As disruption becomes more interconnected, traditional TPRM alone is not enough to keep a business running when something ...

Operational risk is often described as the “silent disruptor” of the financial world. Unlike credit risk or market risk, which are measurable and frequently modeled with precision, operational risk is ...

Regulators' revised Basel operational risk capital framework makes it easier for the largest U.S. banks, known as Category I ...

The majority of securitization professionals cite operational risk as a leading concern in structured finance transactions, trailing only traditional credit risk as the overriding factor potentially ...

The push for standardization under Basel III continues, bringing significant changes to how banks calculate capital requirements for operational risk. Against this backdrop, the European Banking ...

What is supply chain risk? Understanding supply chain risk is fundamental in being able to effectively manage operational risk. Two of the most significant threats operational leaders face are cyber ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

WAKEFIELD, Mass.--(BUSINESS WIRE)--Amid rising cyber threats targeting industrial systems and increasing regulatory expectations for operational technology (OT) security, TÜV SÜD, one of the world’s ...

The severe disruptive effects of Covid-19 on banks’ activities, have made identifying, measuring, controlling, and monitoring operational risk at banks more important than ever. Operational risk is ...

TÜV SÜD Launches the First-of-Its-Kind OT Risk Assessment as a Service (OT-RaaS) for Secure Multi Sector Industrial Operations Amid rising cyber threats targeting industrial systems and increasing ...