Cyber risks are an important point on the business agenda in every company, but they are difficult to assess due to the absence of reliable data and profound analyses. To improve this situation, we identify cyber losses from an operational risk database and analyze these with methods from the field of actuarial science. Specifically, we apply operational risk models in order to yield consistent...

The use of uncontrolled financial spreadsheets can expose organizations to unacceptable business and compliance risks, including errors in the financial reporting process, spreadsheet misuse and fraud, or even significant operational errors. These errors have been well documented and thoroughly researched by the European Spreadsheet Risks Interest Group [EuSpRIG, 2005]. With the advent of regul...

The 2008 financial crisis and the eruption of COVID-19 pandemic have forced banks in Jordan to change their operation pattern. Thus, main purpose this study is examine impact operations risk measured by capital that commercial must hold cover operational exposure on listed Jordanian performance, represented two dependent variables: earning per share (EPS) stock market value (MV). used a panel d...

Enterprise resource planning (ERP) projects are considered to be expensive, time-consuming, difficult to manage, and extremely risky. ERP projects are risky from strategic, operational, technical and organisational perspectives. Risks and critical success factors of ERP projects have been widely studied, and the management of risks is a key to a successful ERP project. Generic risk analyses hav...

limited government resources, inadequate domestic bank resources and international financial restrictions are major obstacles to the implementation of infrastructure projects in the country and providing development programs. now the proceeds from the sale of crude oil are the main source of revenue for the country's infrastructure development. meanwhile, sukuk of istisna can prove their c...

In recent years, spectacular defaults, such as Barings, as well as new requirements from the Basel Committee on Banking Supervision (Basel II) have forced banks to start measuring and managing operational risks (OpRisk) risks arising from the failure of people, processes, systems and external events. Contrary to market and credit risk, there are no standard methods for the quantification of ope...