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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. These organizations use various parameters to categorize their vendors and partners, including the financial or regulatory impact that vendors can have on their organization. However, it should never replace it.

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Why Buying SaaS GRC Software Is a Smart Investment

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Cloud-based solutions also make sense for GRC – especially in the context of the COVID-19 pandemic. Organizations need to achieve their business goals reliably (governance), while addressing uncertainty (risk management), and acting with integrity (compliance). That’s time and money that might be better spent elsewhere.