Banking Operational Risk Loss Data
Summary Report 2026
Banks reported their lowest operational risk losses in five years. One event type's severity still tripled.

10000+
Op risk professionals
20+
Years of knowledge
140+
Financial firms
About ORX
Founded in 2002, ORX is the world's largest operational risk association for financial services - bringing banks, insurers and asset managers together to share loss data, research and standards, so firms can benchmark, strengthen decision-making and build resilience without solving the same problems in isolation.
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ORX Banking Operational Risk Loss Data 2026
How does your operational risk profile compare with the wider banking industry?
Drawing on operational risk loss data from 79 banking institutions, this summary explores how operational risk losses and event volumes evolved across the banking sector between 2020 and 2025. The analysis is supported by a database containing €674 billion in reported gross losses and 1,292,110 operational risk events.
Headline figures only tell part of the story. Although total gross loss fell to a five-year low in 2025, individual event types followed very different paths. Most notably, the severity of Technology & Infrastructure Failure events nearly tripled, highlighting the importance of looking beyond aggregate trends to understand where risk is changing.
Whether you're preparing board reports, reviewing scenarios or benchmarking your experience against the market, this summary provides a concise snapshot of the latest operational risk loss trends across the banking sector.
What the full report adds
New taxonomy-led analysis: Comparing realised losses against perceived risk from the Top Risk Review
Event types in focus: Execution, Delivery & Process Management, and Technology & Infrastructure Failure
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Full access to ORX resources, including global, industry and regional loss (as an add-on) data exchanges, working groups and focused peer collaboration, with tailored engagement to meet your firm’s needs.
ORX Scenarios
Tools, benchmarks and practitioner collaboration to develop credible and defensible risk scenarios. Includes up-to-date scenario library based on real industry information and risk handbooks and workbooks.
ORX News
Industry-leading provider of publicly reported operational risk loss events from around the world. Led by our dedicated research team, providing timely, verified insights into operational and cyber risk events categorised to ORX data standards.
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A dedicated service uniting second-line cyber and information security risk professionals globally, providing a trusted framework, data sharing, benchmarking and peer collaboration to strengthen oversight and drive the advancement of cyber risk management.
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A streamlined way to engage with the ORX community and stay aligned with industry developments without participating in loss data exchange.
ORX Industry Standards
ORX taxonomies and reference libraries available as a one-time purchase offering firms a trusted foundation for alignment, optimisation and benchmarking against industry standards.
