{"id":4602,"date":"2024-05-23T14:25:24","date_gmt":"2024-05-23T02:25:24","guid":{"rendered":"https:\/\/ostermanresearch.com\/2024\/05\/23\/logicgate-grc-report-2024\/"},"modified":"2025-03-10T11:31:39","modified_gmt":"2025-03-09T22:31:39","slug":"logicgate-grc-report-2024","status":"publish","type":"post","link":"https:\/\/ostermanresearch.com\/2024\/05\/23\/logicgate-grc-report-2024\/","title":{"rendered":"2024 GRC Strategies, Teams, and Outcomes Report"},"content":{"rendered":"\n<p>Osterman Research announces the publication of a new white paper &#8211;&nbsp;<strong>2024 GRC Strategies, Teams, and Outcomes Report<\/strong>. This white paper was commissioned by LogicGate.<\/p>\n\n\n\n<p>Governance, risk, and compliance is a team sport \u2014 in a league where no two teams look alike. This diversity in team structures, responsibilities, and program resources makes GRC benchmarking across organizations and industries challenging \u2014 and objectively evaluating your program strategy even more difficult.<\/p>\n\n\n\n<p>To better enable GRC leaders with a clear understanding of what \u201cgood\u201d GRC looks like, we surveyed 350 risk, cybersecurity, and compliance leaders worldwide about their program objectives, team structures, processes, and technology investments \u2014 and aligned responses to a maturity model to gauge their GRC program maturity and success.&nbsp;<\/p>\n\n\n\n<p>Key findings:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>GRC is a collaborative undertaking across multiple teams.<\/li>\n\n\n\n<li>All organizations have work to do to improve their GRC program maturity.<\/li>\n\n\n\n<li>Organizations spend an average of 1% of annual revenue on their GRC program.<\/li>\n\n\n\n<li>People and talent expenses represent 46% of the GRC budget.<\/li>\n\n\n\n<li>Budgets are staying the same or increasing for 80% of organizations.<\/li>\n\n\n\n<li>Using a single GRC software tool best helps with proactively managing risk.&nbsp;<\/li>\n<\/ul>\n\n\n\n<p>For details on how to get yourself a copy, please\u00a0<a href=\"https:\/\/ostermanresearch.com\/portfolio\/logicgate-grc-outcomes-2024\/\" data-type=\"jetpack-portfolio\" data-id=\"4014\">check out our portfolio<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a study of 350 global risk, cybersecurity, and compliance leaders, it was found that there is no universal formula for a successful GRC program. Rather, aligning strategy with business objectives and fostering collaboration, stakeholder engagement, and integrated systems are key. New white paper from Osterman Research; commissioned by LogicGate.<\/p>\n","protected":false},"author":384585,"featured_media":4072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[712027491],"tags":[712027509,712027511,712027514,712027515,712027522,712027526],"class_list":["post-4602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cybersecurity-reports","tag-compliance","tag-cybersecurity","tag-grc","tag-information-security","tag-research-reports-we-worked-on","tag-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ostermanresearch.com\/wp-content\/uploads\/2025\/01\/logicgate2025.jpg?fit=1100%2C360&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pcHAk4-1ce","_links":{"self":[{"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/posts\/4602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/users\/384585"}],"replies":[{"embeddable":true,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/comments?post=4602"}],"version-history":[{"count":2,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/posts\/4602\/revisions"}],"predecessor-version":[{"id":4721,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/posts\/4602\/revisions\/4721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/media\/4072"}],"wp:attachment":[{"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/media?parent=4602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/categories?post=4602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ostermanresearch.com\/wp-json\/wp\/v2\/tags?post=4602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}