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Governance, Risk, and Compliance (GRC)
A framework for managing an organization's overall governance, enterprise risk management, and compliance with regulations.
Understanding GRC Automation
GRC automation implements technological solutions to streamline and standardize governance, risk management, and compliance processes, reducing manual effort while improving accuracy and consistency.
Types of Automation
1. Process Automation
Policy management
Risk assessment
Compliance monitoring
Audit tracking
2. Control Automation
Control testing
Evidence collection
Reporting
Remediation tracking
Challenges and Considerations
Implementation complexity
Data accuracy
System integration
Cost management
Skill requirements
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