Operational Risk

1. Operational Risk is risk of loss resulting from lack of or failed internal processes, people, and systems, or from external events. (Source: Business Continuity Management Institute - BCM Institute) Click to know more OR courses Operational Risk: Note (1): includes legal risk, but excludes strategic and reputational risk. Related Terms:Operational Risk Management, Operational Resilience 2. The risk of loss resulting from inadequate or failed procedures and controls. (Source: ENISA - the European Network and Information Security Agency. BCM & Resilience Glossary) BCM Institute's Professional Training and Certification BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1B: Foundation (BC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1C: Foundation (CM) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1CC: Foundation (CC) BCMBoK Competency Level BCMBoK 0: BCM Fundamentals CL 1D: Foundation (DR) BCMBoK Competency Level BCMBoK 0: OR Fundamentals CL 1OR: Foundation (OR)

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A Manager’s Guide to Operational Resilience (eBook)