GRC is the integrated approach to governance, risk management and compliance aligning organizational strategy with uncertainty management and obligations.
GRC coordinates corporate governance (organizational direction), risk management (uncertainty identification and treatment) and compliance (adherence to laws and regulations). ISO 31000, ISO 37301 and ISO 27001 provide the auditable components of the GRC framework.
No. GRC is an approach integrating multiple ISO standards. It is built by combining ISO 31000, ISO 37301, ISO 27001 and others as needed.
Reduces control duplication, improves risk visibility, facilitates simultaneous multi-standard compliance and optimizes resources.
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