Description: Operational risks refer to the inherent threats in the operation of a system that can lead to vulnerabilities. These risks can arise from various sources, including failures in internal processes, human errors, inadequate or failed technological systems, and external events such as natural disasters. Identifying and managing these risks is crucial to ensuring business continuity and information security. In the context of technology, operational risks can manifest as security breaches, data loss, service interruptions, and damage to the organization’s reputation. Evaluating these risks involves a thorough analysis of existing vulnerabilities in systems and processes, as well as implementing appropriate controls to mitigate them. Effective management of operational risks not only protects the organization from potential financial losses but also ensures the trust of customers and stakeholders, which is essential in an increasingly digital and technology-dependent business environment.
