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 [...]
Bio-Rad Prepares to Handle Any Disruption with Riskonnect
DOWNLOAD THE CASE STUDY Challenge Bio-Rad had just added emergency-notification capabilities to its business continuity efforts when it was hit by a ransomware attack. The ability to get the word out quickly – [...]
The Show Must Go On: The Surprising Similarities Between Business Continuity and Show Business
By Andrea Brody, Chief Marketing Officer, Riskonnect Drummer extraordinaire Mark Shulman has spent decades in show business living the adage, “the show must go on.” Shulman has been the drummer for some of [...]
The New Generation of Risk: Are You Ahead of the Curve or Behind the Pack?
Generative AI tools like ChatGPT are changing how people work and raising unforeseen business risks. The current economic climate is creating new concerns. Ransomware, deepfakes, and other sophisticated cybersecurity issues are emerging and [...]
Business Continuity vs Disaster Recovery: 5 Important Differences
Business continuity vs disaster recovery — the two terms are often confused, but they are not interchangeable. One picks up where the other leaves off. Imagine you’re a ship captain. You build a sturdy [...]
Automated Risk Assessment Tools to Streamline Your Process
A risk assessment identifies threats and determines the potential impact they may have on people, property, and operations. It is the bedrock of any effective enterprise risk management program. Yet without automated risk [...]
How to Conduct a Business Impact Analysis
If a cyberattack were to get through your defenses tomorrow, or if civil unrest suddenly broke out in the country of a major third-party supplier, would you know what the impact would be? [...]
Four Insurance Policy Management Tools to Lower TCOR
How long would it take you right now to answer basic questions about your company’s insurance coverage? If you can't easily access important details about coverage, deductibles, layers, limits, and more, you could be [...]
New SEC Cybersecurity Rules: 3 Actions to Take Now
The U.S. Securities and Exchange Commission recently finalized rules on cybersecurity incident disclosures and risk management. While these rules apply directly to public companies, any company – public or private – doing business with [...]
Integrating AI into GRC
AI like ChatGPT can extend the reach of GRC by making tasks easier and faster. Here’s what you need to know about integrating AI into GRC.