We present the shortfall deviation risk (SDR): a risk measure that represents the expected loss that occurs with a certain probability penalized by the dispersion of results that are worse than such ...

There are many types of dependencies within operational risk, such as loss frequency dependence, loss severity dependence and aggregate loss dependence. However, most studies simply choose one ...

Discover what the Professional Risk Manager (PRM) certification entails, including exams, career opportunities, and its ...

You’ve got a limited budget to spend on IT security measures. Wouldn’t it be nice to have an advisor tell you precisely how to apply your resources to improve the security of your infrastructure and ...

Trevir Nath has five years of experience as a financial writer working with various startups, financial services companies, and news publications. Trevor is an expert on business, personal finance, ...

IT risk—can it be measured, modeled, mitigated? How much data do we need? Experts Alex Hutton and Douglas Hubbard debate the finer points and reach some surprising and practical conclusions. Risk ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Today’s organizations rely on metrics more than ever before. Yet when it ...

When it comes to investing, how do you measure risk? originally appeared on Quora: the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer ...