Risk.net conducts a survey every year involving participation of Chief risk officers, Head of Operational risk and Leaders from financial industry.
https://www.risk.net/risk-management/7800126/top-10-operational-risks-for-2021
This year it’s interesting to note
· Employee well being is a new risk entry replacing talent risk (2020) – interesting read
· Third party risk – as companies are increasingly dependent on handful technology vendors
· Climate change risk failed to make a cut as a separate risk category –probably overshadowed by 2020 COVID-19 impact
Can you guess a risk in the TOP 10 list which can have a domino effect events, if it is to materialize.