Developing Key Risk Indicators in GRC

Trusted risk management program by Lazarus Alliance  

Organizations in regulated industries can’t just meet security standards; they need to predict them one, three, or five years down the road. The ability to predict, measure, and manage risks is becoming a core competency, and Key Risk Indicators are foundational to this effort.

Key Risk Indicators, when properly developed, empower organizations to move from reactive compliance postures to proactive governance strategies. This article outlines the methodology and value of developing effective KRIs within the domains of governance, risk, compliance, and cybersecurity, especially for decision-makers shaping enterprise security programs.

 

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