There’s a common misconception when businesses are implementing a new governance, risk, and compliance (GRC) software solution that customization is the only answer to build a solution capable of meeting their unique requirements. This flawed [...]
At any moment, a host of causes could disrupt your operations and have you scrambling to get back to normal. Natural disasters, climate changes, global conflicts, pandemics, epidemics – any could bring your organization’s activities [...]
Most companies rely on a variety of systems, platforms and applications to run their operations. This digital approach has seen organizations face a growing number of cyber risks and cybersecurity challenges, from phishing attacks and [...]
Third-party suppliers play a critical role in the success of an organization. However, poor performance, financial instability, data breaches, or compliance failures from a vendor can create significant risks, affecting operations, finances, and reputation. Proactive [...]
The pharmaceutical and life sciences industry has always been associated with groundbreaking trials, discoveries, and innovation. However, this experimental work also exposes pharma companies to an exorbitant amount of risk. High risk areas include clinical-trials, [...]
As a business grows, so too does its library of policies and procedures. Has your policy management team gotten noticeably busier? Perhaps policies are becoming mis-managed or out-of-date as a result leaving the organization exposed. [...]
Risk managers are seeing the value of generative AI and putting it to work to help them do their jobs, a Riskonnect survey shows. The most frequent uses of AI were risk forecasting (30%), [...]
Healthcare providers play a crucial role in society providing care for those in need. Most healthcare providers are either funded by the taxpayer or by payouts from insurance premiums, and they work with a variety [...]
Financial Services institutions are facing heightened operational risks that can affect business operations and impact resilience. In response to these challenges, the Australian Prudential Regulation Authority (APRA) introduced CPS 230, a new prudential standard aimed at improving the management [...]
Successful businesses don’t cross their fingers and hope they will achieve their goals; they anchor the programs that underpin them into strategic planning processes so they can act proactively, and the education sector should be [...]
The gambling and gaming industry is built on taking risks. The thrill and excitement based on calculated risk taking and skilful gaming has fueled a booming market: the global gambling and gaming industry is projected [...]
Sam Crebolder, manager, project controls for Windsor-Detroit Bridge Authority, explains how easy-to-use Active Risk Manager has saved time and improved accuracy, while giving both senior leaders and those looking for details the reports they [...]
