Specific Operational Risk Assessment

Specific Operational Risk Assessment is a process used by organizations to identify and evaluate potential risks that could disrupt their everyday operations. This involves analyzing various factors such as internal processes, technology, and human resources to pinpoint vulnerabilities. The goal is to understand what could go wrong, how likely it is to happen, and what impact it could have on the business. By assessing these risks, companies can implement strategies to mitigate them, ensuring smoother operations and protecting their assets, reputation, and overall performance.