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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?

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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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Cropin’s agriculture industry cloud to provide apps, data frameworks

CIO Business Intelligence

Cropin Apps, as the name suggests, comprises applications that support global farming operations management, food safety measures, supply chain and “farm to fork” visibility, predictability and risk management, farmer enablement and engagement, advance seed R&D, production management, and multigenerational seed traceability.

B2B 99
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insightsoftware Acquires Vizlib, Extending Write-Back to Qlik Users

Jet Global

Founded in London in 2016, Vizlib creates value-add solutions for Qlik Sense that help customers around the world elevate their approach to data visualization and analytics. About Vizlib Established in 2016, Vizlib strives to provide a best-in-class data visualization and data analytics experience for business users.

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What a quarter century of digital transformation at PayPal looks like

CIO Business Intelligence

From 2016 to 2022, the company went from processing a payments volume of $354 billion to $1.36 User data is also housed in this layer, including profile, behavior, transactions, and risk. This allows us greater productivity and creativity on the part of developers,” he says. trillion last year.

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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. It is still a vulnerable place.

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Simulation for better decision making

Cloudera

My narrower vision of the next advancement in analytics is driven (or biased) by my quantitative risk management background and the critical role that computational simulation capabilities have played in many advances in the world of finance. Derman (2016), Cesa (2017) & Bouchard (2018)). Blog Post, Nov-2016.