Types of operational risk loss by event, May 2009 to May 2011

technology vortex

Download a pdf of this month's data page

Internal fraud continued to be a problem for financial companies. Over the past two years, when internal fraud events appeared in the monthly top five losses, they caused higher losses than any other type of activity. In May, three Asian financial institutions suffered significant losses when their executives engaged in fraudulent activity, with Busan Savings Bank’s loss making up 92% of the month’s total top five losses.

This month’s data included two

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

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