Summary

At the beginning of this chapter, we learned that governance is the guidance from stakeholders (board of directors or senior leadership) to put the processes and practices in place to optimize (not eliminate) the risk and comply with external and internal compliance obligations. Then, we looked at the key ingredients of a successful GRC program, including sponsorship, stewardship, monitoring, and reporting. We concluded this chapter by understanding the ISACA COBIT framework for a GRC program implementation and its relationship with ITIL and providing a primer on cybersecurity domains and the NIST CSF. Now, you should be well equipped to start conversations regarding a GRC program implementation and speak about its value with the senior leaders in your organization.

In the next chapter, we will switch gears and learn about the CRISC practice areas and the ISACA mindset to answer the CRISC exam questions.