Of the main areas of risk management, operational risk has the shortest history, with the industry beginning to give it serious consideration only 25 years ago. In that time, the industry has made ...

Recent periods of financial stress and the proliferation of risks across the financial system are fueling the development of ...

Citi’s latest blunder isn’t just a glitch—it’s a flashing warning sign that operational risk is still a ticking time bomb in banking,” Anna Kooi, national financial services and ...

Jeff Robinson: Clients are facing a plethora of regulatory changes such as the Digital Operational Resilience Act (DORA); the ...

For the power and utility sector, operational excellence allows every member of a plant to visualize how workflows operate to ...

Metrika, a leading provider of real-time, dynamic risk management solutions for digital assets and blockchain, collaborated ...

Welcome to the third issue of Volume 18 of The Journal of Operational Risk. I have just returned from attending an array of risk management conferences around the world. It is always a pleasure to ...

The COSO framework for enterprise risk management identifies eight core components of developing ERM practices. Successful ERM strategies can mitigate operational, financial, security, compliance ...

A key federal regulator said its examination teams will no longer monitor national banks for any risks arising from doing ...

This strategic integration will enable organizations to access actionable insights that support proactive risk management and ...

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.