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Operational risk is the risk of losses caused by flawed or failed processes, policies, systems or events that disrupt business operations. Employee errors, criminal activity such as fraud, and physical events are among the factors that can trigger operational risk. The process to manage operational risk is known as operational risk management. The…
Events & Measurement
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risk operational basel risks management ii losses market banks internal credit events business measurement capital loss processes systems archived fraud
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Operational risk | is a | risk of losses caused by flawed or failed processes | 0.90 | text |
| Operational risk | is a | real and live issue for modern-day banks | 0.90 | text |
| Operational risk | is a | term that has a variety of meanings and therefore | 0.90 | text |
| Operational risk | is a | quarterly journal publishing research on operational risk theory and practice | 0.90 | text |
| fraud | instance of | criminal activity | 0.80 | text |
| and physical events are among the factors that can trigger operational risk | instance of | criminal activity | 0.80 | text |
| globalization | instance of | Wider trends | 0.80 | text |
| the expansion of the internet | instance of | Wider trends | 0.80 | text |
| the rise of social media | instance of | Wider trends | 0.80 | text |
| as well as the increasing demands for greater corporate accountability worldwide | instance of | Wider trends | 0.80 | text |
| reinforce the need for proper risk management.Thus operational risk management | instance of | Wider trends | 0.80 | text |
| the military | instance of | and other institutions | 0.80 | text |
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