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.
Resilience Lessons from the Tragic Collapse of the Francis Scott Key Bridge
The fall of the large, historic Francis Scott Key Bridge in the Baltimore skyline left many in a state of shock. How could something like this happen? The loss of life is a sobering [...]
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 [...]
Data Privacy Regs Cause the Most Anxiety for Compliance Professionals, Says Survey
Data privacy regulations were cited as the top concern by 40% of more than 300 compliance and risk professionals recently surveyed by Riskonnect. Complying with far-reaching regulations like the EU’s GDPR (General Data Protection [...]
6 Risk Management Best Practices to Elevate Your Program
Risk management programs are not made of set-it-and-forget-it processes that you can establish once. They can grow stale over time and fail to reinforce your organization’s agility and decision-making. Your practices need to [...]
5 Work-From-Home Risks That Are Here to Stay
Businesses were exposed to new and expanded risks when employees abruptly began working from home during the pandemic. The most pressing risks – like IT security and remote accessibility – were quickly addressed. However, [...]
Banking Compliance: Top 5 Challenges
Banking compliance professionals continue to confront myriad regulatory requirements around the globe, as well as internally driven demands. And this frenzy of activity is not expected to slow down anytime soon. Banking compliance is [...]
