What Is GRC? Governance, Risk, and Compliance Explained
BMC
DECEMBER 23, 2024
The OCEG (formerly known as “Open Compliance and Ethics Group”) states that the term GRC was first referenced as early as 2003, but was mentioned in a peer reviewed paper by their co-founder in 2007. GRC as an acronym stands for governance , risk , and compliance , but the term GRC means much more than that.
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