What is GRC Governance Risk and Compliance?

Understanding GRC Governance Risk and Compliance

GRC Governance, Risk, and Compliance refers to an integrated approach to aligning IT and business strategies while effectively managing risks and meeting regulatory compliance. Governance ensures strategic direction and policies, risk management identifies and mitigates threats, and compliance ensures adherence to laws and standards such as GDPR, HIPAA, or SOX. Implementing GRC frameworks helps organizations maintain accountability, reduce risk exposure, and streamline audits.