Definition ∞ Operational risk profile defines an assessment of potential losses stemming from inadequate or failed internal processes, human error, system failures, or external events. This evaluation quantifies the likelihood and impact of various non-financial risks within an organization. It provides a comprehensive view of vulnerabilities. Managing this profile is crucial for business continuity.
Context ∞ For digital asset businesses, maintaining a robust operational risk profile is paramount due to the nascent nature of the technology and the rapid pace of innovation. A key discussion involves implementing strong internal controls and cybersecurity measures to mitigate threats. Future developments will focus on integrating advanced risk management frameworks and artificial intelligence for proactive identification of vulnerabilities.
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