A lack of integration between risk, compliance, and audit data continues to impede the ability of many companies today to detect and respond to new and emerging risks, according to a recent survey from Compliance Week and GRC software provider Riskonnect.
Out of nearly 200 global compliance, risk, and audit executive respondents, 56 percent said their organization’s data is stored across multiple internal and external sources, while 24 percent said data is siloed across the organization and difficult to pull together. Just 16 percent said their data resides in one centralized location where they have an integrated view of compliance, risk, and audit metrics.
