Discover the Best Strategies for Operational Risk Management

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Strategy Benefits
1. Risk Assessment Identify potential risks and prioritize them for mitigation
2. Internal Controls Implement processes to monitor and manage risks internally
3. Incident Reporting Establish a system for reporting and responding to incidents
4. Training and Education Educate employees on risk management practices
5. Continuous Monitoring Regularly review and update risk management strategies

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Source: Data collected from industry reports and studies.