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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Alert

Operational Risk News

FEMA - Daily Calls for Broad Stakeholder Business & Industry Coordination Call Regarding Hurricane Ida

Aug 30, 2021 | Sector Calls
FEMA invites you to participate in daily at 3 pm Eastern addressing coordinated efforts regarding recovery in the aftermath of Hurricane Ida.

ICBA testifying on PPP forgiveness

Aug 30, 2021 | NewsWatch Today
ICBA Chairman Robert Fisher is scheduled to testify this Wednesday at a House Small Business Committee hearing on what’s next for Paycheck Protection Program forgiveness.

ICBA offers hurricane resources

Aug 23, 2021 | NewsWatch Today
ICBA updated its Hurricane Preparedness resource center with the latest on Hurricane Grace and Tropical Storm Henri.