According to a survey conducted among European banks in September 2023, 75 percent of respondents indicated cyber risk and data security as the main operational threat for their banks. Conduct and legal risk was second in the list, indicated by 48 percent of respondents. The third and fourth main risk for banks operations were IT failures and fraud.
Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023
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EBA. (January 10, 2024). Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023 [Graph]. In Statista. Retrieved November 10, 2024, from https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/
EBA. "Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023." Chart. January 10, 2024. Statista. Accessed November 10, 2024. https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/
EBA. (2024). Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023. Statista. Statista Inc.. Accessed: November 10, 2024. https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/
EBA. "Main Drivers of Operational Risk for The Banking Sector in Europe According to European Banks and Analysts in 2023." Statista, Statista Inc., 10 Jan 2024, https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/
EBA, Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023 Statista, https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/ (last visited November 10, 2024)
Main drivers of operational risk for the banking sector in Europe according to European banks and analysts in 2023 [Graph], EBA, January 10, 2024. [Online]. Available: https://www.statista.com/statistics/1313848/main-drivers-of-operational-risk-among-european-banks/