CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 96

Risk Risk Management ROI Technology 96

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. Its heightened security measures for AI-based systems help keep data and software secure, reducing the risk of cyber threats, data breaches and regulatory violations.

Risk Management 109

Risk Management Cost-Benefit Risk Measurement 109

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 80

Risk Modeling Risk Management Measurement 80

IBM Big Data Hub

FEBRUARY 22, 2024

As we see enterprises increasingly face geographic requirements around sovereignty, IBM Cloud® is committed to helping clients navigate beyond the complexity so they can drive true transformation with innovative hybrid cloud technologies. We believe this is particularly important with the rise of generative AI.

Enterprise 76

Enterprise Risk Data Processing Business Driver 76

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 74

Risk Modeling Management Metadata 74

O'Reilly on Data

NOVEMBER 13, 2018

We recently conducted a survey which garnered more than 11,000 respondents—our main goal was to ascertain how enterprises were using machine learning. Classification parity means that one or more of the standard performance measures (e.g., Continue reading Managing risk in machine learning.

Machine Learning 217

Machine Learning Risk Management Statistics 217

CIO Business Intelligence

MAY 28, 2024

OpenAI’s creation of a new safety committee at board level follows a string of departures and bad publicity around the company’s attitude to safety, including the dispersal of a “superalignment” team focused on long-term risks led by ex-chief-scientist Ilya Sutskever, who left the company two weeks ago. He’s not alone in that believe.

Risk 99

Risk Risk Management Modeling Consulting 99

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. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

APRIL 19, 2024

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 89

Management Internet of Things Risk IoT 89

IBM Big Data Hub

MARCH 20, 2024

Each year we see the challenges that enterprises face become more complex as they strive to keep up with the latest technologies, such as generative AI, and increasing customer expectations. But how can an enterprise ensure these priorities remain front and center, especially when working with third and fourth parties?

Risk Management 77

Risk Management Risk Enterprise Business Services 77

Jet Global

JANUARY 19, 2024

Without automated document management, you may find yourself falling victim to: Increased Risk of Errors : Manual handling of documents and data increases the risk of errors. Increased Security Risks : Document management features often include security measures to protect sensitive information.

Risk 52

Risk Management Reporting Software 52

CIO Business Intelligence

JUNE 23, 2023

It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%).

IT 97

IT Risk Management Risk Optimization 97

Smart Data Collective

APRIL 30, 2021

Businesses cannot risk putting data security aside. With hackers and identity thieves using more advanced methods, it’s crucial for any enterprise to adopt new tools in keeping sensitive data from falling into the wrong hands and preventing cases of fraud. Install an enterprise VPN. million to a data breach.

Enterprise 95

Enterprise Risk Measurement Software 95

Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. These steps can help reduce the risks of data breaches.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

CIO Business Intelligence

JUNE 21, 2022

Everybody makes mistakes, but when a CIO messes up, the consequences can be devastating to the instigator, as well as the entire IT department and enterprise. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved. Insufficient operational visibility.

IT 113

IT Risk Measurement Risk Management 113

CIO Business Intelligence

MAY 14, 2024

Reflective of Foundry’s (formerly IDG Communications) increasing commitment to the region, CIO50 is aligned to a global awards program and viewed as a mark of excellence within the enterprise.

Digital Transformation 96

Digital Transformation Business Objectives Risk Management Technology 96

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. In fact, Gartner estimates that by 2026, nearly one-third of enterprises will consider identity verification and authentication solutions unreliable due to AI-generated deepfakes.

Strategy 109

Strategy Risk Management Risk Measurement 109

CIO Business Intelligence

SEPTEMBER 6, 2023

“Such discussions ensure the integration of cybersecurity initiatives and resource requirements in the enterprise’s business goals and objectives,” he adds. The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.”

IT 142

IT ROI Risk Strategy 142

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. Guess what?

Enterprise 85

Enterprise Reporting Management ROI 85

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Apart from generating regulatory reports, these teams require visibility into the health of the reporting systems.

Data Warehouse 125

Data Warehouse Dashboards Risk Management Risk 125

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance.

IT 110

IT Manufacturing Risk Management Risk 110

CIO Business Intelligence

APRIL 12, 2022

Even though Nvidia’s $40 billion bid to shake up enterprise computing by acquiring chip designer ARM has fallen apart, the merger and acquisition (M&A) boom of 2021 looks set to continue in 2022, perhaps matching the peaks of 2015, according to a report from risk management advisor Willis Towers Watson.

Technology 143

Technology Enterprise Consulting Software 143

CDW Research Hub

JUNE 10, 2021

Sirius Security helps them reduce risk, streamline and improve operations, and take a forward-leaning approach with proactive prevention, detection and response that keeps pace with threats. Advancing your security posture requires effectively managing these common challenges: Shifting compliance and threat landscape. & Bake-Offs.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. In this case, regulation could be the mother of enterprise data governance.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

Technology 92

Technology Risk Measurement IoT 92

bridgei2i

APRIL 23, 2020

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red.

Risk 52

Risk Management Scorecard Forecasting 52

Cloudera

JUNE 23, 2021

Yet there are also more subtle risks to monitor, including changes to insured assets, risks, and exposures. Climate change can also impact the insurance carrier as an enterprise itself—similarly to cyber risks, insurers underwrite cyber risks for their customers, as well as manage their own risks and exposure as a company.

Insurance 52

Insurance Risk Modeling Risk Management 52

Jet Global

APRIL 25, 2024

Organizations that maintain SOX compliance support confidence in financial markets by operating within a framework that mitigates the risk of corporate fraud and strengthens the integrity of financial reporting. The majority of your SOX compliance audit will be spent reviewing internal controls for the purposes of risk management assessment.

Reporting 52

Reporting Risk Management Risk Software 52

Cloudera

MAY 24, 2022

I recently attended the CeFPro environmental, social, and corporate governance (ESG) conference in London along with a variety of risk experts and ESG leaders from large global institutions. I discussed the complex modeling considerations of physical, transition, and alignment risks in a prior post about climate risk models. .

Risk 87

Risk Measurement Modeling Risk Management 87

Ontotext

JULY 6, 2023

In today’s fast changing environment, enterprises that have transitioned from being focused on applications to becoming data-driven gain a significant competitive edge. Changing the game with knowledge graphs So how does knowledge graph technology help enterprises in the Financial Services Industry become data-driven?

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

CIO Business Intelligence

JUNE 12, 2023

COBIT is an IT management framework developed by the ISACA to help businesses develop, organize, and implement strategies around information management and IT governance. COBIT 2019 components COBIT 2019 updates the framework for modern enterprises by addressing new trends, technologies, and security needs.

Risk Management 75

Risk Management Strategy Digital Transformation Enterprise 75

John Wheeler

OCTOBER 20, 2020

We continue our “20 for 20” theme this year by highlighting the integrated risk management (IRM) critical capabilities and top 20 software functions / features. These five capabilities support both integrated view of strategic, operational and technology risk as well as the related business outcomes, processes and assets.

Risk Management 52

Risk Management Risk Predictive Modeling Insurance 52

Alation

AUGUST 17, 2022

The Risks of Early Data Governance Programs. The biggest risk was a lack of ownership. Too often, organizations don’t educate their users about data governance, security, and business risk,” claims analyst Jack Gold. If your definitions are bad, so is your governance/risk/security. Enterprise risk management.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Risk 55

Risk Machine Learning Risk Management Measurement 55

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Recent statistics indicate that 43% of cyberattacks target small businesses, and 60% of the attacked enterprises go out of business in six months. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90