ORX blogs and updates

Following on from our DORA-focused discussion sessions held in November 2024, ORX hosted a virtual meeting with our members on 18 March 2025. Just over two months after the legislation came into...

A recent report from ORX Cyber on Roles and Responsibilities has revealed that 78% of banks and insurers are finding it either ‘difficult’ or ‘very difficult’ to fill cyber risk team vacancies. The...

Over the past year AI risk management has risen as an operational and non-financial risk management priority. In February 2025, we brought together senior risk professionals from our leadership...

To help keep their subscribers up to date with the latest insights and developments, the ORX News team have started to run quarterly information sessions. Held virtually, these 30-minute sessions...

The ORX Reference Process and Service Library is a new industry-developed resource, created with McKinsey & Company as knowledge partners, to support better risk management. Built with input from 50...

Each month, the ORX News team publish a list of the five largest operational risk losses reported in the previous month by industry and region. The top five provides a snapshot of the stories in the...

In this second blog exploring our journey to develop industry standards for operational and non-financial risk (ONFR), I share six key lessons we learned along the way. We've gained valuable insights...

Over the last five years, ORX has been on a strategically important journey to develop a set of contemporary industry-wide risk management standards and libraries. During this time, we've witnessed a...

We're delighted to announce that we've launched a world-first industry Reference Process and Service Library for operational and non-financial risk (ONFR), developed together with McKinsey & Company...