New Research Highlights Growing Need for Holistic GRC, 33% of Organizations Cannot Proactively Manage Risk

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LogicGate Report shows 59% of organizations using a single centralized GRC solution strongly agree they can effectively manage risk–– compared to just 15% of organizations using two

CHICAGO, May 21, 2024 /PRNewswire/ — LogicGate, the holistic GRC experts delivering leading GRC solutions for cyber, governance, risk, and compliance leaders, today unveiled the results of its 2024 GRC Strategies, Teams and Outcomes Report, conducted by independent third-party firm Osterman Research. The research revealed that one in three organizations surveyed are not currently able to proactively identify, assess, and mitigate risk with their GRC program, nor are they able to ensure compliance with regulations and frameworks––both key aspects of a mature, holistic GRC program. This leaves considerable room for growth as organizations continue to recognize that centralized GRC practices lead to positive business outcomes.

“Security, risk, and compliance needs look different for every organization depending on their industry and applicable regulations, among other factors,” said Matt Kunkel, LogicGate co-founder and CEO. “However, our research identified a common factor across optimal…

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