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How to Increase the Value of Your GRC Platform with Risk Identification and Quantification

Publisher IDC
Published Jun 06, 2022
Length 14 Pages
SKU # IDC17223352

Description

How to Increase the Value of Your GRC Platform with Risk Identification and Quantification

This IDC Market Perspective explores different risk quantification methodologies as well as organizations' demand for quantification and their transition plans to more advanced strategies in the coming years. Advanced risk quantification is an emerging GRC platform feature that is highly beneficial in assessing risk."As organizations are faced with a growing risk landscape, risk quantification can amplify the benefits of a GRC platform by providing more pinpointed risk analysis," says Amy Cravens, research manager, Governance, Risk, and Compliance at IDC. "Most organizations anticipate upgrading their risk quantification capabilities in the next few years and will be seeking GRC platforms that have this capability."

Please Note: Extended description available upon request.

Table of Contents

14 Pages
Executive Snapshot
New Market Developments and Dynamics
Risk Identification and Quantification Methodologies
Matrix/Heatmap
Bowtie
FAIR
Monte Carlo
Benefits of Advanced Risk Quantification
Demand for Advanced Risk Quantification
Innovation in Risk Quantification
Archer Insight
MetricStream
Mitratech
SecurityScorecard
Advice for the Technology Supplier
Learn More
Related Research
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