Operational Risk

Operational Risk includes risks such as cyber, data and physical security, natural disasters, pandemics or other internal and external forces.

Operational Risk includes risks such as cyber, data and physical security, natural disasters, pandemics or other internal and external forces that should be addressed in a community bank's disaster recovery, business continuity, incident response, or pandemic plans.

In some cases, Operational Risk can also result from inadequate or failed procedures, systems, or polices due to employee error, system failure, fraud or criminal activity.

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Operational Risk News

FDIC launches campaign promoting financial inclusion

Apr 16, 2021 | NewsWatch Today
The FDIC launched a public awareness campaign supporting financial empowerment to educate consumers about the benefits of opening a bank account to gain access to safe, low-cost financial products.

FS-ISAC Coronavirus Update, April 16, 2021

Apr 16, 2021 | Coronavirus Update
The seven-day average of US daily new coronavirus infections is 71,282, according to Johns Hopkins University data, up 8% from one week ago, and overall cases are rising in 33 states and Washington, D.C.

CISA - Critical Infrastructure Hurricane Response During a Pandemic

Apr 14, 2021 | Sector Calls
The Cybersecurity and Infrastructure Security Agency (CISA) invites you to participate in a webinar discussion on its role and resources in annual hurricane preparedness.