Operational risk types
- how to manage operational risk in banks
- how to manage operational risk
- how to mitigate operational risk in banks
- what are the operational risks in banking
Operational risk management in banks ppt.
How to Better Manage Operational Risk in Uncertain, Volatile Times
Complicated by cyber hazards and constantly evolving artificial intelligence, managing operational risk has never been more difficult for banks.
Facing more regulatory scrutiny, operational risk practitioners must now consider what tools and techniques they need to implement to in response to the emerging threats.
Are banks prepared for the next CrowdStrike event?
Operational risk examples
What about a direct attack on their own systems or those of their third-party vendors? To be ready, the banking industry must fast-track existing and emerging technologies while also leveraging novel approaches to managing operational risk from other industries.
Clifford Rossi
Before we consider the strategies and tools banks can employ to mitigate operational risk, let’s consider the current threat and vulnerability landscape.
Alarming Regulatory Assessments
AI has become a double-edged sword for banks.
As we’ll discuss in a minute, they can use this innovative technology to combat operational risk attacks. But AI is also transforming the way
- how operational risk should be managed