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 [...]
Company managers and executives might complain that the renewal process is inefficient because they are not getting the right answers from their brokers. However, good answers usually only come after asking the right questions. [...]
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 [...]
Geopolitical risk is the number-one global corporate risk. Political and civil tensions remain high across the world. The race between the U.S. and China for technological leadership is intensifying. Geopolitically motivated cyber events are increasing, [...]
By Jim Wetekamp, CEO, Riskonnect Forbes Council Member | Forbes Technology Council Published July 12, 2021 The past year exposed a host of risk management limitations, inefficiencies and blind spots that had been quietly [...]
By Jim Wetekamp, CEO, Riskonnect. Reprinted as published by Forbes. The past year has been full of unexpected risks, unwanted surprises, and unimaginable consequences. Organizations everywhere were caught flat-footed by a risk they never [...]
