Published: September, 2009 - Success in today's dynamic business environment requires the organization to integrate, build, and support business process with an enterprise view of risk and compliance. Without a new approach to risk and compliance, the scattered and non-integrated risk and compliance approaches of the past fail and introduce greater risk and regulatory threats to the business. A sustainable enterprise view of risk and compliance is one in which accountability is effectively managed and the business has a complete system of record - providing visibility to assess across a multiplicity of risk and compliance issues. This is supported today by technology that allows for the direct integration of controls within business systems to prevent and/or detect unwanted behavior. Business now requires that governance, risk, and compliance (GRC) controls be integrated into business processes, systems, and applications.
