As published in Commercial Risk Risk management budgets are likely to increase following Covid-19, but investment in the same old frameworks will mean many companies remain inadequately prepared for the next unexpected event, according to two risk technology experts. Jim Wetekamp, chief executive officer of Riskonnect, a risk management software provider, told CRE that risk [...]
Considering New GRC Software? Here’s What to Ask Before You Buy
Does GRC stand for governance, risk, and compliance -- or governance, risk, and confusion? In the software market, it’s too often the latter. With multiple technology options and no common definitions, knowing when you [...]
The Road to IRM: Can Your Technology Get You There?
When’s the last time your chief security officer asked you what is an acceptable level of cyber risk? What about your chief procurement officer checking in on your vendor risk exposure? If these questions [...]
The senior managers and certification regime (SMCR) covered more than 47,000 UK financial services organizations when it was first introduced in the banking sector in March 2016. The accountability framework, which was extended to [...]
Dialing for Diagnosis: The Rising Risks and Challenges of Telemedicine Today
By Jay Lechtman, Senior Director of Strategy and Innovation, Healthcare, Riskonnect In a world defined by social distancing, telemedicine is now an indispensable form of healthcare delivery. Providing care virtually can broaden access, [...]
5 Reasons Why Fintechs Need Effective Risk Management to Survive in a Competitive Market
Fintech – financial technology -- is booming, and the UK is leading the way with some of the most innovative digital technology like blockchain and artificial intelligence (AI) that are inspiring new ways of [...]
Implementing an ERM program is one of the most valuable investments you can make – and technology is essential for success. Here are five reasons why: 1. Creates one central repository of data for [...]
Organizations Weigh In on Crisis Preparedness in a New Compliance Week Survey
More than half of 261 compliance and audit professionals surveyed about preparedness for the coronavirus pandemic said their companies did not have a crisis response plan for this type of event or that their [...]
Organizations have a choice for the post-pandemic era – return to business as usual or get smart and learn from their mistakes. Getting your crisis response plan right is even more essential when you [...]
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