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Amy Cravens, research manager for GRC and ESG at analyst firm IDC, anticipates significant market growth in 2024 and 2025 “as companies prepare for regulatory requirements and perhaps suffer ramifications of compliance failures resulting from insufficient tech enablement.” So getting specific is important.”
Outside of significant cyber events, in the past those discussions had been delegated to the audit committee to ensure compliance with Sarbanes-Oxley and similar regulatory requirements. Historically, KPI read-outs to the board tend to be more financial in nature and include more lagging indicators than leading ones.
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