2024 IT Risk and Compliance Benchmark Report

By Hyberproof

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Our survey results revealed that more companies than ever are viewing GRC as a holistic process and taking steps toward getting a complete view of their risk environment and regulatory obligations. Centralizing strategy, unifying risk and compliance data, and revamping the approach to cybersecurity are becoming more popular strategic objectives among respondents, especially with the rise of AI technology dismantling barriers and fostering collaboration among various GRC functions. This means the criteria for which GRC technology is being evaluated against in the purchase cycle is rapidly expanding.

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