Three things to know about GRC

Governance

This refers to the establishment and enforcement of policies, procedures, and controls within an organization to ensure compliance with relevant laws, regulations, and industry standards. Infosec professionals need to understand the governance framework, including roles and responsibilities, decision-making processes, and accountability mechanisms.

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Risk Management

Risk management involves identifying, assessing, and mitigating risks that could potentially impact the organization's information assets and operations. Infosec professionals should have a strong grasp of risk assessment methodologies, risk treatment strategies, and the implementation of controls to mitigate identified risks effectively.

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Compliance

Compliance refers to adherence to laws, regulations, contractual obligations, and internal policies. Infosec professionals need to understand the compliance requirements specific to their industry, such as data protection regulations (e.g., GDPR, CCPA), industry-specific standards (e.g., PCI DSS, HIPAA), and international frameworks (e.g., ISO 27001). They should be familiar with compliance frameworks and the processes involved in monitoring, auditing, and reporting compliance.

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