Through discussions with clients & other industry professionals, and review of regulatory updates & announcements, these governance, Risk & Compliance (GRC) topics are on trend for 2024.
1 | Control Optimization in SOX
Many companies do not revisit their methodology and can get a direct ROI from this activity.
2 | Cybersecurity Updates
Increasing digital complexity and connectivity highlights the importance of updates to how companies enforcing their cybersecurity policies.
3 | Global AI Regulations
New EU regulations related to AI technology are expected to be finalized in Q1 2024. The regulation affects any companies that have (or will have) business in the EU.
4 | Compliance
Companies will be building better compliance programs with smaller budgets.
5 | ESG (Environmental, Social, Governance)
U.S. companies will become more accountable for sustainability efforts and disclosures, driven by pending or approved ESG regulations. Those who embrace ESG as a mindset versus an obligation will come out on top with both stakeholders and customers.
