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The four levels of severity in the ORM (Operational Risk Management) process are typically categorized as:

  1. Low: Minor issues that can be managed with routine procedures and pose minimal risk.
  2. Moderate: Issues that may require management attention but do not significantly impact operations or reputation.
  3. High: Serious problems that could lead to significant financial loss or operational disruptions, necessitating immediate action.
  4. Critical: Severe risks that could result in catastrophic outcomes, requiring urgent and comprehensive response measures.
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3w ago

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