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.
How to Play Up Tech Opportunities at Legacy Companies
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 [...]
New Riskonnect Survey: Cybersecurity and AI Are Biggest Challenges
Geopolitical tensions are escalating, economic conditions are volatile, and workforce talent is in short supply. But the top risk driver is cybersecurity, according to a new Riskonnect survey. Concerns over AI also continue [...]
How to Be an Internal Advocate for Driving an Integrated Approach to Risk Management in Your Organization
By Andrea Brody, Chief Marketing Officer, Riskonnect Integrated Risk Management (IRM) brings together different risk domains—such as cybersecurity, compliance, financial, and operational risks—under a unified strategy to better manage risk across the organization [...]
An Effective Project Risk Management Process in 5 Steps
All projects involve some risk – cost overruns, delays, and deliverables that don’t meet quality standards. But with an effective project risk management process, you can systematically identify risks, manage your responses, and [...]
How to Make a Business Case for GRC
A governance, risk, and compliance program can help an organization address uncertainty, avoid surprises, and achieve business objectives. Every organization has some form of GRC, even if it is not called that. After [...]
How to Lessen the Pain of Ransomware Attacks
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 [...]
A New Era: Embracing the Role of Digital Risk & Resilience
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 [...]
AI in Risk Management: Dangers, Opportunities, and How Best to Use It
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 [...]
What Is a Key Risk Indicator and Why Is It Important?
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 [...]
Financial Services Compliance: Move from Obligation to Opportunity
Financial services compliance is a daunting proposition for banks, insurance companies, investment firms, and FinTech firms worldwide. The rules and regulations are complex and ever-expanding – and compliance is often viewed as a [...]
