Operational risk
nouncandidate·updated May 12, 2026
The risk of failure or loss resulting from inadequate or failed processes, people, or systems.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- The risk of failure or loss resulting from inadequate or failed processes, people, or systems.