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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111
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Generative AI to be a key priority for senior IT leaders: Salesforce report

CIO Business Intelligence

Launched in 2016, Salesforce Einstein is an integrated set of AI technologies that brings artificial intelligence into all Salesforce products, which the company says ultimately provides customers with more personalized and predictive experiences. However, she also warned that the technology is not without new risks and challenges.

Reporting 105
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How to prioritize data strategy investments as a CDO

IBM Big Data Hub

My first task as a Chief Data Officer (CDO) is to implement a data strategy. Over the past 15 years, I’ve learned that an effective data strategy enables the enterprise’s business strategy and is critical to elevate the role of a CDO from the backroom to the boardroom. Mitigating risk. Understand your strategic drivers.

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Captive centers are back. Is DIY offshoring right for you?

CIO Business Intelligence

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. Captive centers are on the rise. First, they don’t all last.

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Oracle makes its pitch for the enterprise cloud. Should CIOs listen?

CIO Business Intelligence

“Oracle Cloud Infrastructure is now capable of hosting a full range of traditional and modern IT workloads, and for many enterprise customers, Oracle is a proven vendor,” says David Wright, vice president of research for cloud infrastructure strategies at research firm Gartner. The inherent risk is trust.

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Zero Trust Security for NIS2 compliance: What you need to know

CIO Business Intelligence

Given rising IoT adoption, erosion of the corporate perimeter due to work-from-everywhere, and increasingly sophisticated threats that exploit “trusted” users and devices for malicious purposes, these security approaches can expose the organization to greater risk. European Union. European Union.

IoT 97
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Corporate defenses must step up to meet a changing geopolitical landscape

CIO Business Intelligence

Russia certainly has demonstrated its cyber power and capabilities in the past; a key example was the 2016 incident in which Russian hackers took out Ukraine’s power grid. . Another cyberattack, as reported by The Washington Post , hinted that Russian military spy hackers attacked a key satellite broadband service. According to U.S.

Risk 119