Top 10 op risks 2019: data compromise

Big data provides big target for hackers, as banks wrestle with risk of monetary and reputational loss

The threat of data loss through cyber attack, combined with an awareness among managers that defences are vulnerable, has made data compromise a perennial concern for op risk managers. But the advent of strict new regulation has intensified those fears, helping propel the category to the top of our annual survey for the first time.

Risk managers are discovering that big data – or the aggregation and cross-referencing of multiple sources of information – can play an important part in fraud

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here