Operational Risk and Resilience

Operational Risk and Resilience

Author: Chris Frost

Publisher: Elsevier

Published: 2000-11-14

Total Pages: 319

ISBN-13: 008051314X

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Well publicised failures in risk management have appeared with shocking frequency over the past few years. Affected firms can suffer significant commercial damage or even bankruptcy as a result. Only now is there a growing realisation that risk management is a key management responsibility. This book will help turn your firm into a 'risk aware' organization which will be able to avoid catastrophic loss. It will also enable senior management to make better strategic and operational decisions, thanks to an informed understanding of business hazards. Case studies from a wide cross section of different firms and markets are used to explain how to define, analyse and control operational risk. An insightful guide to one of the key topics of modern strategic and operational management, written by a team of expert risk management professionals Learn about the application of operational risk management to a wide range of market sectors, including commercial, retail and investment banking, investment management, insurance, the energy industry, telecommunications, manufacturing and logistics Case studies and worked examples from around the world, including North America, Western Europe, South East Asia and Latin America


Book Synopsis Operational Risk and Resilience by : Chris Frost

Download or read book Operational Risk and Resilience written by Chris Frost and published by Elsevier. This book was released on 2000-11-14 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well publicised failures in risk management have appeared with shocking frequency over the past few years. Affected firms can suffer significant commercial damage or even bankruptcy as a result. Only now is there a growing realisation that risk management is a key management responsibility. This book will help turn your firm into a 'risk aware' organization which will be able to avoid catastrophic loss. It will also enable senior management to make better strategic and operational decisions, thanks to an informed understanding of business hazards. Case studies from a wide cross section of different firms and markets are used to explain how to define, analyse and control operational risk. An insightful guide to one of the key topics of modern strategic and operational management, written by a team of expert risk management professionals Learn about the application of operational risk management to a wide range of market sectors, including commercial, retail and investment banking, investment management, insurance, the energy industry, telecommunications, manufacturing and logistics Case studies and worked examples from around the world, including North America, Western Europe, South East Asia and Latin America


Operational Resilience

Operational Resilience

Author: Mike Brookbanks

Publisher: Global Professional Publishi

Published: 2002

Total Pages: 198

ISBN-13: 9780852976913

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� Published in association with IBM � Effective and comprehensive solutions This book describes how to develop a holistic framework for measuring, controlling, detecting, and responding to operational risk in all its manifestations. It provides the reader with a viable route to addressing this increasingly important issue in an effective and comprehensive manner.


Book Synopsis Operational Resilience by : Mike Brookbanks

Download or read book Operational Resilience written by Mike Brookbanks and published by Global Professional Publishi. This book was released on 2002 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: � Published in association with IBM � Effective and comprehensive solutions This book describes how to develop a holistic framework for measuring, controlling, detecting, and responding to operational risk in all its manifestations. It provides the reader with a viable route to addressing this increasingly important issue in an effective and comprehensive manner.


Operational Risk Management

Operational Risk Management

Author: Ariane Chapelle

Publisher: John Wiley & Sons

Published: 2019-02-04

Total Pages: 272

ISBN-13: 1119549043

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OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.


Book Synopsis Operational Risk Management by : Ariane Chapelle

Download or read book Operational Risk Management written by Ariane Chapelle and published by John Wiley & Sons. This book was released on 2019-02-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: OpRisk Awards 2020 Book of the Year Winner! The Authoritative Guide to the Best Practices in Operational Risk Management Operational Risk Management offers a comprehensive guide that contains a review of the most up-to-date and effective operational risk management practices in the financial services industry. The book provides an essential overview of the current methods and best practices applied in financial companies and also contains advanced tools and techniques developed by the most mature firms in the field. The author explores the range of operational risks such as information security, fraud or reputation damage and details how to put in place an effective program based on the four main risk management activities: risk identification, risk assessment, risk mitigation and risk monitoring. The book also examines some specific types of operational risks that rank high on many firms' risk registers. Drawing on the author's extensive experience working with and advising financial companies, Operational Risk Management is written both for those new to the discipline and for experienced operational risk managers who want to strengthen and consolidate their knowledge.


