The feature must allow users to capture risks from four primary sources: people, processes, systems, and external events.
Operational Risk Management Strategies for Business Resilience Managing Operational Risk: Practical Strategies...
For financial features, automate the Annual Loss Expectancy formula ( 3. Key Risk Indicator (KRI) Monitoring The feature must allow users to capture risks
Provide a visual grid to categorize risks from "Negligible" to "Catastrophic". Managing Operational Risk: Practical Strategies...