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Operational risk This page was last edited on 21 December 2022, at 10:50 (UTC) . Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ; additional terms may apply.
The second line of defence consists of the independent functions of Risk Management, Compliance, and Operational Risk. This line of defence monitors and facilitates the implementation of effective risk management practices by the first line, providing "oversight and challenge"; [24] and also assists the "risk owners" in producing and ...
Blitzkrieg – A method of warfare where an attacking force, spearheaded by a dense concentration of armoured and motorised or mechanised infantry formations with close air support, breaks through the opponent's line of defence by short, fast, powerful attacks and then dislocates the defenders, using speed and surprise to encircle them with the ...
SOX 404 top-down risk assessment; Three lines of defence; Total Security Management; Web Presence Management; Gordon–Loeb model for cyber security investments; Certifications: Certified Risk Professional (Institute of Risk Management) Chartered Enterprise Risk Actuary (Institute and Faculty of Actuaries) Chartered Enterprise Risk Analyst ...
The second and third lines of defense operate by making changes to the buffers, each of which consists of two components: a weak acid and its conjugate base. [ 5 ] [ 13 ] It is the ratio concentration of the weak acid to its conjugate base that determines the pH of the solution. [ 14 ]
As a former military intelligence officer, serving in the Defense Intelligence Agency (DIA), I tracked foreign threats to the U.S. homeland, identifying adversaries’ plans, intentions and ...
It is common for large corporations to have dedicated risk management teams — typically within FP&A or corporate treasury — reporting to the CRO; often these overlap the internal audit function (see Three lines of defence).
Defence in depth (also known as deep defence or elastic defence) is a military strategy that seeks to delay rather than prevent the advance of an attacker, buying time and causing additional casualties by yielding space. Rather than defeating an attacker with a single, strong defensive line, defence in depth relies on the tendency of an attack ...