Real-World Failures Caused by Poor Operational Risk Controls
Analyze real-life operational failures (e.g., bank fraud, airline system outage). Focus: causes, impact, and lessons learned. Include both financial and non-financial sectors.
Category: Operational Risk
Demystifying Operational Risk: What It Really Means in Practice
Introduce the concept of operational risk in simple terms. Use examples like a failed bank transaction or a supply chain glitch at a retail company. Focus: definition, key components, and why it matters.