Forbes October 25, 2024
Venky Yerrapotu is the CEO and Co-Founder of 4CRisk, an award-winning AI company specializing in advanced products for risk and compliance.
Integrated governance, risk and compliance (GRC) burst on the scene over 20 years ago. It promised visibility, alignment and agility to leadership teams that were struggling to create accountability in programs that either did not exist or were so siloed across privacy, policy regulatory affairs, compliance, IT, security, audit and third-party management teams. For those leaders, it was impossible to get a clear picture of the actual risk status of their organizations.
Effectively managing risk—from both an upside opportunity perspective and a downside threat of adverse events—was the knife-edge leaders needed to walk to gain competitive advantage, as we...
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