Learn how to develop comprehensive scenario storylines. This blog focuses on cyber-related data breach.

On 5 August, the EBA formally delivered its advice to the European Commission on the implementation of the Basel III framework.

The 2019 ORX Heads of Operational Risk Forum came at time of unprecedented change for the industry. Operational risk managers are facing new challenges across all areas.

What are the benefits of implementing 'umbrella' approach to operational risk management? Our study identified four main benefits – consistency and completeness; efficiency; effectiveness and agility.

We surveyed 25 financial institutions establish where cyber and information security risk management responsibilities sit across the three lines of defence, and to identify those areas where there is confusion. See what we found out.

Find out the ten most viewed operational risk loss events recorded by the ORX News team during the third quarter of 2019.

On Friday 11 August the European Commission published a public consultation document in “Implementing the final Basel III reforms in the EU”.

This Practice Benchmark showed that the industry is adopting more dynamic approaches, which are better designed to meet business needs and are more focused on managing risks at the right time. However, there are still areas that could be improved.

Did you know that you could use ORX News to support your firm’s operational risk scenario programme? Focused solely on operational risk, the ORX News service brings together publicly reported loss events from around the world.

Following on from our award-winning level 1 taxonomy, which was published in 2018, the new ORX Reference Taxonomy delves deeper into level 2 risks.

We've just launched an API, meaning you can now integrate ORX News data with your own systems, making it even more valuable.

Since 2017, institutions have submitted more than 1,100 operational risk scenarios to the ORX Scenarios library. Read on for the key trends and insights from the library in 2019.

Our recently published white paper identified five key ways that operational and non-financial risk management could benefit from using machine learning techniques. Find out what they were.

It was a busy 2019 for ORX. Just in case you missed something, here’s a quick round-up of ten of our most popular articles, reports and other updates.

ORX is delighted to announce that this month we gained our 100th member. To celebrate reaching this important milestone, we've planted 100 trees – one for each of our current members.

Find out which operational risk loss events were the most commonly read on ORX News from 1 Oct 2019-31 Dec 2019.

ORX has recently published a new reference taxonomy for operational risk. It has been positively received by members, the industry and by supervisors. But, given the rise of advanced analytics, do taxonomy have a future?

Find out which operational risk loss events were the most commonly read on ORX News from 1 Jan 2020-31 Mar 2020.