TECH SUPPLIER Jan 2022 - Market Perspective - Doc # US48618621
PRM (Political Risk Management): The Next Important Acronym in GRC?
This IDC Market Perspective highlights the potential to include political risk in the GRC framework. As frameworks evolve and political risk analysis modernizes, there is an increasing possibility for the inclusion of political risk in the GRC platform. With political risk holding the potential to alter the global economy, it is critical that businesses include these considerations in their business resiliency planning.
"The risk universe is changing in the aftermath of the COVID-19 pandemic, and companies are more cognizant in including external risks in their GRC frameworks," says Amy Cravens, research manager, Governance, Risk, and Compliance at IDC.
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