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Fraud drives frequency in operational risk losses

Press release

- Sep 4, 2023

Fraud drives frequency in operational risk losses

Banks report lowest financial losses in 2022 despite the challenging operating environment, but an increase in fraud is driving up annual loss frequency. Global annual operational risk loss figures...

ORX Greenwashing toolkit helps financial institutions tackle ESG

We've launched a greenwashing toolkit to support global banks and insurers create a greenwashing scenario - responding to the rapidly growing regulatory and societal focus on climate-related...

Insufficient investment, skills and data significant challenges to quantifying cyber risk

ORX Cyber Community

- Mar 3, 2022

ORX Cyber

Insufficient investment, skills and data significant challenges to quantifying cyber risk

Cyber is one of the top risks facing the financial services industry, but organisations are still working out the best way to quantify it, according to a report – Cyber Risk Management: The journey...

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