Scenario analysis is at a turning point
In the newly released white paper, State of the Industry 2024, the ORX Scenarios team explore priorities and future directions in the end-to-end scenario process. Download the free paper to discover the six industry priorities for financial firms to enhance their scenario process.
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Risk quantification practices in 2024: four key takeaways
This blog highlights the four key takeaways for risk quantification in 2024, taken from our recent Risk Quantification Practices Paper 2024. The findings include being made in cyber risk quantification, challenges with third party risk quantification and climate risk categorisation, and the need to to quantify AI-associated risks.
Operational resilience lessons from the CrowdStrike incident
This blog summarises the incident that took place in July 2024, where a routine update by cybersecurity firm CrowdStrike to their Falcon Sensor agent left millions of Windows PC users facing the blue screen of death. It draws insights from ORX Operational Resilience Working Group discussions to understand their experiences and gain insights into actions taken both during the incident and in the days following, as well as what the incident has brought to light.
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