Operational Risk and Resilience

Operational Risk and Resilience

Author: Chris Frost

Publisher:

Published: 2001

Total Pages:

ISBN-13:

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Book Synopsis Operational Risk and Resilience by : Chris Frost

Download or read book Operational Risk and Resilience written by Chris Frost and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:


CERT Resilience Management Model (CERT-RMM)

CERT Resilience Management Model (CERT-RMM)

Author: Richard A. Caralli

Publisher: Addison-Wesley Professional

Published: 2010-11-24

Total Pages: 1059

ISBN-13: 0132565889

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CERT® Resilience Management Model (CERT-RMM) is an innovative and transformative way to manage operational resilience in complex, risk-evolving environments. CERT-RMM distills years of research into best practices for managing the security and survivability of people, information, technology, and facilities. It integrates these best practices into a unified, capability-focused maturity model that encompasses security, business continuity, and IT operations. By using CERT-RMM, organizations can escape silo-driven approaches to managing operational risk and align to achieve strategic resilience management goals. This book both introduces CERT-RMM and presents the model in its entirety. It begins with essential background for all professionals, whether they have previously used process improvement models or not. Next, it explains CERT-RMM’s Generic Goals and Practices and discusses various approaches for using the model. Short essays by a number of contributors illustrate how CERT-RMM can be applied for different purposes or can be used to improve an existing program. Finally, the book provides a complete baseline understanding of all 26 process areas included in CERT-RMM. Part One summarizes the value of a process improvement approach to managing resilience, explains CERT-RMM’s conventions and core principles, describes the model architecturally, and shows how itsupports relationships tightly linked to your objectives. Part Two focuses on using CERT-RMM to establish a foundation for sustaining operational resilience management processes in complex environments where risks rapidly emerge and change. Part Three details all 26 CERT-RMM process areas, from asset definition through vulnerability resolution. For each, complete descriptions of goals and practices are presented, with realistic examples. Part Four contains appendices, including Targeted Improvement Roadmaps, a glossary, and other reference materials. This book will be valuable to anyone seeking to improve the mission assurance of high-value services, including leaders of large enterprise or organizational units, security or business continuity specialists, managers of large IT operations, and those using methodologies such as ISO 27000, COBIT, ITIL, or CMMI.


Book Synopsis CERT Resilience Management Model (CERT-RMM) by : Richard A. Caralli

Download or read book CERT Resilience Management Model (CERT-RMM) written by Richard A. Caralli and published by Addison-Wesley Professional. This book was released on 2010-11-24 with total page 1059 pages. Available in PDF, EPUB and Kindle. Book excerpt: CERT® Resilience Management Model (CERT-RMM) is an innovative and transformative way to manage operational resilience in complex, risk-evolving environments. CERT-RMM distills years of research into best practices for managing the security and survivability of people, information, technology, and facilities. It integrates these best practices into a unified, capability-focused maturity model that encompasses security, business continuity, and IT operations. By using CERT-RMM, organizations can escape silo-driven approaches to managing operational risk and align to achieve strategic resilience management goals. This book both introduces CERT-RMM and presents the model in its entirety. It begins with essential background for all professionals, whether they have previously used process improvement models or not. Next, it explains CERT-RMM’s Generic Goals and Practices and discusses various approaches for using the model. Short essays by a number of contributors illustrate how CERT-RMM can be applied for different purposes or can be used to improve an existing program. Finally, the book provides a complete baseline understanding of all 26 process areas included in CERT-RMM. Part One summarizes the value of a process improvement approach to managing resilience, explains CERT-RMM’s conventions and core principles, describes the model architecturally, and shows how itsupports relationships tightly linked to your objectives. Part Two focuses on using CERT-RMM to establish a foundation for sustaining operational resilience management processes in complex environments where risks rapidly emerge and change. Part Three details all 26 CERT-RMM process areas, from asset definition through vulnerability resolution. For each, complete descriptions of goals and practices are presented, with realistic examples. Part Four contains appendices, including Targeted Improvement Roadmaps, a glossary, and other reference materials. This book will be valuable to anyone seeking to improve the mission assurance of high-value services, including leaders of large enterprise or organizational units, security or business continuity specialists, managers of large IT operations, and those using methodologies such as ISO 27000, COBIT, ITIL, or CMMI.


