These are turbulent times for the financial servicesindustry.
Not only are shifting market conditions and the ever-evolvingregulatory landscape creating new hurdles for firms, but the seriesof outside risks facing financial services risk managers has neverbeen more complex. Now these professionals need to address businessinteruption, reputation and other traditional risks, as well ascyber terrorism, fraud and other 21st-century threats.
And it likely will get worse before it gets any better, as thetighter-margin business environment is forcing many firms to expandtheir operations into more risky areas, increasing their exposuresat the same time.
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