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.
APRA CPS 230: What You Need to Know Now
The APRA CPS 230 standard is the Australian Prudential Regulation Authority’s addition to the ever-growing list of global operational risk and resilience-related requirements. Australian banks, insurance companies, and other financial institutions – including foreign [...]
Incident Reporting in Healthcare: How to Improve Patient Safety
Incident reporting in healthcare is an important means of improving patient safety. When medical errors, injuries, and equipment failures that harm patients, caregivers, visitors, or staff are reported, you can identify safety hazards and [...]
Life Sciences Industry Issue: Managing Certificates of Insurance for Clinical Trials
DOWNLOAD THE INDUSTRY ISSUE Any new medical device or medicine must undergo clinical trials to ensure safety and efficacy before it can be brought to market – and no clinical trial can begin without [...]
Confront Tail Risk Head-On to Boost Operational Resilience
Tail risk, that is risk with low probability and high impact, is often neglected by traditional enterprise risk management. Indeed, the rarity of tail risks makes them easy to overlook, especially when so many [...]
Fourth-Party Risk: Time to Take Notice
Fourth-party risk lurks as a silent menace in the intricate web of supply-chain management. Concealed beyond the immediate reach to direct suppliers, it extends deep into the layers of the supply-chain ecosystem, reaching all [...]
How to Improve Vendor Compliance for the 21st Century
Vendor compliance has moved well beyond checked boxes and printed contracts in filing cabinets. In today’s interconnected and complex landscape, organizations need to manage vendor relationships with an eye toward reducing unneeded spending and [...]
Navigating Troubled Waters: Red Sea Chokepoints and Effective Risk Management
By Andrea Brody, Chief Marketing Officer, Riskonnect Chokepoints in industry parlance are critical points or bottlenecks that constrain the flow of goods, services, or information. These bottlenecks pose significant risks – and costs – [...]
The Truth about What Happens When Your RMIS Vendor Is Acquired
When a software provider is acquired, unsettling rumors about how the acquisition will impact the use of that technology start circulating almost immediately. Will the acquiring company continue to invest in the technology [...]
7 Factors That Make Your Risk Process Fragile
Why do some businesses crumble under the weight of unexpected challenges while others emerge stronger? The answer often lies in fragility. A fragile risk process makes your business susceptible to severe consequences — including [...]
A Game-Changing Union: Market Leaders Combine to Bring More Value to the RMIS Market
Riskonnect recently announced the acquisition of Ventiv Technology to form the largest RMIS provider in the market, serving over 2,500 customers globally. The combination of both companies, both recognized as industry leaders in [...]