Remove 2022 Remove Risk Remove Risk Management Remove Strategy
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3 keys to building a robust hybrid cloud risk strategy

IBM Big Data Hub

71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1] But what does such a strategy entail? There are three keys to developing a successful hybrid cloud risk management strategy : security, compliance and resiliency.

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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.

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In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO Business Intelligence

The risk of material business incidents is increasing. Beneath the bluster of all things AI, leaders are centering on the conundrum of accelerating innovation while designing risk management frameworks for threats we cannot entirely predict but must anticipate. No longer can teams get away with simply responding faster.

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Sustainable Petrochemical Company Expands Risk-Based Inspection Philosophy

CIO Business Intelligence

The company received the Asia Responsible Enterprise Awards 2022 for circular economy leadership , which recognized IVL’s successful PET Bottles Recycling to Personal Protection Equipment (PPE) Distribution project. About four years ago, IVL expanded the use of risk acceptance at its PNO facility in Texas to establish next-inspection plans.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. It is the tangents of this data that are vital to a successful change management process. Organize ERM strategy, operations, and data.

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OCBC Bank Accelerates Its Data Strategy with Cloudera 

Cloudera

OCBC Bank optimizes customer experience & risk management with multi-phased data initiative. The company recently migrated to Cloudera Data Platform (CDP ) and CDP Machine Learning to power a number of solutions that have increased operational efficiency, enabled new revenue streams and improved risk management.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities. What is DORA?