You might have seen the news update lately about a global shutdown of businesses and heard the words “Crowdstrike” and “Cyber Risk” sprinkled here and
Category: Operational Risk Management
Organizations today face many challenges; from cyberattacks to human error, to disruptions in daily operational activities etc. All of these can significantly impact an organization’s reputation and well-being. This is where Operational Risk Management (ORM) comes into play. In this article, we’ll take a look at the fundamentals of ORM, its importance, effective strategies for improvement, and its relevance in organizations today.