Riskonnect Blog
Welcome to Riskonnect, the place where risk and compliance professionals can find expert advice, practical tips, and useful information to do their jobs easier, faster, and more effectively.
Is Resilience Becoming the New Risk Management? The Shift to Integrated Risk and ResilienceIs Resilience Becoming the New Risk Management? The Shift to Integrated Risk and Resilience
Business Continuity & Resilience, Enterprise Risk Management, Governance Risk and Compliance, Integrated Risk Management
Is Resilience Becoming the New Risk Management? The Shift to Integrated Risk and Resilience
Most organizations build their risk management and resilience frameworks around a straightforward premise: identify threats, assess them, and control them. They develop a business continuity plan in case key systems or processes fail. [...]
Business Risk Analysis: What is it and why is it important?
Regardless of size and sector, organizations face many risks that could significantly impact their business operations, finances, and reputation. Business risk analysis is a powerful way to help businesses anticipate potential threats that may [...]
Automating Key Compliance Challenges in the Gambling and Gaming Industry
The global gambling and gaming industry is booming and has been forecast to reach $876 billion by 2026 according to recent reports. Yet, despite being tipped to maintain its recent rapid growth, this dynamic and [...]
7 Reasons to Update Your Billing Software
Billing software has always been a key component of an insurer’s administration product suite, used to set up payment plans, calculate due payments and dates, maintain account receivables, produce invoices, facilitate payment intake, [...]
ASIC Introduce Mandatory Sustainability Reporting Requirements
ASIC has introduced new mandatory sustainability reporting requirements that could impact organizations in Australia who are ASIC-regulated. These compulsory sustainability reporting requirements are being rolled out on a phased basis over 3 years with [...]
IMDA Launches New Advisory Guidelines for Cloud Service Providers and Data Centers in Singapore
Businesses have more data and digital assets than ever before, and Singapore’s business landscape is awash with cloud service providers and data centers to support organizations to store their data and provide applications and [...]
GRC Implementation: A Structured Roadmap to GRC Software Implementation
In today’s modern business environment, organizations are constantly navigating an intricate landscape of risks, compliance requirements, and regulatory obligations. To effective GRC program to manage these GRC challenges effectively, businesses are increasingly turning to [...]
10 Signs that Indicate you Need a Better Incident Reporting Process
How many incidents, hazards and near misses does your organization experience in a year? Failing to manage and resolve incidents not only puts your employees’ well-being at risk but also the future of your [...]
The Double-Edged Sword: The ESG Impact of AI in Risk Management
By Kim Alderman, Director, AI Innovation Lab, Riskonnect, Inc.Artificial intelligence is transforming business – and risk management is no exception. Implementing new tech offers plenty of amazing opportunities to enhance risk assessment capabilities and [...]
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, [...]