Emerging Trends in Governance, Risk and Compliance (GRC) - 2024

Gartner predicts that by 2025, over 50% of major enterprises will use AI and machine learning to perform continuous regulatory compliance checks, up from less than 10% in 2021. This illustrates how dynamic the current GRC landscape is and how vigilant teams must be to prepare for further shifts.

 This report presents the key trends in GRC for 2024, highlighting the dual need to adapt to rapidly changing regulations while maintaining the highest standards of ethical conduct across industries. 
 
 The emphasis this year is on several pivotal areas: the impact of Artificial Intelligence (AI) on regulatory and ethical frameworks, increased demands for data privacy and protection, and the expanding scope of Environmental, Social, and Governance (ESG) criteria. Each of these areas presents distinct challenges and opportunities for GRC professionals. For example, as AI continues to integrate into various business operations, managing its governance becomes a central concern, necessitating new strategies to manage associated risks and ensure ethical use.
 
 Moreover, the report explores the complexities introduced by the rise in remote workforces, which has redefined traditional risk landscapes and compliance requirements, particularly in terms of cybersecurity and data protection. This shift demands new approaches to secure data and manage employee oversight remotely.  
 
 As organizations prepare to tackle these challenges, the report aims to equip GRC professionals with the knowledge and tools needed to navigate the complexities of the modern regulatory and operational environment. In this report, you’ll learn: