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Cyber is top op risk for 2017, say CROs

This year's Top 10 Operational Risks survey highlights sharp rise in geopolitical risk following Brexit and Trump election

cyber is the number one op risk for 2017
Hackers are "one step ahead" of banks, warn senior op risk professionals

Cyber risk is the number one operational risk for 2017, according to Risk.net's annual survey of op risk practitioners – the second straight year it has received the top ranking.

Risk.net's 2017 Top 10 Operational Risks list is based on interviews with chief risk officers, heads of operational risk and other op risk practitioners at financial services firms, including banks, insurers and asset

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Emerging trends in op risk

Karen Man, partner and member of the global financial institutions leadership team at Baker McKenzie, discusses emerging op risks in the wake of the Covid‑19 pandemic, a rise in cyber attacks, concerns around conduct and culture, and the complexities of…

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