Written by Symestic | Jun 25, 2024 9:33:05 PM
Operational risk management (ORM) refers to the identification, assessment and management of operational risks in a company. The aim is to minimize potential losses and ensure business continuity.
- Risk management: Identification and assessment of risks.
- Risk control: Implementation of measures to minimize risks.
- Continuity: Ensuring business continuity.
ORM helps to control operational risks and increase corporate security.