Natural disasters
Physical climate risk threatens 15% of EU banks’ property loans
Erste, Helaba, BPCE most exposed to chronic and acute risks linked to climate change
Top 10 operational risk losses of 2019
Fraud, embezzlement, tax evasion, subprime (still) and rogue trading – and Citi crops up twice. Data by ORX News
When climate risk starts to bite
Energy firms under increased pressure to assess physical climate risk
Munich Re's P&C capital charge swells €2bn in 2018
Property and casualty capital requirement pushes overall SCR to €14.7 billion
Modeling catastrophic operational risk using a compound Neyman–Scott clustering model
In this paper, the authors discuss the hazard generated by OpRisk driven by natural and human-made disasters, and argue the position of the LDA as the most-fitted statistical approach to deal with it.
Cyber threats forcing business continuity overhaul
Communications need close attention when firms are attacked, conference hears
Options Clearing Corp faces pressures of systemic status
Disaster recovery and oversight key for utility's CRO
Top 10 op risks 2015: physical security
Focus on cyber threat shouldn't mean ignoring physical risks
Top 10 op risks 2015: city failure
Resilience a growing concern for modern cities
Top 10 operational risks for 2015
Heavy regulatory costs and fragile systems will be problems in 2015
Resilience, underbanking and overlending in Latin America
Surviving disasters needs more than a BCM plan
Culture clash: The reasons behind risk culture failure
The dangers of complacency, excessive risk and management failures
BCM exercises must be war games, not blame games
Benefits depend on "safe space" for mistakes and questions, seminar hears
Peru banks plan for business continuity after earthquake
Cash supply and communications key for earthquake recovery
Bank of the year: Nordea
Business continuity overhaul lets Nordea stand out
Software risk is only part of the stability problem
Authors of their own destruction
OCC's DuChene warns smaller banks to beware of cyber threat
As cyber threats continue to grow for financial institutions, it’s no surprise that regulators are becoming increasingly concerned about the operational risks they give rise to. The OCC’s Carolyn DuChene talks to OpRisk about banks’ increased reliance on…
OpRisk Asia: Business continuity more vital than ever, conference hears
Lean banks and financial institutions are more fragile in the face of disaster, warns Nomura business continuity head