Authored on: Aug 06, 2012
RSA, The Security Division of EMC released key findings from the RSA Archer GRC Executive Forum it hosted recently, where governance, risk and compliance (GRC) leaders from 34 leading corporations discussed enterprise risk management strategies and best practices.
A dominant theme from the forum's executive participants was that corporate boards of directors are taking note of GRC demands and are now looking for greater visibility into the risks that could negatively impact their organizations.
Corporate boards are also looking for assurances they're basing risk decisions on trusted information - risk assessments validated by multiple sources within their organizations.
To provide corporate directors the visibility and trust assurances they're looking for, forum participants said GRC programs must mature from compartmentalized risk efforts, demarcated by function, geography or business unit, to a unified view that facilitates enterprise-wide risk management and compliance.