Why do many companies perceive GRC as a negative initiative?

#Risk and #compliance managers, security professionals, management consultants, tactical managers, HSEQ professionals, and project managers – all are convinced of the importance of #GRC. It is apparent to them on a daily basis.?But what about the board of directors and top management?

Three observations demonstrate why GRC is viewed as a negative initiative, as well as how examining GRC through the lens of these observations can disclose some signs as to why top management has yet to recognize GRC's potential value.

Continue reading>>

---------------------------------------------------------------------------------------------------------------

Software Selection Guide

What is the procedure for purchasing software in your company?

Instead of adopting a standard RFP to choose providers, learn how to draft a better RFP. Use this guide to gain useful software selection recommendations to help you with your business management software review.

Download Guide>>

---------------------------------------------------------------------------------------------------------------

The Latest News from GPRC (Governance, Performance, Risk, and Compliance)

Governance

• European Parliament approves Data Governance Act - Read more
• EY Global Integrity Report 2022: Governance can help reimagine corporate integrity - Read more
• TikTok abides with EU data governance plan with Irish data center - Read more
• Compliance, risk management, audit weaknesses of banks, says RBI's MK Jain - Read more

Performance

• Public sector: Better and faster: Organizational agility for the public sector - Read more
• Employee performance: Mastercard to tie all employee bonuses to meeting ESG goals - Read more

Risk

• Financial risk: Australia welcomes further guidance on improving climate-related financial risk management by banks and supervisors - Read more
• IRM: CDB urges integrated risk management for C'bean countries to be able to pursue SDGs - Read more

Compliance

• GDPR: Danske Bank fined $1.5M for data processing failures under GDPR - Read more
• Data privacy: Google Analytics targeted by EU legislation - Read more
• Regulatory compliance: RBI penalizes Axis bank, IDBI bank for non-compliance with regulatory norms - Read more
• SMCR: FCA's SMCR investigations halve, despite extension to almost 50,000 firms - Read more
• Data breach: Over 42 million people in the UK had financial data compromised - Read more
• Information security: LinkedIn was the most exploited brand in phishing attacks last quarter - Read more
• FinCrime: The KPMG report Ten key regulatory challenges of 2022 - Read more
• Cybersecurity: FCA reports 52% jump in security incidents - Read more

----------------------------------------------------------------------------------------------------------

Dive in for more – and?subscribe to our newsletter, so you never miss a post!

? Corporater | All rights reserved.

Corporater offers a single platform and integrated solutions for Governance, Performance, Risk, and Compliance (GPRC).

www.corporater.com