Glossary of Compliance
Compliance Glossary
Our list of curated compliance glossary offers everything you to know about compliance in one place.
Asset Inventory
An I.T. team maintains an asset inventory to make sure they provide an organization with the I.T. resources they need in a cost-effective, efficient manner. The asset data stored in this inventory includes location, users, performance, maintenance and support, documentation, licenses, lifecycle stage, compliance, cost, and more. I.T. assets can include:
– Hardware – servers, smartphones, laptops, printers, etc.
– Software inventory – software, clouds, software as a service (SaaS), etc.
Additional reading
Your GRC Function Might Be Obsolete— Or Maybe Not.
As a leader, you might not realize that your function accumulates debt—not financial debt, but technical and procedural debt, which builds up quietly over time as systems age and processes go unchecked. As your GRC function matures, minor inefficiencies can snowball into much larger issues. What was once cutting-edge is now outdated, creating friction that…
Vanta vs. Strike Graph: The Only Comparison That Matters
Vanta is a well-known name in the compliance space. Strike Graph is more of a contender in that sense. While both Vanta and Strike Graph promise to make compliance easier, faster, and less manual, the way they get there couldn’t be more different. Vanta sells speed and simplicity. Strike Graph sells flexibility and control. One…
Governance Vs Compliance: Similarities, Differences and Common Misconceptions
When viewed from the outside, it is easy to misinterpret the results from compliance as indicators of good governance. For example, a partner might assume that passing a compliance audit signifies good leadership, a security-first culture, and a proactive approach to risk management. However, the company may have achieved compliance using a reactive approach and…

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