Karl Viertel, GRC Manager, discusses how operational risk is manageable as long as the organization keeps its losses within the same level of risk tolerance (risk appetite), determined by balancing the costs of risk mitigation against the expected outcome benefits.
Tackling Operational Risk: A Crucial Step in an Effective Risk Management Process
Karl Viertel, GRC Manager, discusses how operational risk is manageable as long as the organization keeps its losses within the same level of risk tolerance (risk appetite), determined by balancing the costs of risk mitigation against the expected outcome benefits.
