RSA, The Security Division of EMC, recently released key findings from the RSA Archer GRC Executive Forum held in June, during which governance, risk and compliance (GRC) leaders from 34 leading corporations discussed enterprise risk management strategies and best practices.
Key Findings of the RSA Archer GRC Executive Forum
Top executives say GRC Programs must better align to strategic priorities to meet board needs. The results affirm the earlier Carnegie Mellon CyLab 2012 Governance Report.
Some key findings
- Mounting and multiplied business risks due to growing regulatory requirements and greater business complexity.
- The need to align GRC to business priorities to get organizational leaders on board.
- Moving away from a siloed GRC program to one which is unified to make enterprise-wide risk assessment.
It was noted that the shift towards increased regulatory and compliance requirements is being observed across Asia Pacific and Japan as well, with organizations looking to better calibrate their risk assessment frameworks and set guidelines for assessing organisation risks.
The need for business continuity management programs is also gaining traction, with the occurrence of natural disasters in Japan and Thailand prompting organizations to reassess their risk environment.
Read the press release below for more details.
