Imagine an organization where everyone knows their roles, tasks are completed smoothly, and there’s a strong sense of trust and transparency. Meetings are productive, decisions are made quickly and fairly, and everyone is aligned with the company’s goals. This is what strong corporate governance looks like, supported by effective GRC (Governance, Risk, and Compliance) solutions.… Continue reading 10 Steps to Improve Corporate Governance
IBM OpenPages GRC Services | GRC Consulting – iTechGRC
Category: GRC
Rise of Social Engineering: Why Enterprises Should Worry about this in 2024? (Part1)
In the era of digitization and GenAI, social engineering is another rapidly rising cybersecurity threat that capitalizes on human vulnerabilities. CISOs and cybersecurity leaders are always on the lookout for emerging sophistication. Threat actors apply unique methods to make their attacks look more benign and convincing. In this two-part blog, we will unwrap social engineering… Continue reading Rise of Social Engineering: Why Enterprises Should Worry about this in 2024? (Part1)
Selecting the Best GRC Tools in 2024
Finding the right Governance, Risk, and Compliance (GRC) tools amidst numerous options can be overwhelming. However, selecting the best GRC tools is crucial for maximizing the efficiency and security of your organization. Implementing the right GRC tools brings several benefits: Enterprise-wide View: Gain an enterprise-wide view of assets and security challenges. Breaking Down Silos: Enhance regulatory compliance… Continue reading Selecting the Best GRC Tools in 2024
6 Steps to Implement Effective GRC Framework
Implementing a Governance, Risk, and Compliance (GRC) framework is essential for businesses aiming to streamline operations, ensure regulatory compliance, and mitigate risks. While the process may seem overwhelming, breaking it down into manageable steps can make the journey more effective and effortless. Here is a structured six-step roadmap for successful GRC implementation, ensuring your organization is well-equipped to… Continue reading 6 Steps to Implement Effective GRC Framework
How will the U.S. Elections impact AI Regulations?
What’s common between the Democrats and Republicans besides contesting for U.S. elections? The answer is both parties agree on guard railing AI! 2024 will be known for the global election marathon. AI is fueling the divide among the voters, and threat actors are weaponizing GenAI to spread misinformation. Amid the ongoing AI fever, what are… Continue reading How will the U.S. Elections impact AI Regulations?
Is Your GRC Framework Flawless?
Nearly half (49%) of surveyed corporate risk and compliance professionals identified standardizing risk and compliance frameworks across their organization as the key to reducing complexity and cost in the risk and compliance process. By integrating governance, risk management, and compliance seamlessly, a GRC framework offers more than just protection. It enables businesses to make informed… Continue reading Is Your GRC Framework Flawless?
Exploring Six Critical Challenges to GRC Implementation
Governance, risk, and compliance (GRC) refers to an integrated set of capabilities that enables an organization to achieve principled performance. The acronym was introduced in 2002 by the Open Compliance and Ethics Group (OCEG). In 2007, the International Journal of Disclosure and Governance peer-reviewed the term. In today’s digital age, the definition of GRC has… Continue reading Exploring Six Critical Challenges to GRC Implementation
TikTok Ban in the U.S.: Important Takeaways
For GenZs, TikTok is where the newest trends are set. Lately, the social media app has been trending, and the buzz has been about declaring whether it threatens user privacy and national security in the U.S. In this blog, we will discuss the reasons for the national security probe against TikTok, its legendary rise as… Continue reading TikTok Ban in the U.S.: Important Takeaways
AI-enabled fraud detection in GRC
Businesses are up against a massive challenge: fraud. The Association of Certified Fraud Examiners (ACFE) released a shocking fact stating that companies are losing about 5% of their earnings to fraud every year. That adds up to a global loss of approx. $4 trillion, a number that’s both shocking and a clear sign of how big the problem is.… Continue reading AI-enabled fraud detection in GRC
Impact of AI-Powered GRC Analytics on Businesses: From Data to Decision
Governance, risk management, and compliance (GRC) are the core parts of every organization. Yet, they share a common feature: they form a thick fog, limiting visibility, making paths harder to navigate safely, and increasing the threat of taking an incorrect turn. For several organizations, GRC analytics powered by artificial intelligence (AI) operates as a high-beam… Continue reading Impact of AI-Powered GRC Analytics on Businesses: From Data to Decision