Innovation of Risk

APRA, ASIC and the ACCC have all sharpened the rules on AI risk in 2026 — from APRA's step-change governance letter to ASIC's 'Year of Accountability' and the ACCC's doubled penalties for AI-washing. Here's why leaders should treat AI risk management as a business enabler, not a compliance checkbox.

AI risk management is often seen as a defensive exercise, but this mindset limits business value and slows innovation. Leaders must reframe AI risk as a tool to enable success, balancing risk with opportunity through clear ownership, tailored evidence, and ongoing assurance.

Agile risk management is not about managing risk in agile projects but rather using the art of agile for what risk management performs. For the later there are quite a number of resources online to learn...

Risk profiling needs to move to a visual discussion. Risk profiling practices of today are generally text based and focused on developing risks around words and sentences to represent the risk, controls and actions.  Yet...

Risk enchantment. Every organisation and business needs a wizard working for them to achieve the holy grail of risk management. Or do they? As we move closer towards the newest Peter Jackson instalment of Lord...

The Innovation of Risk is fast approaching a major risk milestone of 10,000 visitors and as we approach this milestone we wanted to share some statistical information.

The rapid change in the consumption of technology is overtaking Moore's Law as the most talked about rule.  Quite simply, over the last decade there have been a significant number of advances in consumer technology and what we have seen is the ever increasing trends in consumption patterns surrounding these new technologies.  The chart detailed in the article by Derek Thompson highlights this ever increasing change in the adoption pattern of technology over time.

Way too many risk managers, risk experts, and risk professionals are glass half-empty people.  Of course the role of risk management is to focus on  the potential things that can go wrong, but that does not mean that the risk manager has to be negatively focused.  In actual fact, it is that negative focus that has made risk managers the type of person that businesses wish to avoid rather than engage.