!!! Overview
[Governance], [Risk], and [Compliance] ([GRC]) is an increasingly recognized term that reflects a new way organizations focus on and manage an integrated approach to these three areas.

We have also seen: [Governance], [Risk] and [Compliance] Management ([GRCM])

According to Michael Rasmussen, a well regarded industry analyst at [Forrester] Research, the challenge in defining [GRC] is that individually each term has "many different meanings within organizations. There is corporate governance, IT governance, financial risk, strategic risk, operational risk, IT risk, corporate compliance, [Sarbanes-Oxley Act] ([SOX]) [compliance], employment/labor compliance, [privacy] compliance . . . you get the picture."

[Identity Governance Framework|http://www.projectliberty.org/index.php/liberty/content/download/3432/22922/file/Liberty_Id_Governance_mrd-v1.0.pdf]

We have identified some [IDM Related Compliance Items] that are most common that we have run into in our work with some of our [Clients].

!! More Information
There might be more information for this subject on one of the following:
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* [#1] - [Governance, Risk Management, and Compliance|Wikipedia:Governance,_Risk_Management,_and_Compliance|target='_blank'] - based on information obtained 2013-04-10