Operational risk is the risk of a change in value caused by actual losses incurred as a result of inadequate or failed internal processes, people and systems, or from external events.
« Back to Glossary Index
« Back to Glossary Index
Operational risk is the risk of a change in value caused by actual losses incurred as a result of inadequate or failed internal processes, people and systems, or from external events.
« Back to Glossary Index