Swiss GRC

Swiss GRC Blog

Current blog and technical articles about Governance, Risk & Compliance

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Switzerland plans uniform regulations and reporting requirements with ISG to strengthen information and cyber security, especially for critical areas. Entry into force still unclear.

Pathologist vs. Economist by Nikolai Tsenov

Pathologists vs. Economists

“Do you know what is common between economists and pathologists?” This was the question our Behavioural Finance professor asked us in his farewell speech during our graduation ceremony many years ago. Without awaiting any answers, he said: “Economists can always explain everything. What happened, why did it happen and what were the exact causes and reasons?…”

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The GRC Evolution driven by its natively inherited privilege

When hearing the acronym GRC, practitioners familiar with the term, which stands for Governance Risk and Compliance, intuitively associate a heavy regulatory burden, formal and rather cumbersome compliance procedures and deadlines, painful internal and external audits, and huge costs.

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When hearing the acronym GRC, practitioners familiar with the term, which stands for Governance Risk and Compliance, intuitively associate a heavy regulatory burden, formal and rather cumbersome compliance procedures and deadlines, painful internal and external audits, and huge costs.

The tension between innovation and regulation presents the EU with a difficult task. It must find a way that both exploits the enormous potential of AI and protects the safety and rights of its citizens. The future of AI in Europe depends on how well this balance is achieved.

With the Swiss Federal Council's decision to bring the Information Security Act (ISG) and the corresponding ordinance into force on January 1, 2024, Switzerland is sending a clear signal for increased information security and cyber security. In this context, Swiss GRC organized a webinar.

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Mirko Hegi, GRC Expert, PostFinance AG

Right from the start, the cooperation was at eye level and we understood each other, not only on a professional but also on a human level.

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