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 10, 2021

Jun 10, 2021 | Coronavirus Update
The seven-day average of daily US infections held below 15,000 as of Tuesday, according to data compiled by Johns Hopkins University, down 17% from a week ago and a level not seen since the early days of the pandemic.

FS-ISAC Coronavirus Update, June 9, 2021

Jun 9, 2021 | Coronavirus Update
Declines in US Covid-19 cases, emergency department visits, hospital admissions and deaths were largest in age groups that were most vaccinated. according to a new CDC-published study.

FS-ISAC Coronavirus Update, June 8, 2021

Jun 8, 2021 | Coronavirus Update
People who have been vaccinated against coronavirus are more than 90% protected against infection and, if they do become infected, they have milder disease than unvaccinated people, a new CDC study shows.