Reputational risk tops central bank concerns
Cyber security and credit/counterparty risk followed
Reputational risk is at the top of central banks’ concerns, Central Banking’s Risk Management Benchmarks 2022 data shows.
In mode terms, reputational was voted the top risk management concern by central bank officials. It was followed by cyber security in second place and credit/counterparty risks in third.
Other risks surveyed included market, operational, legal, governance, fraud, legal, communications and human resources, ranked from highest to least concerning, in that order
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