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 proper [...]
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 everyday [...]
By Jim Wetekamp, CEO of Riskonnect | Published by Spend Matters, January 10, 2024 | Risk Management Will Evolve with Emerging Risks Businesses are bracing for another challenging year ahead as an influx of [...]
Riskonnect recently announced the acquisition of Ventiv Technology to form the largest RMIS provider in the market, serving over 2,500 customers globally. The combination of both companies, both recognized as industry leaders in the [...]
Businesses were exposed to new and expanded risks when employees abruptly began working from home during the pandemic. The most pressing risks – like IT security and remote accessibility – were quickly addressed. However, many [...]
More than half (52%) of organizations currently have a chief risk officer, and another 6% plan to hire one within the next year, according to a new Riskonnect report. The report surveyed more than [...]
Generative AI tools like ChatGPT are changing how people work and raising unforeseen business risks. The current economic climate is creating new concerns. Ransomware, deepfakes, and other sophisticated cybersecurity issues are emerging and evolving [...]
By Jim Wetekamp, CEO, Riskonnect | Published by Future of Sourcing, March 7, 2023 | In this series, Future of Sourcing is talking to practitioners, technologists, and executives to get their insights and expertise [...]
The kinds of business risks that provoke the worst insomnia — pandemics, cyber ransoms, a CEO who discovers Twitter — seem to explode into reality without warning.But the truth is, hidden risks are rarely hidden. [...]
By Jim Wetekamp, CEO, Riskonnect, a leading provider of integrated risk management software As published by Forbes, July 12, 2021 The past year exposed a host of risk management limitations, inefficiencies and blind spots [...]
According to the Institute of Risk (IOR), “A workable risk taxonomy – often referred to as risk categorisation – can be regarded as the foundation upon which an effective operational risk management framework is constructed. Without this common frame of reference for [...]
Can having an appropriate risk culture help in the attainment of business goals and avoidance of potentially destructive surprises? The answer is ‘yes’ according to the Institute of Operational Risk (IOR), taking up the topic [...]
