Select all that are true regarding business operations risk for a bank.
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In recent years the need for physical security of the bank's premises has become more important than the bank's cybersecurity of their online operations. |
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The cost of the bank meeting regulatory compliance requirements is minimal for most institutions and has no net effect on this risk. |
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Uncertainty in new or updated banking regulations is a part of this risk. |
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The increased regulation of banks reduces the risk in this category. |
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This risk can be measured by variance to budgeted financial results, which is heavily influenced by interest rates and management strategy. |
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This risk is impacted by the risk management strategies and procedures undertaken by the bank. |
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