Operational Resilience in Financial Institutions

Operational Resilience in Financial Institutions

Author: Lyndon Bird

Publisher:

Published: 2014

Total Pages: 318

ISBN-13: 9781782720966

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Book Synopsis Operational Resilience in Financial Institutions by : Lyndon Bird

Download or read book Operational Resilience in Financial Institutions written by Lyndon Bird and published by . This book was released on 2014 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Operational Risk Modeling in Financial Services

Operational Risk Modeling in Financial Services

Author: Patrick Naim

Publisher: John Wiley & Sons

Published: 2019-05-28

Total Pages: 327

ISBN-13: 1119508509

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Transform your approach to oprisk modelling with a proven, non-statistical methodology Operational Risk Modeling in Financial Services provides risk professionals with a forward-looking approach to risk modelling, based on structured management judgement over obsolete statistical methods. Proven over a decade’s use in significant banks and financial services firms in Europe and the US, the Exposure, Occurrence, Impact (XOI) method of operational risk modelling played an instrumental role in reshaping their oprisk modelling approaches; in this book, the expert team that developed this methodology offers practical, in-depth guidance on XOI use and applications for a variety of major risks. The Basel Committee has dismissed statistical approaches to risk modelling, leaving regulators and practitioners searching for the next generation of oprisk quantification. The XOI method is ideally suited to fulfil this need, as a calculated, coordinated, consistent approach designed to bridge the gap between risk quantification and risk management. This book details the XOI framework and provides essential guidance for practitioners looking to change the oprisk modelling paradigm. Survey the range of current practices in operational risk analysis and modelling Track recent regulatory trends including capital modelling, stress testing and more Understand the XOI oprisk modelling method, and transition away from statistical approaches Apply XOI to major operational risks, such as disasters, fraud, conduct, legal and cyber risk The financial services industry is in dire need of a new standard — a proven, transformational approach to operational risk that eliminates or mitigates the common issues with traditional approaches. Operational Risk Modeling in Financial Services provides practical, real-world guidance toward a more reliable methodology, shifting the conversation toward the future with a new kind of oprisk modelling.


Book Synopsis Operational Risk Modeling in Financial Services by : Patrick Naim

Download or read book Operational Risk Modeling in Financial Services written by Patrick Naim and published by John Wiley & Sons. This book was released on 2019-05-28 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transform your approach to oprisk modelling with a proven, non-statistical methodology Operational Risk Modeling in Financial Services provides risk professionals with a forward-looking approach to risk modelling, based on structured management judgement over obsolete statistical methods. Proven over a decade’s use in significant banks and financial services firms in Europe and the US, the Exposure, Occurrence, Impact (XOI) method of operational risk modelling played an instrumental role in reshaping their oprisk modelling approaches; in this book, the expert team that developed this methodology offers practical, in-depth guidance on XOI use and applications for a variety of major risks. The Basel Committee has dismissed statistical approaches to risk modelling, leaving regulators and practitioners searching for the next generation of oprisk quantification. The XOI method is ideally suited to fulfil this need, as a calculated, coordinated, consistent approach designed to bridge the gap between risk quantification and risk management. This book details the XOI framework and provides essential guidance for practitioners looking to change the oprisk modelling paradigm. Survey the range of current practices in operational risk analysis and modelling Track recent regulatory trends including capital modelling, stress testing and more Understand the XOI oprisk modelling method, and transition away from statistical approaches Apply XOI to major operational risks, such as disasters, fraud, conduct, legal and cyber risk The financial services industry is in dire need of a new standard — a proven, transformational approach to operational risk that eliminates or mitigates the common issues with traditional approaches. Operational Risk Modeling in Financial Services provides practical, real-world guidance toward a more reliable methodology, shifting the conversation toward the future with a new kind of oprisk modelling.


