Page 279 - Cyber Defense eMagazine Annual RSA Edition for 2024

Once a holistic GRC solution has been implemented, the benefits become clear almost immediately.
Because holistic GRC allows risk professionals to illustrate risk and security challenges using the
language of business, it becomes far easier for organizational leaders to see a return on their investment.
Generating the necessary buy-in can be a challenge, but once an organization adopts a more holistic
approach to GRC, they don’t look back.

Making GRC a critical part of business decisions

As the technology needed to handle GRC in a holistic manner has become more widely available, a
growing number of organizations are shifting the way they handle risk and compliance. For risk,
compliance, and security professionals, those changes are almost universally positive, allowing them to
more effectively gauge how changing variables will affect the organization’s overall risk posture. The
ability to leverage holistic GRC to illustrate the business impact of certain decisions enshrines GRC as a
critical element of the decision-making process, ensuring that risk stays front of mind for organizational
leaders. While generating the buy-in needed to shift the organization’s approach to GRC can be a
challenge, the return on investment for doing so is both swift and significant.

About the Author
Matt Kunkel is the CEO and Co-Founder at LogicGate, a SaaS platform that
operationalizes Regulatory, Risk & Compliance programs for organizations.
Prior to LogicGate, he spent over a decade in the management consulting
space building custom technology solutions to run regulatory, risk, and
compliance programs for Fortune 100 companies. He has raised ~10 million
dollars in capital funding and has led the company through both rapid
headcount and customer growth.

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