Operational Resilience
August 16, 2023
Editor's letter: Does AI fuel fraud? New data shows op risk incidents soar
Welcome back to the Banking Risk & Regulation newsletter. Data from the world’s largest operational risk association show a record number of operational...
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August 15, 2023
Operational risk ‘incidents’ surge 26% because of AI and low-risk fraud
Generative AI has contributed to the highest number of operational risk “incidents” since 2017, according to ORX. Data from the...
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August 8, 2023
Editor's letter: Why banks could face another Archegos blow-up
Welcome back to the Banking Risk & Regulation newsletter. European regulators are grappling with the growing risk of cyber attacks...
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August 8, 2023
Banks should dive into new DLT sandbox
UK banks can experiment more freely with distributed ledger technology under new laws designed to modernise financial services. They should...
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August 7, 2023
A perfect storm: Europe’s banks in the crosshairs of cyber attacks
The war in Ukraine, rapid digitalisation of banking services and shifts in underlying IT systems are making European banks a...
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July 26, 2023
Why banks need to look out for supply chain attacks
In the digital age of hyperconnected supply chains, hackers have a larger attack surface area than ever to target, and...
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July 20, 2023
WFH puts bankers at risk of culture drift
The risk of slow cultural drift is worrying experts, as working from home becomes so popular that banks downsize their...
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July 11, 2023
Chinese spy law gives banks jitters
International banks in China face heightened political and operational risk following the introduction of a tougher anti-spying law. Foreign businesses...
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June 29, 2023
Quantum computing: the risks to prepare for
A new blueprint gives banks a headstart on how to tackle security in the quantum computing era, as experts warn...
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June 14, 2023
US regulators announce guidance on third-party risk management: ‘a key compliance issue’
US federal banking regulators have published updated guidance on managing the risk of third-party relationships, expanding the scope of existing...
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March 1, 2023
US Treasury warns on cloud risks for financial services
Report suggests that there needs to be better information sharing and collaboration between cloud service providers, firms and regulators. The...
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