Increased regulatory requirements, the need for transparency, and the desire to better manage and mitigate risks have combined to make Governance, Risk, and Compliance (GRC) top of mind for both business and Information Technology (IT) executives. Business managers and IT security managers must work collaboratively and continuously to control access and authorization, guarding against fraud and mistakes, while providing the clear visibility that is prerequisite for sound corporate oversight to ensure profitability and compliance.
The Aberdeen Group research paper GRC Strategies - Finding the Right Balance of Business and IT, demonstrates that both business and IT GRC initiatives are continuing to grow in relevance and provides key recommendations for companies seeking to transform business processes to reduce costs, improve governance and compliance, while mitigating and managing risk.
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