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Operational Risk Management Framework

Operational Risk Management Framework is a structured approach that organizations use to identify, assess, manage, and monitor risks that arise from their daily operations. This framework helps businesses protect their assets, maintain compliance with regulations, and ensure continuity by evaluating factors such as technology failures, employee errors, or external events like natural disasters. By implementing this framework, organizations can create strategies to minimize potential disruptions, enhance decision-making, and improve overall resilience, ensuring they can achieve their objectives even in the face of unexpected challenges.