Operational Risk

Way too many risk managers are glass half-empty people.  Of course the role of risk management is to focus on  the potential things that can go wrong, but that does not mean that the risk manager has to be negatively focused.  In actual fact, it is that negative focus that has made risk managers the type of person that businesses wish to avoid rather than engage.

Many organisations unknowingly inherit significant AI risks through third-party technology and vendor services. Without rigorous independent challenge and clear ownership, vendor assurances fall short. Leaders must demand tailored evidence and embed structured AI risk governance that addresses supply chain complexities and local obligations.

Introduction Today marks a momentous occasion in the world of financial services as the Prudential Regulator APRA releases the final version of CPS230. This milestone...

Operational resilience is a critical factor in the success of any organisation, both strategically and operationally

Risk managers across the globe are always looking for best practice guidance for risk assessments. The Innovation of Risk does not typically provide postings on...

Four years on we thought it was time to remember the analysis we did on an article on the Top 10 Risks and Trends...