Top 10 op risks for 2022

Although votes were cast in this year’s Top 10 operational risks survey in the advent of Russia’s war in Ukraine – within a climate of deteriorating relations and troops massing on the border – the invasion and its aftermath cast a horrible shadow over this year’s results. As banks brace for an escalation in hacking attempts from Russia-linked groups, op risk managers have never been more aware of the hazards posed to their institutional infrastructure by malevolent actors. Click to read the analysis and expert views behind the risk categories that rose up the agenda for risk managers this year, from climate litigation to talent retention.