What are the requirements for creating a GRC plan for your organization?

Requirements for creating a GRC plan for your business

Risk management has advanced a lot in the 21st century. In the past, we all associated it with buying the insurance, and that was it, but now businesses are starting to focus more on their internal risks. Today, we’re seeing regulations being put in place that forces certain businesses into compliance. These are an effort to eliminate scandals and protect investors. The line between risk management and compliance has become quite blurry since it has become a legal requirement. However, think of it like this. When you are failing to…