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 ...

Just because a critical failure hasn’t happened yet doesn’t mean it won’t happen in the future. The question becomes: If it ...

Challenging times present an opportunity for organizations to perform detailed assessments of their operations. While recent stock market turmoil has many organizations worried about both short and ...

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 ...

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 ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

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 ...

What is the Digital Operational Resilience Act (DORA)? The Digital Operational Resilience Act (DORA) is designed to “consolidate and upgrade ICT [information and communications technology] risk ...

Jireh, a reinsurance innovation solutions provider, and Strategic Risk Solutions (SRS), an independent insurance company ...

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