Essilor International, the French maker of Ray-Ban sunglasses, has sued JPMorgan Chase for failing to stop $272 million in fraudulent transfers from its New York bank account.

NYT - New York Times

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Published on Apr. 26th, 2022 Published on Apr. 26th, 2022

Scenario: Error / Wire Transfer External Fraud

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Apr. 11th, 2022

MSTAR/ABA online training: Financial Risk: Structured Scenario Analysis Series.

This webinar series introduces participants to exposure-based methods in operational risk, and explores a robust and structured method of developing scenarios and assessing the associated loss estimates. The new concepts will be applied to cyber risk scenarios. The structured scenario analysis (SSA) method has been in use for more than 10 years at large institutions and has received an “Industry Initiative” award from risk.net for its application to forward-looking risk measurement. June 7, 2022 | 1 - 2 PM ET