Overview:
Because Operational Risk (OR) is disparate and exists within all companies and organizations, i.e., it is not specific to certain industries, it can be difficult for non-practitioners to understand. It can also be challenging for OR professionals to explain. Armed with the standard definition of OR and with recent examples, you will be able to both understand and to explain the concept of OR.
Detailed Instructions:
Perform a search in order to identify four Operational Risk events and provide a brief explanation (one paragraph) for each event explaining why it can be considered as such while utilizing the definition of Operational Risk. In your submission, please provide links to each of the events that you choose.