Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. If you’ve ever had the idea of founding a startup, you’ve probably seen the thrilling guides ...

Integrated risk management (IRM) is becoming an increasingly popular term to showcase the importance of risk at the forefront of corporate governance, as well as inferring that, traditionally, these ...

Over the past year the Basel Committee on Banking Supervision has refined its approach to setting minimum capital requirements for operational risk (see “Regulatory Treatment of Operational Risk” in ...

NORTHAMPTON, MA / ACCESSWIRE / April 25, 2023 / Our Operational Resilience function orchestrates the Company's Emergency Management (EM), Business Resilience (BR), IT Incident Response (IR) and IT ...

Preparing for the unexpected may be a contradiction in terms, but for financial firms it is essential for survival. The sector has long been a target for threat actors, given that this is where the ...

To quantify the aggregate losses from operational risk, we employ an actuarial risk model, ie, we consider the compound Cox model of operational risk to deal with the stochastic nature of its ...

The loss distribution approach (LDA) has evolved as the industry standard for operational risk models despite a number of known weaknesses. In particular, LDA’s traditional focus on historical loss ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. In June, Mayor Lightfoot announced sweeping measures to ...

Air-Sea Battle is described as a limited objective concept by the Department of Defense.[1] Some critics have argued that Air-Sea Battle must be more than a limited objective concept, possibly a war ...

HONG KONG, HK – December 17, 2025 – PRESSADVANTAGE – The Wedding Planner Hong Kong has announced a continued focus on its ...