GRC

GRC stands for Governance, Risk, and Compliance. It is a framework that helps organizations manage and align their activities related to governance, risk management, and compliance with regulations and industry standards.
Governance refers to the overall management and decision-making processes within an organization. It involves defining and implementing policies, procedures, and controls to ensure that the organization operates effectively and in accordance with its objectives.
Risk management involves identifying, assessing, and mitigating risks that could affect the organization's ability to achieve its objectives. This includes analyzing potential threats and vulnerabilities and implementing measures to minimize or eliminate them.
Compliance refers to adhering to applicable laws, regulations, and industry standards that govern the organization's operations. This includes ensuring that the organization meets legal and regulatory requirements and follows best practices and ethical guidelines.
The GRC framework provides a systematic approach to managing these three interrelated areas. It helps organizations to establish processes, implement controls, and monitor performance to ensure that they operate in a compliant and risk-aware manner while aligning with their strategic goals. GRC frameworks often involve the use of technology and automation to streamline and improve these processes.

[@sosobrandcollection8348]

Good explanation

[@happinessyoung1318]

You are so excellent at explaining this GRC. Governance as you rightly said, set of rules, regulations, and procedures a company has adopted that employees, vendors, or whoever will have access to their data/information "must" follow (Compliance) in other to avoid the risk of being breached by threat actors or being penalized for not following what the law says.

[@vback4238]

Great job explaining this!!!

[@simplydel2433]

Thank you lady

[@techiegz]

G = Governance is basically org-level policies encompassing internal and external factors that the org has to adhere to including but not limited to regulations, frameworks, laws, internal controls, etc in support of business objectives.
R = Risk: Risk management practices to ensure that the org stays within governing risk appetite and manages risk tolerance or deviations within an acceptable level.
C = Compliance ensures and measures adherence to governance requirements, such as regulatory compliance, security and privacy compliance, etc. Here is where tools come into play to implement and measure how compliant the org is over time as well as point-in-time snapshots.

[@LisaOfficiallyLive]

This is too good. We need more videos please! Thank you so much for sharing your knowledge with us. ❤stay blessed

[@joanaahiaku3782]

Your explanation makes me understand things practical. please help me with more videos.

[@DarnellB932]

Great video!!! Keep them coming!!!!

[@ammar779]

Thank you so much you made it clear for me.

[@2finz]

Thanks for throwing more light on this ,please can you talk abt what is require for you to become a third party risk assessor and the frameworks to learned .thanks

[@ThePunchUPnetwork]

I did an interview with Ferrari 😢. I don’t think I did well 😩

[@lindatenkorang1065]

Did you get the job

[@1538186]

@worklifecyber i reached out via email multiple times please find some time to check.