Financial institutions are in the business of risk management and reallocation, and they have developed sophisticated risk management systems to carry out these tasks. The basic components of a risk ...

Scroll through social media and you’ll likely see it: fake profiles, bot spam, phishing links. Most don’t realize that many aren’t bots. Rather, they’re run by a criminal operation in Myanmar, one ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Thomas J Catalano is a CFP and Registered Investment Adviser with ...

When you own or manage a business, there's always a risk of loss or failure. Your decisions can affect how much risk your company faces, whether it's a financial risk, the risk of adopting a bad ...

Financial companies are still trying to get a grip on the amorphous concept of “operational risk,” but big ones are making more progress, the latest Executive Forum, American Banker’s quarterly online ...

Operational risk is the silent compounding factor in alternative asset management. When it’s well managed, investors rarely ...

The operational risk component of the agencies' capital proposal could not possibly pass any cost-benefit analysis, write Grag Baer and Francisco Covas, of Bank Policy Institute. If the capital rule ...

In the contemporary business landscape, information technology is the central nervous system of most organizations. Its ...

Gone are the years of simplicity in business operations. Exponential growth and change in risks, regulations, globalization, processes, employees, distributed operations, competitive velocity, ...