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 [...]
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 [...]
No Jitter, November 1, 2024 No Jitter Roll: Eighty Percent of Organizations Don’t Have a Dedicated Plan to Address Generative AI Risks According to Riskonnect’s 2024 New Generation of Risk Report, 8% of companies feel [...]
TechCrunch, October 29, 2024 CTGT Aims to Make AI Models Safer A recent poll from Cnvrg found that reliability was a top concern shared by enterprises adopting AI apps. In a separate study from Riskonnect, [...]
Risk & Insurance, November 1, 2024 Cybersecurity, AI governance, and geopolitical risks emerge as top concerns in Riskonnect’s 2024 New Generation of Risk Survey Cybersecurity threats, AI ethics and governance and geopolitical risks have [...]
Wall Street Journal, October 30, 2024 61% The proportion of organizations that have no plan for how to manage risks and disruptions related to future geopolitical tensions, according to a new report released by [...]
Ransomware attacks have skyrocketed. Nearly three-quarters of businesses worldwide have been hit with an attack. And the cost of these attacks is exploding. Consider Change Healthcare, which expects to rack up as much as [...]
By Michael Rasmussen, The GRC Pundit & Analyst, GRC 20/20 Research In the rapidly evolving landscape of governance, risk management, and compliance (GRC), information security is undergoing a significant transformation. This evolution reflects the [...]
Using AI in risk management may be slightly scary because there are so many unknowns. The possible efficiencies and insights are certainly tantalizing – but are the risks significant enough to be a dealbreaker? [...]
Key risk indicators – or KRIs – are canary-in-the-coalmine metrics that can alert you to changing conditions. They are your early indication of an increase or decrease in risk exposure in various areas of [...]
Forbes Technology Council, August 9, 2024 Waiting for an attack to happen to begin strategizing The most common mistake is waiting until a ransomware attack happens to begin discussing what to do. Get in [...]
Addressing challenges and distributing data effectively is one of your most valuable assets as a risk manager. The key to your success — expand your technological capabilities. Having a risk management console at your fingertips [...]
