IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 85

Risk Management Risk Management Measurement 85

Cloudera

FEBRUARY 24, 2021

Trend #1: The Crossroads of Risk Management and Emerging Technology. One shift the financial services industry will have to come to terms with is the fact that 2020 may have made risk management models of the past outdated or obsolete , particularly credit risk models.

Risk Management 59

Risk Management Risk Recreation/Entertainment Machine Learning 59

bridgei2i

MAY 17, 2021

In addition, it can counter the various pitfalls in profiling customers and credit scoring and reducing the supply chain’s potential risks. billion in 2020 and is expected to reach USD 26.67 AI And Risk Management. AI is becoming a real game-changer in the field of finance. billion by 2026.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

erwin

SEPTEMBER 17, 2020

According to erwin’s “2020 State of Data Governance and Automation” report , close to 70 percent of data professional respondents say they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. Benjamin Franklin said, “Lost time is never found again.”

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Advertising 94

CDW Research Hub

DECEMBER 16, 2020

We have all been witnessing the global impact of the health and economic events of 2020. In early December of 2020, the cybersecurity firm FireEye discovered it had been a victim of an attack. Indications are that attacks from this campaign originated in the spring of 2020 with other targets. Initial discovery by FireEye.

Reporting 76

Reporting Risk Software Behavioral Analytics 76

erwin

SEPTEMBER 3, 2020

In erwin’s 2020 State of Data Governance and Automation report, close to 70 percent of respondents said they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. It integrates with erwin’s data governance software, the.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

erwin

NOVEMBER 13, 2020

Data Security & Risk Management. Innovation Management. See also: Forrester’s Enterprise Architecture Management Suite Report. It’s also noticeable that enterprise architects who add EA certifications to their resumes report higher earnings. Digital Transformation. Compliance/Legislation.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

BizAcuity

APRIL 1, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

Smart Data Collective

SEPTEMBER 22, 2021

Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021. But you can come around this.

Statistics 107

Statistics Risk Measurement Software 107

BizAcuity

JANUARY 18, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. REFERENCES. [1]

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

erwin

AUGUST 20, 2020

An enterprise architecture management suite enables organizations to inventory their applications to identify redundancies and process gaps and formulate a cohesive plan for rationalization and/or modernization. Data Security & Risk Management. Regulatory Compliance. The post What Is Enterprise Architecture (EA)?

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Ontotext

APRIL 21, 2021

In the autumn 2020, one of the ‘Too Big To Fail’ global brands in finance learned a new way to lose a billion dollars in finance. The problem was the left hand had no way of knowing the systemic issues around data governance, risk management and compliance framework. The lost cash and fines were only part of the problem.

Metadata 59

Metadata Finance Cost-Benefit Data Quality 59

Ontotext

APRIL 6, 2023

Providing insights into the performance of different systems and processes, knowledge graphs can significantly improve asset management, equipment maintenance, factory floor management & optimization, industrial safety and a lot more. And that’s not all. Some of the top U.S.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Alation

JUNE 14, 2021

Do we know the business outcomes tied to data risk management? Intelligent systems powered by machine learning are necessary for overcoming the challenges of data management. There are many locations where sensitive data can reside — from data lakes, databases, and reports, to APIs and queries. What am I required to do?

Data Governance 97

Data Governance Recreation/Entertainment Data Lake Digital Transformation 97

CDW Research Hub

FEBRUARY 14, 2020

Related: Steering Clear of Security Breaches: Maintaining Cloud Integrity in 2020. As a prerequisite, your organization must already have governance and risk management teams, which will define the company policies and set compliance standards from which you can establish procedures.

Risk 52

Risk Reporting Measurement Insurance 52

bridgei2i

APRIL 23, 2020

Still, with the COVID-19 pandemic infecting 2,475,723 and 169,151 dead in its wake till Apr 23, 2020, most businesses are slowing down and experiencing tremendous losses due to restrictions imposed on the movement of goods and people, lockdowns and regulatory compliance. They have to assess risk and build strategies dynamically.

Risk 52

Risk Management Scorecard Forecasting 52

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. IRM technology product leaders will need to develop IRM capabilities that are capable of addressing the IRM market insights outlined in this blog post. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. 2] Cost of a Data Breach Report 2023 , IBM Security®, July 2023. [3]

Risk 91

Risk Strategy Risk Management Digital Transformation 91

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 94

Risk Marketing Risk Management Data-driven 94

erwin

FEBRUARY 4, 2021

While acknowledging that data governance is about more than risk management and regulatory compliance may indicate that companies are more confident in their data, the data governance practice is nonetheless growing in complexity because of more: Data to handle, much of it unstructured. Data Governance Bottlenecks.

Data Governance 89

Data Governance Metadata Data Quality Risk Management 89

IBM Big Data Hub

APRIL 4, 2024

Benefits: Automated claim processing Reduced processing times Enhanced visibility Compliance and risk management By automating routine tasks and implementing predefined rules, BPM enables timely compliance with regulatory requirements and internal policies.

Management 59

Management Cost-Benefit Metrics Consulting 59

DataRobot

DECEMBER 6, 2021

The report identifies key accountability practices around the principles of governance, data, performance, and monitoring to help federal agencies and others use AI responsibly. In January 2020, the World Economic Forum published the Implementation and Self-Assessment Guide for Organizations. Where Should You Start? Start at the top.

Data-driven 52

Data-driven Risk Publishing Risk Management 52

datapine

FEBRUARY 22, 2022

Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Find out what is working, as you don’t want to totally scrap an already essential report or process. However, it is possible to identify some potential drawbacks and apply risk management practices in advance.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218