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 managers.

The threat from cyber attacks remains ever-present, banks say. But it is also mutating in new

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Investment banks: the future of risk control

This Risk.net survey report explores the current state of risk controls in investment banks, the challenges of effective engagement across the three lines of defence, and the opportunity to develop a more dynamic approach to first-line risk control

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