Tightening legislation and regulations, as well as an increase in security threats and the volume of data moving through and within the enterprise, are driving the need for a more proactive approach to governance, risk and compliance (GRC).
"Executive and senior management teams serious about thriving in an environment where a balance must be found between growing revenue streams and safeguarding the business, need to focus on a variety of GRC-related issues," says Paul Booth, an independent IT commentator.
Booth will chair the ITWeb Governance, Risk and Compliance 2014 Conference, which takes place in Johannesburg in March.
"A number of incidents in the recent past have highlighted the need to develop and drive comprehensive GRC strategies, among them the Snowden revelations, the impact of Prism and the signing of the POPI Act," adds Booth.
While in the past, many corporates adopted a 'tick-box' approach to GRC, recent surveys by various research houses indicate this is changing, resulting in a steady growth in the market. Among these is the Global Governance, Risk and Compliance Platform Market 2012-2016 survey, from TechNavio, which covered the Americas, the EMEA and the APAC regions. Its analysts expect this market to grow at a compound annual growth rate of 9.20% over the period 2012 to 2016, with a key contributing factor being a heightened demand for comprehensive solutions.
Speakers at the ITWeb GRC event, themed "Towards a risk-intelligence enterprise", will cover a range of GRC issues, including how to drive business value, measure risk, develop effective strategies, fulfil the requirements of current legislation and regulations, and build and sustain the necessary in-house competencies.
Registration for this annual ITWeb GRC conference and workshop is now open. Click here to find out more and take advantage of the early-bird offer.
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