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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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Following the Great Recession, regulators began requiring enhanced disclosure about risk and corporate governance. They evaluate their vendor and partner communities to identify the third parties they depend on the most and map them to the business risks, controls, and testing that rely on them. Imagine the contagion there.

Banking 98
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Why Buying SaaS GRC Software Is a Smart Investment

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But developing, implementing and maintaining a robust corporate governance, risk management and regulatory compliance program requires resources. Whether or not an organization implements a GRC solution to help, managing all the various factors and influences that affect modern business processes inevitably requires a GRC strategy.