Risk USA: debate continues over defining reputational risk

businesswhisper

Reputational risk should be seen as an impact and not a risk, delegates at Risk USA were told this week. Panellists argued that measuring the impact of reputational risk is difficult – often because the link between a negative event and reputational damage is uncertain. "I don't believe it's a risk and we struggle with this topic because we have to ask, is it a risk?" Craig Spielmann, global head of operational risk systems and analytics at RBS, told delegates. "I look at it more as an