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Recent financial upheavals have resulted in a wave of increased regulations, and organizations are facing increasingly stringent government scrutiny and audit requirements. As a result, companies across the spectrum must implement an effective IT governance, risk and compliance(GRC) framework.
Organizations, from small and mid-sized companies to global enterprises, are affected by changing and new regulatory requirements. Additional challenges are presented by globalization, information protection requirements, business partnerships, heightened transparency expectations, and external reporting obligations.
To perform in this highly complex business environment, IT teams must turn their IT GRC processes into strategic assets. Effective IT controls cannot only help organizations pass audits and assessments, but can also reduce operational risk exposure through improved processes.
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