Ninety-one per cent of banks have specialist teams for resilience risk
Latest survey shows regulatory pressure is driving broader framing of resilience, beyond IT and cyber
This piece is part of a series benchmarking bank operational risk management practices. Sign up for Risk Benchmarking emails here.
Most banks describe their resilience risk frameworks as functional but far from bulletproof. Just 19% of institutions in Risk.net’s latest benchmarking survey said they were “very confident” in the way they structure and staff resilience risk, while 59% opted for the
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