Governance, Risk and Compliance (GRC) concept is changing into a near-term enterprise risk management project, experts say. Security discipline and availability of better threat data are changing the monolithic GRC concept. GRC is a methodology for building global IT policies, priorities, and practices around key risk and compliance factors. Gartner analyst Paul Proctor: “GRC is the most worthless term in the vendor lexicon” GRC vendor Agiliance reported last month that its revenues grew 65% between Q1 2012 and Q1 2013.”]