What is a Successful GRC Measurement Program?
An effective GRC measurement program recognizes critical risks and applies controls where they will have the most significant impact. Success measurement is considered the absence of an event such as:
- A regulatory change invalidating a product line
- A successful network breach
- A critical system failure
Developing the measurement strategy and program is a distinct project that requires sufficient time and resources allocated to it for success. The development process begins with analyzing three areas: enterprise objectives, maturity objectives, and operational objectives.