ORX Scenarios Library 2022, ORX News top 5 operational risk losses of October 2022 and focus on cyber-related events

In the first half of this episode, Simon Johnson and Rob Reay-Jones take a look at the ORX Scenarios Library and consider some of the findings from this year’s submission. The ORX News team then take a look at the five largest operational risk losses reported by the ORX News team in October 2022 and explore a series of cyber-related data breaches which led to regulatory changes in Australia, as well as some findings from the ORX Cyber service regarding data on cyber events.  You can find the top 5 operational risk losses discussed in this episode on the ORX website at: https://managingrisktogether.orx.org/orx-news/top-5-orx-news-losses-q4-2022. ORX News subscribers can also access Deep Dives for more information at: https://news.orx.org/search/deep-dive. The full ORX Scenarios Insights into Material Risks 2022 report is available to members and subscribers here: https://members.orx.org/orx-publications/orx-scenarios-insights-material-risks-2022-report. You can also find out more about this year’s ORX Scenarios Library at: https://managingrisktogether.orx.org/orx-scenarios/orx-scenarios-library. To find out more about ORX Scenarios, ORX News, ORX Membership and access other operational risk resources, just search ‘ORX’ or visit: https://managingrisktogether.orx.org/