Summary
This report presents an analysis of the evolving role of Governance, Risk, and Compliance (GRC) in 2025, emphasizing its transition from a cost center to a strategic business driver. It outlines key findings from a survey conducted by Wakefield Research involving 300 U.S. IT and security professionals, highlighting that 96% believe GRC is gaining prominence. The report details the challenges faced by GRC teams, including the complexity of compliance frameworks and the demand for automation to alleviate manual workloads. It discusses the impact of artificial intelligence on GRC functions, noting that while 100% of companies anticipate increased AI usage, only 10% feel fully prepared to manage it. The report also identifies trends such as the 'Shift Left' approach in compliance processes and the necessity for organizations to mature their GRC practices to enhance business growth and trust. Overall, the document emphasizes the importance of GRC in driving strategic initiatives and improving operational efficiencies.
