Operational resilience isn't just about having a plan; it's about fostering an interconnected ecosystem within your organisation. While identifying vulnerabilities is crucial, addressing them often faces a series of hurdles – from budget constraints to the "it hasn't happened yet" mentality. A surprising and significant roadblock? The lack of communication and coordination between departments when it comes to compliance priorities. Let's unpack how this impacts your organisation and what you can do about it ..read more

In today's uncertain world, ensuring the safety and security of our schools is paramount. A crucial tool in this endeavour is Governance, Risk, and Compliance (GRC) software. While often associated with corporate settings, GRC software has emerged as an invaluable asset for enhancing the safety and wellbeing of staff and students at educational institutions ..read more

There has been a 47.5 per cent increase in primary psychological injury claims from 2019 to 2023 under Allianz Australia’s national claims portfolio. These claims are also resulting in 29.9 per cent increase in average claims costs and 30.2 per cent increase in time loss, equating to some 655,000 days of absence in the Allianz portfolio alone, according to Brianna Cattanach, national manager for mental health at Allianz Australia ..read more

In November 2023, Pan Software celebrated its 20th anniversary, marking two decades of groundbreaking innovation and remarkable achievements in the industry.   ..read more

In today's dynamic business and political landscape, where risks are increasingly complex, Artificial Intelligence (AI) has emerged as a game-changer for the field of risk management. This blog explores the transformative impact of AI on risk management and reveals how it can benefit risk managers ..read more

Global events of recent years have put non-financial/emerging risks into sharp focus for boards and directors. From an increase in cyber attacks and the impacts of COVID-19 to the heightened public awareness around workplace sexual harassment and climate change, organisations must now have a clear strategy and processes in place to manage the many emerging risks.  In this article we look at the biggest non-financial risks that businesses are facing, explain why your board needs to pay attention to them and discuss what you can do to mitigate them ..read more

The pandemic and several high-profile cybersecurity incidents last year have helped make risk management and compliance a top priority for businesses ..read more

Today, cyber attacks are becoming more frequent, sophisticated and damaging, so protecting your data has never been more important. Recently, there have been some high profile local cases, with Optus, Medibank and Woolworths all experiencing significant data breaches. This has prompted regulators in Australia to increase penalties for serious or repeated breaches from $2.2 million, up to a maximum of $50 million.  ..read more

Today, organisations are facing a multitude of uncertainty and potential risks that are seemingly everywhere. Ongoing rapid technological advances are increasing the potential for large scale data breaches. Thankfully, a flexible and dynamic risk management approach can do much to mitigate this heightened and ever-evolving level of risk ..read more

Reducing your organisation’s environmental footprint is now a priority, and it all starts with good policy, whether internally-driven, in response to your legal obligations, or both. For your policy to be effective, you’ll need to keep and maintain accurate records of environmental impacts and sustainable practices so you can measure outcomes and map out improvements. The good news is, that with the right software, improving, reporting and monitoring environmental outcomes in your organisation can be easier. Read on to find out more ..read more