A governance, risk, and compliance program can help an organization address uncertainty, avoid surprises, and achieve business objectives. Every organization has some form of GRC, even if it is not called that. After all, [...]
The EU AI Act has been unanimously approved by member states and in general will be fully applicable in two years. This groundbreaking legislation is the first globally to establish rules for artificial intelligence and [...]
Why do some businesses crumble under the weight of unexpected challenges while others emerge stronger? The answer often lies in fragility. A fragile risk process makes your business susceptible to severe consequences — including financial [...]
Banking compliance professionals continue to confront myriad regulatory requirements around the globe, as well as internally driven demands. And this frenzy of activity is not expected to slow down anytime soon. Banking compliance is essential [...]
The U.S. Securities and Exchange Commission recently finalized rules on cybersecurity incident disclosures and risk management. While these rules apply directly to public companies, any company – public or private – doing business with a [...]
AI like ChatGPT can extend the reach of GRC by making tasks easier and faster. Here’s what you need to know about integrating AI into GRC.
A risk assessment is an evaluation of potential risks and their likelihood of occurrence. These assessments quantify the possible impact on people, property, and operations. They also make sure your controls and mitigations are effectively [...]
These days, risk managers may find that keeping up with new insurance regulations is a critical part of the job. Recent changes to state or federal insurance rules have impacted almost all companies. Some [...]
Insurance Business July 7, 2022 With businesses facing a multitude of risks and tightening regulations, risk managers and decision-makers will have to deal with many terms and their acronyms. A major part of today’s risk [...]
Forrester Consulting recently completed a Total Economic Impact™ study to help organizations quantify the potential ROI of implementing Riskonnect’s GRC solution. The study took an in-depth look at one financial services firm [...]
The three-year return on investment of Riskonnect’s integrated GRC technology is as much as 280%, according to a new commissioned study conducted by Forrester. Forrester Consulting recently completed a Total Economic Impact™ study to help [...]
Risk agility can be damaged by a divide between risk and compliance, according to a new Compliance Week survey. Check out the infographic of results.
