thus deriving operational as well as economic benefits. A structured IT risk assessment template helps risk mitigation by providing the inputs to enforce controls, thus ensuring the organization ...

In the third paper in the issue, "Random matrix theory applied to correlations in operational risk", François Crenin, David Cressey, Sophie Lavaud, Jiali Xu and Pierre Clauss note that measuring ...

An example is the “matrix” approach in which losses are categorized ... greatly by public disclosure sufficient to allow independent assessments by market participants. Operational risk is intrinsic ...

Correlations between operational risk loss severity, frequency and economic factors have been used as a de facto tool to assess economic and regulatory capital since 1990. We demonstrate, using data ...

Enter risk and resilience. It’s true that technology is part of the reason why operational resilience exists: Operational risk management (ORM) as a discipline has been around since the early ...

The Basel group, which brings together regulators from countries including the U.S. and China, raised the possibility of a “considerable simplification” of operational risk assessment rules in ...

Specifically, we propose a country-level Crypto-Risk Assessment Matrix (C-RAM) to summarize the main vulnerabilities, useful indicators, potential triggers and potential policy responses related to ...