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.
Resilience Lessons from the Tragic Collapse of the Francis Scott Key Bridge
The fall of the large, historic Francis Scott Key Bridge in the Baltimore skyline left many in a state of shock. How could something like this happen? The loss of life is a sobering [...]
What is a Vendor Risk Assessment?
As the use of third-party suppliers grows, it is increasingly imperative to be diligent with vendor risk assessment practices. Vendors and other third-party suppliers are essential for keeping most organizations running smoothly. But these [...]
How to Manage ESG Supply Chain Risks
ESG supply chain risks are changing how businesses operate. Prompted by customers, investors, and regulators, business managers need ways to identify and address environmental, social, and governance risks in their offerings, operations, and supply [...]
4 Ways Supply Chains Can Account for ESG Risks
By Andrea Brody, CMO, Riskonnect Published by Supply & Demand Chain Executive, February 17, 2023 Companies often overlook a key factor of their environmental, social, governance initiatives: their third-party relationships. Eighty-two percent of [...]
What is Third-Party Risk Management
As organizations become increasingly dependent on others for supplies, services, and expertise, more are asking what is third-party risk management – and how do we do it right? Outsourcing to third parties can [...]
What is Business Continuity – and What Could It Do for You?
Disruption is an inevitable part of doing business, but it doesn’t have to mean the end of your business. What is business continuity – and how can it protect your organization? Business continuity is [...]
8 Business Continuity and Operational Resilience Risks to Watch in 2023
By Brian Zawada, Riskonnect Published by Continuity Central, January 9, 2023 Increased geopolitical tensions, cyberattacks, supply-chain issues, and continued pandemic-related fallout prompted a growing number of organizations to take a decidedly more strategic [...]
Business Continuity Meet ESG: Why It’s Time to Work Together
Environmental, social, and governance – ESG – and business continuity are both increasingly important to risk management and compliance discussions. But rarely does the conversation span both disciplines, which isn’t surprising that approach mirrors [...]
A Checklist for Complying with the German Supply Chain Act
The German Supply Chain Due Diligence Act (SCDDA) – known in Germany as Lieferkettensorgfaltspflichtengesetz or LkSG – will come into force on 1 Jan 2023. It champions sustainable business practices and sets the [...]
Relationships in Risk: The Connection Between Business Continuity and ESG
By Elliott Yama and Brian Zawada, Riskonnect Published by DRJournal, October 10, 2022 You’ve probably heard the three letters “ESG” used together as part of a risk management or compliance discussion, but what does [...]
