The importance of compliance controls cannot be overstated. Having the right compliance framework is important not just to management, but to the regulatory bodies as well. The biggest compliance penalties are usually levied on banks which…

The law of diminishing returns, which states that after a certain point adding resources only gives marginal value, is certainly true for risk and compliance management. Organizations that try to improve compliance levels and risk mitigation by increasing risk and compliance…

The Pareto Principle, which states that 80% of the results are generated from 20% of the efforts certainly applies to regulatory change management. Regulatory experts spend an inordinate amount of time doing work that is a…

Businesses at the implementation phase of GRC technology should consider multiple factors when choosing the right solution for the organization. This includes cost, functionality, efficiency, ROI, and several other similar factors. One very important factor that…

We live in an era where data has become one of the biggest commodities. Some of the biggest businesses in the world achieved success by using data. Any business that wants to get more out of…

It may be possible to temporarily improve compliance monitoring through increased oversight, but to truly improve compliance and embed it into the DNA of the organization it is important to work on the compliance framework within…