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.
6 Ways CISOs Turn Vendor Risk into an Innovation Advantage
As third-party related issues and breaches grow more frequent and costly, their overall impact on business operations and brand trust has become impossible to ignore. An alarming statistic in the Verizon 2025 Data [...]
Risk Management Automation Software | What is it and how will it benefit my organization?
Many teams continue to use spreadsheets and manual processes to manage risk, building their risk assessment forms, risk registers, and control libraries in Excel. While spreadsheets may work as a starting point for smaller [...]
Directors Are Required to Have Oversight of Compliance Obligations in New Guidance from AICD
The Australian Institute of Company Directors (AICD) launched new guidance on directors’ oversight of company compliance obligations in October 2024. The new Practice Statement outlines the key responsibilities directors have to ensure their companies meet regulatory [...]
Your Risk Management Guide to GDPR Compliance
Enterprise risk management has a primary objective of ensuring organizations comply with the legal and regulatory obligations needed to conduct business. Companies conducting business in the EU must align their processes with the General [...]
Configuration vs Customisation: Why Not All Software Solutions Were Created Equal
There’s a common misconception when businesses are implementing a new governance, risk, and compliance (GRC) software solution that customization is the only answer to build a solution capable of meeting their unique requirements. This [...]
Boost Your Organization’s Resilience with ISO 22336
At any moment, a host of causes could disrupt your operations and have you scrambling to get back to normal. Natural disasters, climate changes, global conflicts, pandemics, epidemics – any could bring your organization’s [...]
The Role of Cybersecurity Risk Assessment Software in Mitigating Cyber Threats
Most companies rely on a variety of systems, platforms and applications to run their operations. This digital approach has seen organizations face a growing number of cyber risks and cybersecurity challenges, from phishing attacks [...]
5 Ways to Get Visibility of Third-Party Risk and Automate Vendor Risk Management
Third-party suppliers play a critical role in the success of an organization. However, poor performance, financial instability, data breaches, or compliance failures from a vendor can create significant risks, affecting operations, finances, and reputation. [...]
Managing Risk in the Pharmaceutical and life sciences sector
The pharmaceutical and life sciences industry has always been associated with groundbreaking trials, discoveries, and innovation. However, this experimental work also exposes pharma companies to an exorbitant amount of risk. High risk areas include [...]
10 Signs that your Policy Management Process Needs an Upgrade
As a business grows, so too does its library of policies and procedures. Has your policy management team gotten noticeably busier? Perhaps policies are becoming mis-managed or out-of-date as a result leaving the organization [...]