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What Is GRC? Governance, Risk, and Compliance Explained

BMC

GRCGovernance, Risk, and Complianceis one of the most important elements any organization must put in place to achieve its strategic objectives and meet the needs of stakeholders. In GRC, risk management ensures that the organization identifies, analyses, and controls risk that can derail the achievement of strategic objectives.

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What Is GRC? Governance, Risk, and Compliance Explained

BMC

GRCGovernance, Risk, and Complianceis one of the most important elements any organization must put in place to achieve its strategic objectives and meet the needs of stakeholders. In GRC, risk management ensures that the organization identifies, analyses, and controls risk that can derail the achievement of strategic objectives.

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IRM, ERM, and GRC: Is There a Difference?

Reciprocity

Organizations typically bought insurance to avoid the losses these risks could cause, thus “transferring” the risk to the insurance company. 2002-2007): Financial reporting, Sarbanes-Oxley Act (SOX) compliance, and their related IT controls. Rasmussen sees the GRC development timeline as follows: GRC 1.0

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What is COBIT? COBIT Explained

BMC

Ensures the use of IT effectively and innovatively to align with strategic business goals. COBIT is often used by strategic teams and people responsible for audit and compliance IT organizations who want to demonstrate that they meet an externally defined standard What is it mainly used for?

Audit 52
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What is COBIT? COBIT Explained

BMC

Ensures the use of IT effectively and innovatively to align with strategic business goals. COBIT is often used by strategic teams and people responsible for audit and compliance IT organizations who want to demonstrate that they meet an externally defined standard What is it mainly used for?

Audit 52