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.
Get the Conversation Going: The Power of Connecting Risk and Resilience
Good communication between risk and resilience strengthens risk culture and builds a more resilient business. Understanding risk is essential for resilience. And a resilient organization is better positioned to withstand risks. Yet these teams [...]
5 Steps to Weatherproof Your Resilience
The extreme weather effects of climate change are upending businesses of every sort. Florida, North Carolina, and other places are still reeling from the one-two punch of hurricanes Helene and Milton. Climate change [...]
Risk Appetite vs. Risk Tolerance: What Are the Differences?
Risk appetite vs. risk tolerance: These two terms are often confused and even used interchangeably. While they both provide guidance for deciding how much risk to take on, risk appetite and risk tolerance are [...]
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 [...]