IDC's Governance, Risk and Compliance Services program provides C-level executives and security service providers with insights into how to effectively measure and quantify cybersecurity risk and compliance for their respective impact to the business, whether service or software. Tying this all together with a governance services and software view ensures that every component of these programs is operating optimally and continuously. A derivative of enhanced risk and compliance is trust.
Holistic governance, risk, and compliance (GRC) services and software solutions enable organizations to manage risk across a broad range of enterprise risk domains and/or enable these risk domains to be managed by qualified cybersecurity services providers. Cybersecurity GRC is a subsector of holistic GRC and focuses on all aspects of cybersecurity risk and compliance across the enterprise. Cybersecurity GRC consists of numerous capabilities and activities that are required to identify, catalog, track, analyze, monitor, and report risks and compliance deficiencies required to enhance performance and be compliant with laws, regulations, industry standards, and organization policies. This program will aid cybersecurity firms to engage organizations on cybergovernance, risk, and compliance; privacy and trust; and market/position cybersecurity service offerings strategically and align to business objectives and outcomes.