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.
Discount Tire Drives Business Value with Riskonnect
Chris Henrichsen, senior vice president of risk management and litigation for Discount Tire Company, explains how Riskonnect has helped this large and successful retailer improve safety, lower costs, and respond faster to disruptions [...]
APRA CPS 234 Information Security Standard: A Guide to Compliance
Set by the Australian Prudential Regulation Authority, the CPS 234 Information Security standard aims to ensure that APRA-regulated entities operating in the financial sector have sound and effective information security practices to protect their [...]
Canada’s OSFI Guideline E-21: What You Need to Know Now
Canada’s Office of the Superintendent of Financial Institutions – OSFI – is the latest in a long list of governing bodies to publish new requirements for operational resilience. Guideline E-21 was published on August [...]
5 Best-Practice Processes to Prevent Bribery and Corruption in Your Organization
When it comes to protecting your business from bribery and corruption, it’s essential to have strong processes in place to detect potential cases and provide guidance to staff. Actively preventing bribery and corruption requires [...]
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 [...]