Gartner Research

Definition: Governance, Risk and Compliance

Published: 13 May 2015

ID: G00276150

Analyst(s): John A. Wheeler, Khushbu Pratap, Paul Proctor

Summary

GRC enables the simplification, automation, and integration of enterprise, operational, and IT risk management processes and data. Risk and security professionals should use Gartner's definition for GRC to structure GRC goals, functions and requirements to make better-informed risk-based decisions.

Table Of Contents
  • Key Challenges

Introduction

  • Definition
  • Attributes

Analysis

  • Use Gartner's GRC Definition to Structure GRC Goals, Functions and Requirements to Make Better-Informed Risk-Based Decisions
    • IT Risk Management
    • Operational Risk Management
    • IT Vendor Risk Management
    • Business Continuity Management Planning
    • Audit Management
    • Corporate Compliance and Oversight
    • Enterprise Legal Management
  • Summary
  • Appendix
    • Gartner GRC Market Segments

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.