From fires to employee errors, all businesses face risks. Starting a business without risk is impossible, so to run successful businesses, small-business owners must understand and prepare for the ...

When it comes to managing operational risk, the insurance and reinsurance industry faced a thorny problem: the scarcity of operational risk event data makes assessing exposures problematic, but ...

Identifying and assessing operational risk lets you make changes in your company to secure operations and reduce risk of business failure. Operational risk is the total of risks you run when operating ...

We present Risk.net’s annual ranking of the biggest op risks for the year ahead, based on a survey of operational risk practitioners across the globe and in-depth interviews with a selection of ...

As more leaders pursue decentralized architectures to ensure continuity and long-term resilience, having a clear strategy is ...

In today’s fast-paced and unpredictable business world, small and medium-sized enterprises (SMEs) must navigate many operational challenges. With the potential for significant disruptions lurking ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its ...

Companies that want to achieve a sustainable and profitable business need to focus on three dimensions of their operations, generally speaking. First is value protection, a foundational concern that ...

Learn about model risk, its causes, management strategies, and real-world examples from financial industry pitfalls. Unlock ...

As cargo operations rely more heavily on shared data and automated processes, technology failures and cyber incidents are ...

Third-party relationships are double-edged swords— they can be your most significant force multipliers or risks. Third-party vendors are ingrained in all aspects of an organization, from accountants ...

As a result of RBI’s dedicated focus on financial risks, particularly credit risk, Indian banks’ balance sheets have improved to the best in over a decade. System-wide gross non-performing assets ...