Chart 1. The title is Available Data Suggest Riskier Operational Environment (Frequency and Severity of Operational Losses)

A combined line and bar chart. The number of firms reporting losses rose from about 3 in the pre-1999 period to 6 in 1999. The number rose steadily, to about 12 in 2001, 17 in 2002, and 22 in 2003. It dropped to about 20 in 2004. The total number of losses rose from about 1,000 in the pre-1999 period to about 2,500 in 1999. The number rose to 5,000 in 2000, about 7,500 in 2001, about 14,000 in 2002, and about 17,000 in 2003. It dropped to 10,000 in 2004. The total loss amount dropped from about $1,000 million in 1999 to about $500 million in 2000. It rose to about $2,500 million in 2001 and $5,000 million in 2002. It dropped to about $2,500 million in 2003, and then rose sharply to $15,000 million in 2004.