AMR Research Finds Spending on Governance, Risk Management, and Compliance Will Exceed $32B in 2008.
“For the first time since AMR Research began conducting this study in 2003, executives have shifted their GRC budget focus to operational and enterprise risk management-making SOX and other regulatory compliance programs a necessary “to-do,” but not a top-of-mind initiative. 31% of companies reported that better managing and mitigating risk in the business is the most influential issue driving their GRC investment in 2008.”