Operational Resilience in Digital Payments: Experiences and Issues

Operational Resilience in Digital Payments: Experiences and Issues

Author: Mr. Tanai Khiaonarong

Publisher: International Monetary Fund

Published: 2021-12-10

Total Pages: 38

ISBN-13: 1616355913

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Major operational incidents in payment systems suggest the need to improve their resiliency. Meanwhile, as payment infrastructures become more digitalized, integrated, and interdependent, they require an even higher degree of resilience. Moreover, risks that could trigger major disruptions have become more acute given the rise in power outages, cyber incidents, and natural disasters. International experiences suggest the need to strengthen reliability objectives, redundancies, assessment of critical service providers, endpoint security, and alternative arrangements


Book Synopsis Operational Resilience in Digital Payments: Experiences and Issues by : Mr. Tanai Khiaonarong

Download or read book Operational Resilience in Digital Payments: Experiences and Issues written by Mr. Tanai Khiaonarong and published by International Monetary Fund. This book was released on 2021-12-10 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Major operational incidents in payment systems suggest the need to improve their resiliency. Meanwhile, as payment infrastructures become more digitalized, integrated, and interdependent, they require an even higher degree of resilience. Moreover, risks that could trigger major disruptions have become more acute given the rise in power outages, cyber incidents, and natural disasters. International experiences suggest the need to strengthen reliability objectives, redundancies, assessment of critical service providers, endpoint security, and alternative arrangements


CERT® Resilience Management Model

CERT® Resilience Management Model

Author: Richard A. Caralli

Publisher:

Published: 1900

Total Pages: 1059

ISBN-13:

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CERT® Resilience Management Model (CERT-RMM) is an innovative and transformative way to manage operational resilience in complex, risk-evolving environments. CERT-RMM distills years of research into best practices for managing the security and survivability of people, information, technology, and facilities. It integrates these best practices into a unified, capability-focused maturity model that encompasses security, business continuity, and IT operations. By using CERT-RMM, organizations can escape silo-driven approaches to managing operational risk and align to achieve strategic resili.


Book Synopsis CERT® Resilience Management Model by : Richard A. Caralli

Download or read book CERT® Resilience Management Model written by Richard A. Caralli and published by . This book was released on 1900 with total page 1059 pages. Available in PDF, EPUB and Kindle. Book excerpt: CERT® Resilience Management Model (CERT-RMM) is an innovative and transformative way to manage operational resilience in complex, risk-evolving environments. CERT-RMM distills years of research into best practices for managing the security and survivability of people, information, technology, and facilities. It integrates these best practices into a unified, capability-focused maturity model that encompasses security, business continuity, and IT operations. By using CERT-RMM, organizations can escape silo-driven approaches to managing operational risk and align to achieve strategic resili.


Operational Risk Management in Financial Services

Operational Risk Management in Financial Services

Author: Anthony Tarantino

Publisher: John Wiley and Sons

Published: 2010-12-16

Total Pages: 34

ISBN-13: 0470909684

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Banking is at the forefront of the effort to quantify and measure operational risk and as such can be role model beyond the financial services industry. The Basel Committee of the Bank for International Settlements (BIS) has created a new capital accord, known as Basel II. Basel II requires banks to establish an operational risk management (ORM) framework and compute an explicit capital charge for operational risk once it is adopted. This chapter from Goverance, Risk, and Compliance Handbook, by Anthony Tarantino, outlines different approaches, tools, and guidance on operational risk management for financial services companies.


Book Synopsis Operational Risk Management in Financial Services by : Anthony Tarantino

Download or read book Operational Risk Management in Financial Services written by Anthony Tarantino and published by John Wiley and Sons. This book was released on 2010-12-16 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Banking is at the forefront of the effort to quantify and measure operational risk and as such can be role model beyond the financial services industry. The Basel Committee of the Bank for International Settlements (BIS) has created a new capital accord, known as Basel II. Basel II requires banks to establish an operational risk management (ORM) framework and compute an explicit capital charge for operational risk once it is adopted. This chapter from Goverance, Risk, and Compliance Handbook, by Anthony Tarantino, outlines different approaches, tools, and guidance on operational risk management for financial services companies.