From the course: Governance, Risk, and Compliance (GRC) Essentials by Pearson
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Conducting ongoing compliance activities
From the course: Governance, Risk, and Compliance (GRC) Essentials by Pearson
Conducting ongoing compliance activities
Compliance isn't a one-time effort, it requires continuous attention to ensure your organization stay aligned with regulatory requirements and evolving risks. In this lesson, we'll explore key ongoing compliance activities, including monitoring, responding to changes, and improving your compliance program over time. Monitoring is a major part of ongoing compliance. It assures that controls remain effective and allow you to identify and address potential issues early. Here are some examples of important monitoring activities you should establish. First is control performance monitoring, which will help you continuously verify that your controls are functioning as intended. Second is tracking security incidents that will help you make sure proper responses are implemented. Lastly, stay informed and updated about relevant laws and standards. Compliance programs must be flexible to adapt to changes in regulation, technology, and business operation. Let's break this into three key areas…