Dictionary Term

Governance, Risk, and Compliance


Governance, Risk, and Compliance (GRC) is a field of business management that oversees high-level governance, risk management, and legal compliance of an organization. Because of how frequently tasks and interests in each area overlap in the day-to-day operations of a business, the three respective fields of GRC have merged into one.

Sources :

http://www.neupart.com/resources/grc-defined.aspx http://searchfinancialsecurity.techtarget.com/definition/Governance-Risk-and-Compliance http://en.wikipedia.org/wiki/Governance,_risk_management,_and_compliance

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