7.6. Conclusion
Of the areas within corporate governance, IT GRC is among the most challenging and important. The IT infrastructure is generally a key element of critical business processes, and any failure in that infrastructure can have a significant impact on corporate activity. Therefore, IT governance must be tied in with all other governance initiatives. Its role will continue to increase as more processes and controls become technology-enabled.
IT is a major component in the unified, consistent approach to compliance. As new regulations come out, if you have automated controls already in place, compliance may be facilitated by mapping regulations to existing controls. Increased agility and reduced compliance costs can serve as a competitive ...
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