Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a financial risk, the risk of adopting a bad ...

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 ...

The Basel Committee on Banking Supervision (BCBS) has issued changes to its operational risk capital framework, including a new standardized measurement approach (SMA) which replaces three previously ...

LONDON & NEW YORK--(BUSINESS WIRE)--The world’s largest operational risk association, ORX, is collaborating with leading global management consultancy, Oliver Wyman, to enhance a reference risk ...

According to the World Economic Forum, 45% of cyber leaders are concerned about disruption to their companies’ operations, while 71% of small businesses felt they could not adequately secure their ...

As a security team, you are what you measure. The problem is that too many security teams are counting vulnerabilities, not measuring risk. It's time we examine how vital it is for security teams to ...

The Board of Governors of the Federal Reserve System and the other federal banking agencies1 are issuing the attached Interagency Guidance on the Advanced Measurement Approaches for Operational Risk ...

WASHINGTON A survey conducted by international regulators has found that retail and commercial banking operations are the source of more than 60% of operational risk-related losses suffered by large ...

James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in the Basel III endgame capital ...