Riskonnect Blog
Welcome to Riskonnect, the place where risk and compliance professionals can find expert advice, practical tips, and useful information to do their jobs easier, faster, and more effectively.
Resilience Lessons from the Tragic Collapse of the Francis Scott Key Bridge
The fall of the large, historic Francis Scott Key Bridge in the Baltimore skyline left many in a state of shock. How could something like this happen? The loss of life is a sobering [...]
The EU AI Act: What You Need to Know Now
The EU AI Act has been unanimously approved by member states and in general will be fully applicable in two years. This groundbreaking legislation is the first globally to establish rules for artificial intelligence [...]
Wendy’s Links WC Data in Riskonnect to WTW’s Risk IQ to Lower Costs and Boost Safety
DOWNLOAD THE CASE STUDY The Wendy’s Company had a wealth of claims data in Riskonnect, and Chief Risk Officer Bob Bowman wanted to unlock more intelligence from it. The key was connecting the [...]
Geopolitical Risk: 3 Techniques to Protect Your Business
Growing pressure from geopolitical risk is changing the way business operates. Attacks on ships in the Red Sea are forcing vessels to take the much longer, more expensive route around South Africa. The war [...]
APRA CPS 230: What You Need to Know Now
The APRA CPS 230 standard is the Australian Prudential Regulation Authority’s addition to the ever-growing list of global operational risk and resilience-related requirements. Australian banks, insurance companies, and other financial institutions – including foreign [...]
Incident Reporting in Healthcare: How to Improve Patient Safety
Incident reporting in healthcare is an important means of improving patient safety. When medical errors, injuries, and equipment failures that harm patients, caregivers, visitors, or staff are reported, you can identify safety hazards and [...]
Life Sciences Industry Issue: Managing Certificates of Insurance for Clinical Trials
DOWNLOAD THE INDUSTRY ISSUE Any new medical device or medicine must undergo clinical trials to ensure safety and efficacy before it can be brought to market – and no clinical trial can begin without [...]
Confront Tail Risk Head-On to Boost Operational Resilience
Tail risk, that is risk with low probability and high impact, is often neglected by traditional enterprise risk management. Indeed, the rarity of tail risks makes them easy to overlook, especially when so many [...]
Fourth-Party Risk: Time to Take Notice
Fourth-party risk lurks as a silent menace in the intricate web of supply-chain management. Concealed beyond the immediate reach to direct suppliers, it extends deep into the layers of the supply-chain ecosystem, reaching all [...]
How to Improve Vendor Compliance for the 21st Century
Vendor compliance has moved well beyond checked boxes and printed contracts in filing cabinets. In today’s interconnected and complex landscape, organizations need to manage vendor relationships with an eye toward reducing unneeded spending and [...]
