Governance, Risk, & Compliance
The State of The Industry 2024
A note from the CEO
NAVIGATING AN INCREASINGLY COMPLEX GRC LANDSCAPE
As we continue navigating an increasingly complex governance, risk, and compliance (GRC) landscape, this report provides a timely and valuable overview of the challenges and innovations shaping our future.
In the face of technological innovations and evolving regulatory frameworks, maintaining integrity, transparency, and accountability in both the public and private sectors has never been more critical.
The past year has seen significant developments, including new legislative obligations, increased scrutiny on integrity activities, and emerging risks in the wake of Artificial Intelligence. Our GRC State of the Industry 2024 delves into these issues, offering expert analysis on how to best respond to these challenges while maintaining good governance. Whether it’s the impact of the National Anti-Corruption Commission or the tightening of fraud and corruption controls, this report serves as a key resource for entities striving to uphold and strengthen their GRC practices.
As we look ahead, the focus remains on proactive compliance, risk management, and innovation in governance. Organisational GRC practices will need to adopt forward-thinking strategies to meet the demands of a more connected world. The challenges are real, but so are the opportunities for those who are ready to innovate.
We invite you to use the insights from this report to strengthen GRC practices within your organisation and stay ahead of the curve.
TIM CANHAM
CEO, Torque Software