Today, no business or organization is immune from operational risk. It is an ever-present challenge for organizations across various industries. Operational risk encompasses various challenges for organizations, including risks related to employee conduct, third-party engagements, data vulnerabilities, business processes,and controls. Additionally, organizations also face cultural, moral, and ethical risks within their operational landscape. Additionally, the adoption of new technologies like automation, robotics, and artificial intelligence adds another layer of complexity with technology risks.

Join for free to read