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Banks and Credit Unions Using TRAC GRC Average 36.6% Fewer Audit Findings

Barchart·11/09/2026 09:20:00
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MADISON, S.D., Nov. 9, 2026 /PRNewswire/ -- Banks and credit unions using TRAC, the governance, risk, and compliance (GRC) platform developed by SBS CyberSecurity, average 36.6% fewer audit findings than organizations without it: 9.27 findings per audit report compared with 14.62.* SBS also estimates that a typical community bank or credit union saves 30 hours each month by managing its risk and compliance work in TRAC rather than in spreadsheets and shared drives.* Since 2007, TRAC has grown to serve more than 1,800 organizations and 10,000 users who rely on its expanding platform to manage risk, compliance, and security.

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