Don’t you love the use of abbreviations? Often before you learn what the abbreviation stands for you have to read to the end of the story completely dazed about what it is the writer is trying to say. So let’s not do that: GRC stands for Governance, Risk and Compliance. These three functions are important to all organizations. Wikipedia define GRC as ‘an increasingly recognized term that reflects a new way in which organizations can adopt an integrated approach to these three areas.’

Read the complete article on the IT GRSC Blog:

http://itgrsc.blogspot.com/2010/08/to-grc-or-not-to-grc-that-is-question.html