At any moment, a host of causes could disrupt your operations and have you scrambling to get back to normal. Natural disasters, climate changes, global conflicts, pandemics, epidemics – any could bring your organization’s activities [...]
Risk managers are seeing the value of generative AI and putting it to work to help them do their jobs, a Riskonnect survey shows. The most frequent uses of AI were risk forecasting (30%), [...]
Sam Crebolder, manager, project controls for Windsor-Detroit Bridge Authority, explains how easy-to-use Active Risk Manager has saved time and improved accuracy, while giving both senior leaders and those looking for details the reports they [...]
IFRS S1 and IFRS S2 are the first ESG reporting standards released by the International Sustainability Standards Board. Together, these standards provide a framework for aligning financial and sustainability reporting. While these are voluntary [...]
There’s no end to the number of software tools designed to help organizations boost efficiency and achieve objectives. That’s a blessing because no matter the need, there’s likely a tool for it. But it’s [...]
The extreme weather effects of climate change are upending businesses of every sort. Florida, North Carolina, and other places are still reeling from the one-two punch of hurricanes Helene and Milton. Climate change has [...]
CySecurity News, November 14, 2024 Understanding AI risks is critical for crisis management. See how businesses can prepare for AI threats and protect their organizations from crimes. An essential element of effective crisis management is [...]
Forbes, November 14, 2024 80% of Companies Aren’t Ready for AI Threats Recognizing that there are business risks posed by AI is important, but a new study from Riskonnect shows many companies haven’t moved past [...]
Risk appetite vs. risk tolerance: These two terms are often confused and even used interchangeably. While they both provide guidance for deciding how much risk to take on, risk appetite and risk tolerance are separate [...]
Forbes, November 10, 2024 A fundamental best practice for managing crisis situations is to prepare for obvious—and not so obvious— risks. Business leaders who ignore potential threats could create a self-inflicted crisis for their [...]
Hipther, October 29, 2024 Riskonnect Report: 80% of Organizations Lack Plans to Address Generative AI Risks A new report by Riskonnect reveals a concerning trend: 80% of organizations do not have dedicated plans to address [...]
