GRC stands for governance, risk and compliance. Every organization has to manage a dynamic business environment coupled with evolving information technologies. This means meeting objectives, confronting uncertainty and conforming to both legal and internal regulations.
A GRC team establishes policies, provides security governance, evaluates risk, conduct audit and monitors compliance with the law. It offers a structured approach to aligning IT with business objectives. Through effective implementation of GRC, an organization can achieve ethical behavior while also achieving improved efficiency and cybersecurity.