It is a risk to our network daily and we are working very hard to mitigate those risks.
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And the legal safeguards intended to mitigate those risks can be expected to prove far less effective than hoped.
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"You can't remove all risks, but you can understand where risks lie and make sure banks have in place proper plans to mitigate those risks and deal with the possibility of a failure, " he said.
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They hire experts in each field to develop programs to assess and mitigate those risks.
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