Educational video/presentation for bank employees.

Profile photo for Yaroslav Bondarenko
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0:00
Elearning
12
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Vocal Characteristics

Language

English

Voice Age

Middle Aged (35-54)

Accents

North American (General)

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
every day we face risks while we go about our lives. Beat at home at work or outside. Take, for example, crossing a busy road. We risk being hit by an oncoming vehicle if we're not careful to reduce the risk of being hit. Various controls such as traffic lights, zebra crossings and overhead bridges are usually Putin place. These controls are important as an accident can cause serious injury or even death. As an employee of the bank, you also face risks while performing your duties. Controls are put in place to protect you and the bang. From these risks, you are expected to comply with the controls and for good reason. The risks often have severe consequences if left unchecked. Can you guess what these consequences are? The risks that we will cover in this lesson, our technology and operational risk. This lesson consists off two topics and final quiz. You must pass the quiz in order to complete the entire lesson. By the end of this lesson, you should be able to identify technology and operational risks in York. Daily work list to the key controls that are in place to manage these risks recognized the importance of technology and operational risk controls and stayed the impact of lapses of these controls. This lesson will take about 16 minutes to complete. Click the next button to begin before we do an in depth study off technology and operational risk that is important to first understand the concept of risk management. Simply boot risk management centres around, asking four main questions. What can go wrong? We first I'd in to fight the risks involved. How that can it get We measured the impact off risk happening? What is the likelihood of its happening? We determined the chances of the risk happening. This question and the previous one are part of the risk assessment exercise. What can be done to prevent it from happening will list the controls that can mitigate the risks. Going back to our example of crossing a busy road we can easily find the answer to. Each question would be easy for technology and operational risk. Let us find out Topic one Technology Risk and controls. By the end of this topic, you should be able to state the definition of technology risk, list the types of technology risk recall the global threats post by technology risk and identify the controls put in place to mitigate technology risk