Riskonnect

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So far Riskonnect has created 5575 blog entries.

7 Steps to Create a Culture of Risk Awareness

How to get everyone to consider risk in every decision — and why that’s crucial to long-term success. Many organizations are prioritizing agility and adaptability by building risk awareness among all employees, not [...]

5 Best-Practice Processes to Prevent Bribery and Corruption in Your Organization

When it comes to protecting your business from bribery and corruption, it’s essential to have strong processes in place to detect potential cases and provide guidance to staff. Actively preventing bribery and corruption requires firms [...]

Risk Management Automation Software | What is it and how will it benefit my organization?

Many teams continue to use spreadsheets and manual processes to manage risk, building their risk assessment forms, risk registers, and control libraries in Excel. While spreadsheets may work as a starting point for smaller businesses, [...]

Directors Are Required to Have Oversight of Compliance Obligations in New Guidance from AICD

The Australian Institute of Company Directors (AICD) launched new guidance on directors’ oversight of company compliance obligations in October 2024. The new Practice Statement outlines the key responsibilities directors have to ensure their companies meet regulatory compliance. [...]

Configuration vs Customisation: Why Not All Software Solutions Were Created Equal

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 Role of Cybersecurity Risk Assessment Software in Mitigating Cyber Threats

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 [...]

5 Ways to Get Visibility of Third-Party Risk and Automate Vendor Risk Management

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 [...]