Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

AI risk must be integrated into established operational risk thinking and quantitative cyberrisk governance approaches.

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 ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

Why industry leaders must look past the hype to the hard realities. Artificial intelligence is transforming banking at unprecedented speed — powering fraud detection, compliance automation, credit ...

Risk Culture is an upstream causal driver of nearly every downstream risk category — because how people behave determines how ...

Threat modelling using STRIDE for system architects Threat modelling is one of the most useful habits a system architect can build. Done well, it helps you spot design weaknesses before they become ...

The African Risk Capacity (ARC) Group, in partnership with the Government of Rwanda, has convened a high-level technical workshop in Rubavu focused on finalising Rwanda’s drought risk model and ...

Following the global financial crisis that began in 2007–08, policy- makers have multiplied their efforts and implemented reforms to strengthen the resilience of the financial sector. But – while ...