Risk Control & Management Risk management is a demanding discipline. As one politician infamously quipped, there are known knowns, known unknowns and unknown unknowns. Understanding the difference between those and how they impact an entity, such as a business, is the core of risk…
Not only is cybersecurity a growing risk that demands attention, but it is becoming more complex every day. Suffice to say, expecting IT departments to be the gatekeepers and protectors against cybercriminals is not only ineffectual but generally considered a terrible strategy. The truth is…
Risk management is a complicated occupation, so when you find tools that aid you in that process, the last thing you want to hear is that those may be under threat. This was almost certainly a thought that entered the minds of thousands of risk…
We’ve all read the provocative headlines: data is the new gold, the new currency of the 21st century. There is truth to this, but as a risk management professional, you already understand the value of data. After all, gathering key information is how you can…
Ask most risk managers what types of risk exist at a company and they are likely to distinguish two groups. One is Operational Risk, while the other is Financial Risk. Yet there is a third type of risk that is frequently overlooked, mainly because until…
As a risk manager, you are an important guardian who safeguards the future of your company. This is not hyperbole: Flawed policy management processes can result in non-compliant, unauthorised or inaccurate policies. A policy misstep around governance, risk or compliance can attract fines and penalties,…
Ledgers and lists have always been a part of businesses. The ancient Phoenicians invented the modern alphabet in order to manage their business transactions. Even civilisations that relied on word of mouth still devised complex systems to record and track assets, such as the intricately…
First published on Riskonnect.com, 1 October 2018 Deal strengthens Riskonnect’s position as a global leader in integrated risk management solutions. Riskonnect, the leader in integrated risk management solutions and proudly marketed and supported in Africa by thryve, announced the completion of its acquisition of Marsh…
Riskonnect, the leader in integrated risk management solutions, today announced that it has signed an agreement to acquire Marsh ClearSight LLC, a global leader in risk, safety, and claims software and services and a business unit of Marsh, a global leader in insurance broking and…
Give someone a fish and they can eat. But teach them to fish… This is well-known advice that has lasted the ages, because it makes complete sense. Knowledge is power, after all. But not all such sayings are always true. For example, those who…