Renown and industry leader website Risk.net presents the top 10 operational risks of 2017, as chosen by risk practitioners worldwide. Banks and financial services firms face a range of operational challenges in 2017.
In a series of interviews that took place in November and December 2016, Risk.net spoke to Chief Risk Officers, Heads of Operational Risk and other risk managers and practitioners at financial services firms, including banks, insurers and asset managers.
Based on the operational risk concerns most frequently selected by those practitioners, Risk.Net presents a ranking of the top 10 operational risks for 2017:
- Cyber risk and data security
- Regulation
- Outsourcing
- Geopolitical risk
- Conduct risk
- Organisational change
- IT failure
- AML, CTF and sanctions compliance
- Fraud
- Physical attack
Click on the following link to read the FREE full article from Risk.Net “Top 10 Operational Risks for 2017“.
So many of these lists around and everyone does the same study and get different results! No wonder we are not getting anywhere with Risk Management.
Every organisation must have their own list of top risks… and DO something about it, lists means nothing, ACTION is everything. Those who are doing nothing will just be exploited ( and executed) by those who are better.
Thanks for your feedback, definitely worth noting!
Best regards,
Antonio