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GRC - Governance, Risk and Compliance

GRC - Governance, Risk and Compliance

CYBERSECURITY DICTIONARY

GRC - Governance, Risk and Compliance

GRC is an organization's coordinated strategy for managing the broad issues of corporate governance, enterprise risk management, and corporate compliance with regard to regulatory requirements.

It describes technology platforms and business processes applied to monitor, inform, and manage an organization's: 1) governance relative to specific legal, contractual, internal, social, and ethical parameters, 2) compliance with relevant industry regulations, and 3) comprehensive risk management efforts.    

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