I was having lunch the other day with a leader of a company that provides software to help financial institutions comply with various rules and regulations. The focus was around acquisition opportunities. A good discussion ensued, as there are lots of interesting, fast-growing companies in what we call the “GRC” space (Governance Risk and Compliance) that naturally lend themselves to being part of a larger organization. But the main takeaway of our discussion was the growing emphasis on cyber security as part of a GRC solution. “One can’t be all things to all people,” he said, but “we can’t go visit a company without a proposition for their cyber security needs.” This is telling, and fits with our sense of the world in which we live today.
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Jun 29, 2016
Risk and compliance tools are of limited value without incorporating a way to combat cybercrime.
Fintech, International, Uncategorized 0 Comments