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.

Please note: many of the documents on these pages are accessible for ICBA bank members only. Please login to access.

Pandemic News

FS-ISAC Coronavirus Update, Feb. 8, 2021

Feb 8, 2021 | Coronavirus Update
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, predicted Sunday that vaccine supplies would improve by March, with increased doses of approved vaccines from Pfizer-BioNTech and Moderna and a new vaccine candidate from Johnson & Johnson.

CISA COVID-19 call series continues

Feb 8, 2021 | NewsWatch Today Article
The Cybersecurity and Infrastructure Security Agency's series of teleconferences on COVID-19 and vaccine distribution continues this week.

CISA - Reducing the Risks of Ransomware Webinar - Feb. 11

Feb 5, 2021 | Sector Calls
Join this webinar to learn more about practical strategies and resources organizations both large and small can use to protect their business processes, networks, operations, data, and employees from ransomware threats.