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.
AI to Enable More Proactive and Predictive Risk Management
Commercial Risk, September 9, 2023 Advanced analytics, powered by artificial intelligence (AI), is set to transform risk management, helping companies predict future risk and automate aspects of risk identification and mitigation, experts have [...]
AI Risk Management: How to Use Generative AI Responsibly
Generative AI — like ChatGPT and Bard — is used by millions to create sales decks, draft emails, and even write jokes. While the possibilities for businesses to apply artificial intelligence to boost productivity [...]
How to Conduct a Risk Assessment
A risk assessment is an evaluation of potential risks and their likelihood of occurrence. These assessments quantify the possible impact on people, property, and operations. They also make sure your controls and mitigations are [...]
The Digital Operational Resilience Act: What You Need to Know Now
The Digital Operational Resilience Act – DORA – marks the latest chapter in regulators’ push for operational resilience. The the EU in January, and impacted organizations have until 2025 to comply. While financial services [...]
4 Reasons Why Insurable Risk Should Be Part of Your Integrated Risk Management Program
by Andrea Brody, Chief Marketing Officer, Riskonnect Integrated risk management – IRM – is a comprehensive approach to managing risks across an organization. It involves identifying, assessing, prioritizing, and treating risks in a [...]
Navigating Digital Transformation Risks: How to Keep Your Business on Track
Digital transformation has become a necessity for organizations seeking to stay competitive and relevant. Leaders are investing in systems to boost efficiency, lower costs, and improve results. Machine learning and artificial intelligence are [...]
Redhand 2023 RMIS Report: How to Choose the One from 30+ Contenders
The just-released 2023 RMIS Report, published by Redhand Advisors, reveals that integrated risk management is continuing to gain popularity, as more organizations adopt a comprehensive approach to better manage risk and decisions. Organizations are also [...]
How to Run a Risk Workshop
Risk workshops are an indispensable part of an effective enterprise risk management program. They are a powerful tool for engaging decision-makers in the risk management process and for building a more mature, transparent, [...]
Building Business Resilience: A Guide to ISO 22301 Certification
Companies today face a range of potential disruptions that can significantly impact the bottom line – or even long-term survival. Adopting the ISO 22301 standard can make your organization more resilient to threats [...]
Operational Resilience Requirements: What You Need to Know Now
By Michael Bratton, Riskonnect | Published by DRJournal, April 12, 2023 | Organizations around the globe are under increasing pressure to meet a growing list of regulatory requirements and guidance. That’s especially true [...]