Attacks on US demonstrate extremes of operational risk


NEW YORK -- The September 11 attacks that devastated New York's financial district showed in stark terms the enormous scale of the risks posed by extreme operational hazards, operational risk managers and analysts said in the wake of the catastrophe.

The implications for op risk management will take months to absorb. But financial services firms around the world are likely to remain prime targets for the terrorists believed to be behind the attacks, said analysts.

And governments expect the f

To continue reading...

You need to sign in to use this feature. If you don’t have a 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 indvidual account here: