An article from Insurance Business Mag.
Operational risk association ORX has published the latest edition of its annual risk landscape report, which found that the speed of change has made assessing emerging risk “difficult” this year.
According to the ORX 2022 Operational Risk Horizon report, three risk categories have been predicted to “significantly influence the emerging risk landscape” – cyber threats, macroeconomic change, and geopolitical turbulence. ORX surveyed over 50 financial firms immediately prior to Russia’s invasion of Ukraine.