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Key takeaways
- Evolving legal landscape. Organizations must adapt to rapidly changing regulations to prevent compliance failures and reputational risks.
- Key GRC challenges. Data privacy, cybersecurity, content moderation and intellectual property compliance are major governance, risk and compliance concerns.
- Barriers to GRC implementation. Lack of resources, leadership and technology complexity hinder organizations from achieving GRC-related goals.
- Role of technology in GRC. AI, analytics, cloud solutions and biometric security are crucial for automating compliance and risk management.
- Future of GRC. The industry is shifting towards automation, advanced analytics and integrated platforms for proactive risk mitigation and compliance.