Riskonnect Press
Riskonnect is the leading integrated risk management software solution provider.
Risk Hires on the Rise Despite Layoffs in Finance
Banking Risk and Regulation, October 16, 2023 Risk management has the distinction of being one of financial services’ few growth areas, a major global survey has found. Despite broader sector layoffs amid bank failures, 88% of financial institutions have either maintained headcount or increased it over the first six months [...]
Only 17% of Companies Have Addressed Generative AI Risks with Employees
HRO Today, October 18, 2023 A research survey of more than 300 risk and compliance professionals conducted by Riskonnect finds that while 93% of companies recognize the risks associated with using generative AI inside the enterprise, only 9% say they’re prepared to manage the threat. The survey finds that only [...]
Talent Shortages Lead Global Risk Poll
Commercial Risk, October 18, 2023 Riskonnect says companies can do more to manage their enterprise risks. Talent shortages and layoffs came out as the leading risk for businesses, followed by recession risk, according to a survey of 300 global risk professionals by risk management solutions firm Riskonnect. “Many companies [...]
Organizations Admit Employee Use of AI is a Risk They Aren’t Prepared For
SC Magazine, October 19, 2023 A majority of risk and compliance pros say employee use of generative artificial intelligence (AI) opens the door to business risk, adding that less than 10% of companies are prepared to mitigate internal threats associated with the emerging tech. Those numbers come from a [...]
Very Few Companies Feel Prepared to Manage AI Risks
PropertyCasualty360, October 19, 2023 “Generative AI is taking off at lightning speed and ushering in a new wave of business risks. Our research shows that most companies have been slow to respond, which creates vulnerabilities across the enterprise,” Jim Wetekamp, CEO of Riskonnect, said in a release. Nearly every [...]
California Climate Disclosure Rule Spurs Supply Chain Overhaul
Bloomberg Law, October 11, 2023 Patagonia is a fan of California’s plan to ramp up corporate climate disclosures. In fact, it thinks it’s long overdue. The Ventura-based outdoor clothing company, as a private business, has been tracking data on its direct and indirect greenhouse gas emissions impact for years, using [...]
Riskonnect Enters Partnership with Control Risks to Help Companies Bolster Business Continuity and Resilience
Specialist risk consultancy joins Riskonnect’s PartnerKonnect program to equip its clients with the tools to bring risk under one roof and succeed in a dynamic risk landscape October 10, 2023 ATLANTA & LONDON--(BUSINESS WIRE)---Riskonnect, the leader in integrated risk management (IRM) solutions, today announces a new partnership with Control [...]
Riskonnect Named as One of the UK’s Best Workplaces in Tech™ for Second Consecutive Year
Leading technology provider honoured for creating a collaborative, empowering, and innovative workplace October 2, 2023 LONDON--(BUSINESS WIRE)--Riskonnect, the leader in integrated risk management (IRM) solutions, today announced its naming to the 2023 UK Best Workplaces in Tech™ list by Great Place to Work® UK for the second consecutive year. [...]
AI to Enable More Proactive and Predictive Risk Management
Commercial Risk, September 9, 2023 Advanced analytics, powered by artificial intelligence (AI), is set to transform risk management, helping companies predict future risk and automate aspects of risk identification and mitigation, experts have told Commercial Risk Europe. Demand for risk data is growing but so too is the availability [...]
How HR Can Help Make M&As Successful
HR Dive, September 12, 2023 There is no perfect road to take, though it can be smoother for HR if the department is brought into the process early, one expert said. While the COVID-era boom in mergers and acquisitions has abated, they’re still happening, with $1.477 trillion in deals [...]
How Overtime is Driving Burnout and Worker Shortages in Supply Chain
Supply Management, August 21, 2023Transport and logistics employees are caught in a vicious cycle of overtime and burnout due to on going worker shortages, new research suggests.According to a report, 32% of the UK’s transport and logistics employees work some form of unpaid overtime each week, as people increasingly exit [...]
Business Continuity Lessons from Our Year of Banking Failures
By Jim Wetekamp, CEO of Riskonnect | Published by Corporate Compliance Insights, August 14, 2023 In the nearly six months since the failure of Silicon Valley Bank (SVB), three others have gone belly-up, the most recent of which was just last month. While many have focused on the risk-related [...]
