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Cyril Roux: Cybersecurity and cyber risk

88 Citations2015
C. Roux
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Operational risks come in many guises, and the financial system as a whole pays in particular close attention to IT risks.

Abstract

We know a lot about the financial risks such as interest rate, liquidity and credit risk that contributed to the crisis from which we are emerging. We also know that the next crisis is unlikely to be the same as the last one. That’s why we monitor other categories of risks, such as operational risks, faced by supervised firms and by the financial system as a whole. Operational risks come in many guises, and we pay in particular close attention to IT risks.