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.
Internal Audit’s New Role and Why It Matters for Your Business
Internal audit is often treated as a backward-looking function. As many see it, internal audit validates controls and surfaces problems once the work is already done. That framing undersells their value. Today’s internal audit [...]
Faster, Better, Smarter: Why Risk Leaders Need Connected Data
By John Bonner, VP of Product Strategy, LineSlip The pace of business has never been faster. M&A deals close in weeks, supply chains pivot overnight, and cyber threats emerge daily. In this environment, risk [...]
8 Warning Signs Your Risk Management Strategy Isn’t Working
As businesses adapt to changing markets, regulations, and technologies, risk is becoming more complex and harder to control. However, it’s also more important than ever to manage risk in a way that supports [...]
OAIC Figures Show Data Breaches in Australia Are on the Rise
In May 2025, the Office of the Australian Information Commissioner (OAIC) reported that it was notified of 1,113 data breaches during 2024. These latest figures indicate a 25% increase compared to the 893 data [...]
CER Directive vs. DORA: What’s the Difference, and Why Does It Matter?
The CER Directive and DORA are two major EU regulations focused on making organizations more resilient in different ways. But how do you know which one applies to your business? And if one (or [...]
Integrated Incident and Risk Management in the Aged Care Sector
In recent decades aged care in Australia has become a large and complex system, with significant challenges at every level, including delivery, management or governance. The quality and safety of care varies widely across [...]
Do You Need a SOC Report – And How Do You Get One?
You may have heard someone bring up a System and Organization Controls (SOC) report during a vendor security review, audit prep, or customer onboarding call. However, few people ask themselves who’s responsible for their [...]
Addressing Psychosocial Hazards Through Effective Risk and Incident Management
Organizations across the globe realize a happy, safe, productive workforce is the key to a successful business. This recent focus on employee wellbeing has resulted in many firms implementing processes to manage ‘psychosocial hazards’ [...]
Australian Government Delays New Aged Care Act Until November 2025
In a shock decision by the Australian government, the implementation of the new Aged Care Act has been delayed until 1st November 2025. With only 1 month until the original 1st July deadline, and details [...]
IT Risk Assessments: A Step-by-Step Approach
When IT is at risk, it’s a priority for everyone in your business – not just the tech team. IT risk assessments help organizations identify and manage threats targeting digital infrastructure and data. [...]