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.
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 [...]
4 Common IT Security Integration Pitfalls and How to Avoid Them
There’s no end to the number of software tools designed to help organizations boost efficiency and achieve objectives. That’s a blessing because no matter the need, there’s likely a tool for it. But [...]
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 [...]
The Role of the Modern Risk Professional
Today most businesses understand the real value of risk management and how it can protect the business and uncover opportunities for growth and expansion. With firms looking to gain more from their risk management [...]
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 [...]
What Happens After an Audit?
While audits are a great tool to help management better understand an organization’s performance and ensure compliance, they are a rather daunting task requiring time, effort, and resources. The findings from audits and any [...]
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 [...]
Why Effective Controls are Essential to Mitigate Risk
Implementing effective controls is an essential component of any risk management program. ‘Controls’ are measures that an organization must put in place to successfully minimize, mitigate, or manage risk levels enabling them to [...]
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 [...]