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

FS-ISAC Coronavirus Update, June 2, 2021

Jun 1, 2021 | Coronavirus Update
With about 34,500 new cases reported last week, the US saw the lowest number of weekly Covid-19 cases among children since early October, the American Academy of Pediatrics said Tuesday.

FS-ISAC Coronavirus Update, May 24, 2021

May 24, 2021 | Coronavirus Update
A new study conducted between April and May led by Public Health England has found that two doses of either the Pfizer-BioNTech or AstraZeneca-University of Oxford vaccine gives effective protection against the Covid variant first discovered in India.

FS-ISAC Coronavirus Update, May 21, 2021

May 21, 2021 | Coronavirus Update
The Washington state Department of Health is announcing the closure of two of its four mass vaccination sites; coming as the state has vaccinated nearly 40% of its population.