Tag: Compliance
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What is IRM (Integrated Risk Management) and how it is different than GRC (Governance, Risk Management and Compliance)?
Integrated Risk Management (IRM) and Governance, Risk Management, and Compliance (GRC) are related but distinct concepts. While GRC focuses on ensuring that an organization operates within the bounds of applicable laws and regulations and manages risks in a compliant manner, IRM takes a more comprehensive and integrated approach to risk management. Governance, Risk Management and…