GRC Part 1 Rethinking Risk Appetite from a Non-financial Perspective
How should the growing focus on non-financial risk, including ESG, influence how organizations view their risk appetite, and what can internal audit do to support that examination?
There are many definitions of operational risk. In these guidelines the four dimensions of protection of physical assets, people, organisation and technology form the basis of the definition of operational risk, because it has been shown that the root cause of operational risk events are often connected to these dimensions.