Operational risk scenario analysis has existed for a long time. Why is it under more scrutiny now? Patrick Naim, Elseware: I wouldn’t describe it as scrutiny so much as more ambitious objectives for ...

No single standard addresses every security risk. The core challenge for AI data center operators is the lack of integration ...

Atkar: Not necessarily on operational risk. For instance, the recent Basel paper on the treatment of insurance to mitigate operational risks proposes arguably a more complicated approach than ...

AI risk must be integrated into established operational risk thinking and quantitative cyberrisk governance approaches.

Below γ_c, the network is in an ordered phase: a compromised node is unlikely to infect the broader graph. A breach remains a ...

The U.S. bank supervisory agencies recently issued for public comment revised guidance regarding the implementation of the proposed Basel II-related, risk-based capital requirements. Among the ...

The African Risk Capacity (ARC) Group, in partnership with the Government of Rwanda, has convened a high-level technical workshop in Rubavu focused on finalising Rwanda’s drought risk model and ...

Why industry leaders must look past the hype to the hard realities. Artificial intelligence is transforming banking at unprecedented speed — powering fraud detection, compliance automation, credit ...

Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Banks must enhance cyber security and operational resilience to counteract threats from advanced AI models like Anthropic ...