==G.R.C. Governance, Risk, Compliance==

G.R.C. compliance ensures that IT aligns with business goals, manages risks and meets compliance requirements.

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Governance: involves setting policies and procedures, guiding how to operate and make decisions, defining goals, assigning roles, ensuring actions align with the mission and values and promoting accountability, transparency, and ethical behavior. Risk management: identifies, evaluates, and addresses threats such as financial uncertainties, cybersecurity threats, operational issues, and regulatory non-compliance. It minimizes the impacts of unexpected events, protects resources, enables smooth operations, and supports decision-making. Compliance: entails following relevant laws, regulations, standards, and policies. It ensures the organization operates legally, enhances reputation, credibility, and trust, and helps avoid legal problems and obtain necessary certifications and licenses.