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 [...]
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, [...]
There’s no end to the number of software tools designed to help organizations boost efficiency and achieve objectives. That’s a blessing because no matter the need, there’s likely a tool for it. But it’s [...]
Today most businesses understand the real value of risk management and how it can protect the business and uncover opportunities for growth and expansion. With firms looking to gain more from their risk management programs [...]
Effective risk management is crucial for safeguarding your organization’s assets and reputation and for ensuring long-term success. As threats and vulnerabilities become increasingly complex and operations become heavily reliant on systems and technology, the [...]
A governance, risk, and compliance program can help an organization address uncertainty, avoid surprises, and achieve business objectives. Every organization has some form of GRC, even if it is not called that. After all, [...]
Schools, colleges and universities have had a lot to deal with over the past two tumultuous years. And with new risks emerging at a regular pace, heads of educational institutions no doubt have a long [...]
Unsecured, hard to maintain, and prone to error, spreadsheets discourage collaboration and create data silos. Every business has them, and while they may not have been an issue historically, in today’s demand-driven and fast-moving [...]
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 and [...]
We constantly hear the term “integrated GRC”. But how can companies actually go about integrating the different aspects of governance, risk, and compliance and what are the benefits? In this blog we explore all [...]
Several years ago, BT set out to upgrade its system for managing risks and controls with a cohesive approach that would improve visibility across the organization and provide credible, timely data to the senior leadership [...]
By Andrea Brody, Chief Marketing Officer, Riskonnect Chokepoints in industry parlance are critical points or bottlenecks that constrain the flow of goods, services, or information. These bottlenecks pose significant risks – and costs – to [...]
