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IRM, ERM, and GRC: Is There a Difference?

Reciprocity

As a result, we now have: Enterprise risk management (ERM). Governance, risk management, and compliance (GRC). Integrated risk management (IRM). Integrated risk management (IRM). Exactly how do these approaches to risk management differ from one another? And where does ERM fit into that debate? (And

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What Is an Integrated Risk Management Approach for an Organization?

LogisManager

There are many different terms for integrated risk management (IRM); GRC (governance, risk and compliance), as well as ERM (enterprise risk management) are two acronyms commonly used interchangeably with IRM. But there are slight differences between integrated risk management and other acronyms.