Operational risks are those that arise from the day-to-day operations of a business. These risks can include things like equipment failures, supply chain disruptions, and human errors.
Business continuity planning is a well-established means for managing operational risk. It focuses on creating processes and systems to ensure the continuation of critical business functions during and after a disruption or crisis, such as natural disasters, cyber attacks, or other events that can impact regular operations.
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Rajiv8047
1 year agoigrd
1 year, 7 months ago