The R of GRC represents Risk. Risk represents potential consequences of non-compliances. Potential consequences represent priority risk areas. Priority risk areas demand timely remediation or mitigation action. Timely remediation or mitigation is highly achievable through effective automated workflows customised for each area of risk.
Mere awareness of statutory penalties is not adequate to address Risk. Reach out to us @FlaggGRC Ventures LLP to understand more about the R of our GRC programme.
Visit https://flagggrc.tech to know more!