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The Fourth Industrial Revolution Risks Leaving Women Behind

Corinium

The term was coined in 2016 by Klaus Schwab, the founder and executive chairman of the World Economic Form. The Fourth Industrial Revolution is, ostensibly, upon us.

Risk 150
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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. What is a model?

Risk 111
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6 business risks of shortchanging AI ethics and governance

CIO Business Intelligence

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145
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A Few 2016 Technology Predictions

In(tegrate) the Clouds

I enjoy the end of the year technology predictions, even though it’s hard to argue with this tweet from Merv Adrian: By 2016, 99% of readers will be utterly sick of predictions. 2016 will be the year of the data lake. In 2016, which software company will be the biggest game-changer for the long term? Does Elon Musk count?

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The NIS2 Directive: why cyber-resilience is the new normal for European organisations

CIO Business Intelligence

While the original NIS1 Directive of 2016 was viewed as a major evolution in cybersecurity regulation, a lot has changed since then, particularly assumptions about the risk posed by an expanding range of cyberattacks. At that time, cybersecurity was seen primarily as a problem faced by individual organizations.

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Governance for responsible AI: The easy things and the hard ones

CIO Business Intelligence

The easy things: A clear understanding of AI terminology and risks There’s a host of things that can be established with relative ease early in an organization’s AI journey. This context is important not just to meet your audience where they are, but also to understand risks that are specific to the context of your AI application.

Risk 127
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SAP pays multi-million fine for bribery

CIO Business Intelligence

The proceedings are a stark reminder that global companies need to be mindful of both the risks of their business and the need for adequate controls at the corporate level across all of their subsidiaries. The SEC filed charges against SAP back in 2016, according to the supervisory authority.