# Technological risks

- Canonical URL: https://www.gerhardmerk.de/technological-risks
- Post ID: 593050
- Modified: 2023-07-25T21:14:06+00:00
- Language: en

## Definition

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. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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/

## Machine-readable

- Generator: Merk Knowledge 1.1.1