Even minor human errors in interpreting regulations or internal accounting standards forming part of operational risk (OR) ...

In an increasingly uncertain and volatile global landscape, businesses, governments, and investors face a growing array of challenges that demand ...

"Fourth parties" are the parties that a service provider engaged by an APRA-regulated entity relies on in delivering its services (essentially, a subcontractor). CPS230 acknowledges that an ...

The article will discuss the five broad categories that most of this industry’s risk falls under and address the ...

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

Still, it took several hours to reverse the transaction, according to the FT, unveiling operational weaknesses ... scrutiny for years over its risk management and operations practices.

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 ...

Explore Rigetti Computing, Inc.'s quest for quantum advantage amid heavy R&D losses and sluggish growth. Click for my updated ...

Jerry Layden, CEO of CyberSaint, a leading cybersecurity company dedicated to empowering companies to manage cyber risk with ...