Worldwide and U.S. Governance, Risk, and Compliance Professional Services Forecast, 2023–2027

Worldwide and U.S. Governance, Risk, and Compliance Professional Services Forecast, 2023–2027
This IDC study presents a five-year forecast for the governance, risk, and compliance professional services market for the 2023–2027 period."With an ever-changing cyberattack environment, organizations need to continue to prioritize cybersecurity as a mandate and keep senior management and the board informed as to the status of the program. Executives and boards of directors must take on this challenge to be well versed about the cybersecurity posture of their organizations. Executive and board education, training, and engagement will see a shift not only in the priority of cybersecurity but in the perceived value that cybersecurity programs provide to the bottom line," says Phil Harris, research director, Governance, Risk, and Compliance Services at IDC. "CISOs must step up their game in executive and board settings to engage them in constructive dialog that has them become contributors to the direction of cybersecurity rather than passively listening."

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