Three Quarters of Risk Managers Say: ‘Improve Oversight’

More than three quarters of governance, risk and compliance (GRC) professionals surveyed said there was a need to improve overall risk oversight in 2016.

According to MetricStream’s global survey of 200 GRC professionals, which focused on the major challenges and trends affecting businesses such as geopolitical risks and cyber security, 76.2% of respondents cited risk oversight as a key driver for investment in GRC.

Very few GRC pros a decade ago would have been concerned with new business initiatives in the slightest, instead focusing their efforts on protecting their company from a compliance point of view. Now they have to be more proactive and have a far broader business view.