Entity: GRC
GRC (Governance, Risk, and Compliance) is an integrated collection of capabilities that enable organizations to achieve objectives, address uncertainty, and act with integrity. It involves managing governance, risk, and adherence to regulations.
GRC
Etymology
The acronym GRC stands for Governance, Risk, and Compliance.
Definition
GRC is a comprehensive framework that encompasses governance, risk management, and compliance to help organizations achieve their objectives and ensure adherence to regulations.
Historical Context
GRC has evolved as a discipline to synchronize information and activities across governance, risk, and compliance to operate more efficiently and effectively report activities.
Cultural Significance
In popular culture, GRC has been humorously referred to as a 'Giant Raping Cat' in a fictional context.
Related Concepts
GRC is closely related to IT alignment with business goals, risk management, and technological innovation.
See Also
A comprehensive framework that encompasses governance, risk management, and compliance to help organizations achieve their objectives and ensure adherence to regulations.