology. GRC applies to your organizations overall Organizational Risk Management approach. GRC experts at Peak InfoSec work to keep the focus on the whole business.
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.
The decision-making, resource and portfolio management, risk management, and regulatory compliance functions included in a GRC framework will not be effective unless the organization’s executive leadership really supports cultural change.
GRC can be implemented by any organization – public or private, large or small – that wants to align its IT activities to its business goals, manage risk effectively and stay on top of compliance.