Digital Transformation, News, Operational Resilience

Operational risk ‘incidents’ surge 26% because of AI and low-risk fraud 

By Giada Zampano
Image: Getty Images

Generative AI has contributed to the highest number of operational risk “incidents” since 2017, according to ORX.

Data from the world’s largest operational risk association found that more sophisticated technology and low-risk fraud had led to a reported loss number of 76,620 events in 2022, a 26.4% rise ...

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