Technological risks

This type of operational risk includes – risks in the area of communications, such as errors due to poor data transmission, for example in the case of fax machines, – risks in data capture and recording, and here above all scanning errors, – risks in building security, for example malfunctioning alarm systems, and – IT risks, including above all the risk of a breakdown (failure, collapse) of an entire system (gridlock). – In Germany, credit institutions are required by law to establish appropriate security measures against computer failure, computer misuse and computer crime; see Section 25a of the German Banking Act (KWG). – See flash crash, business continuity, information assurance, mistrade, risk, banking, operational, power risk, system collapse, videoconference.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/