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What Is GRC? Understanding Governance, Risk, and Compliance
Governance, risk, and compliance, often called GRC, is a blanket term that describes the strategies and technologies used to manage an organization’s compliance with regulatory mandates and corporate governance standards. The concept of GRC can be traced back to 2003, but the topic was first extensively discussed in a peer-reviewed paper by Scott L. Mitchell, published in the International Journal of Disclosure and Governance in 2007. This guide discusses what GRC is and what it…
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