The world is a much more complicated place than it was just a few years ago. Increasingly, organisations across all verticals are becoming IT businesses insofar as technology-based solutions are becoming increasingly core to day-to-day operations.
One of the consequences of increasing adoption of technology is the level of exposure that organisations have to technology risks, including technology risks associated with third party suppliers and, in turn, their suppliers.
Additionally, the early 2020s have presented exceptional and impactful events (a pandemic and war) and the overall business environment is changing as all things related to ESG (Environment, Social and Governance) increase in importance.
In this context, it is becoming increasingly important for organisations of all kinds to appropriately understand and manage technical and operational risks. This report discusses the role that Governance, Risk and Compliance (GRC) platforms might play.