An integrated risk program Imagine managing risk4be it digital, IT, compliance, or third-party4across every department and function without slowing down processes or overburdening your team. Picture a scenario where previously siloed processes become part of an 45% integrated risk program that extends across the enterprise. With ServiceNow, you can make this vision a reality. of security and IT Everyone knows the risks of regulatory noncompliance and ignoring vulnerabilities. execs expect a But the threats continue, and they9re constantly evolving. Inefficient processes, further rise in human error, new initiatives like digital transformation, and unforeseen delays all ransomware attacks. increase risk. The reality is that, despite best intentions, critical items keep falling through the cracks4and most companies can9t even identify what fell through, - PwC 2023 Global let alone the potential impact if left unaddressed. Digital Trust Insights At the same time, complexity keeps growing with each new regulation, process, application, and piece of hardware. It9s no surprise that legacy governance, risk, and compliance (GRC) products can9t keep up with this growing list of challenges. To manage risk and compliance in this ever-changing landscape, you need a modern, cloud-based platform that can continuously monitor activities, improve decision-making, and increase performance through automation and AI-powered user experiences. You can work the way you want, with the ability to easily collaborate with other departments and effectively communicate with business 19% users, the CEO, and the board. And user-friendly portals with mobile interfaces make it easy to work anytime and anywhere. of breaches occurred because of a compromise at a business partner. - IBM/Ponemon 2022 9% of annual revenue, what exploitable network misconfigurations cost organizations. - Titania 2022 3