IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. While data security focuses on protecting digital information from threat actors and unauthorized access, data protection does all that and more.

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. Quite often, staff and employees may not be aware that they are leaking information. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high.

Risk 120

Risk Management Measurement Optimization 120

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 71

Risk Modeling Management Metadata 71

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. The accuracy of a model is another essential metric that informs us about its health in a deployed setting.

Risk 59

Risk Modeling Metrics Measurement 59

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

IBM Big Data Hub

APRIL 19, 2024

Asset performance management (APM) processes, such as risk-based and predictive maintenance and asset investment planning (AIP), enable health monitoring technologies. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 87

Management Internet of Things Risk IoT 87

Smart Data Collective

JULY 16, 2023

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

MAY 14, 2024

The CIO50 Awards serve as a beacon of recognition for Chief Information Officers (CIOs) who have demonstrated exceptional leadership, innovation, and impact in leveraging technology to propel their organizations forward.

Digital Transformation 98

Digital Transformation Business Objectives Risk Management Technology 98

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. The digital injection attack A digital injection attack is when someone “injects” fake data, including AI-generated documents, photos, and biometrics images, into the stream of information received by an identity verification (IDV) platform.

Strategy 115

Strategy Risk Management Risk Measurement 115

Smart Data Collective

MAY 15, 2019

On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology. Big data has created a number of security risks for Bluetooth users. Bluetooth Security Risks in the Age of Big Data. The best way to reduce the risk is to turn Bluetooth off.

Big Data 92

Big Data Risk Measurement Data mining 92

Laminar Security

DECEMBER 22, 2023

DSPM is an essential component of cloud data management , as it provides organizations with the visibility and control needed to protect their data across different cloud environments. Without proper management, the costs associated with storing unnecessary data can become a substantial financial burden.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

IBM Big Data Hub

MARCH 20, 2024

For highly regulated industries, these challenges take on an entirely new level of expectation as they navigate evolving regulatory landscape and manage requirements for privacy, resiliency, cybersecurity, data sovereignty and more. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk Management 74

Risk Management Risk Enterprise Business Services 74

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Insufficient operational visibility.

IT 116

IT Risk Measurement Risk Management 116

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. Cybersecurity, often known as information security or IT security, keeps information on the internet and within computer systems and networks secure against unauthorized users. One of the most striking examples is in the field of cybersecurity.

Technology 91

Technology Risk Measurement IoT 91

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

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. Database cluster – For this solution, we use an Amazon Aurora MySQL-Compatible Edition 8.0 version cluster.

Data Warehouse 125

Data Warehouse Dashboards Risk Management Risk 125

CIO Business Intelligence

MARCH 21, 2024

Besides, our businesses shouldn’t have to worry that outdated network equipment is putting their operation at risk.” In 2018, the day after his employer publicly announced it was being acquired, Lynn Lovelady, then VP of IT at Energen, received a pivotal phone call that would reshape his career.

IT 111

IT Manufacturing Risk Management Risk 111

erwin

MARCH 25, 2021

Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. A third-party risk management review, where the ISV needs to describe how it is complying to required controls. Most of these new technologies are born-in-cloud.

Cost-Benefit 56

Cost-Benefit Risk Management Risk Digital Transformation 56

CIO Business Intelligence

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. Every new portal and mobile app expand the attack surface and give hackers new opportunities to exploit vulnerabilities. The stakes for financial organizations are growing as well.

Digital Transformation 105

Digital Transformation Risk Management Risk Consulting 105

O'Reilly on Data

MAY 18, 2020

These are unprecedented times, at least by information age standards. This article answers these questions, based on our combined experience as both a lawyer and a data scientist responding to cybersecurity incidents, crafting legal frameworks to manage the risks of AI, and building sophisticated interpretable models to mitigate risk.

Risk 357

Risk Modeling Data Processing Software 357

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. Later, in the 2000s, the ISACA developed version 3, which brought in the IT management and information governance techniques found in the framework today.

Risk Management 94

Risk Management Strategy Digital Transformation Enterprise 94

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 78

Risk Management Risk Management Measurement 78

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

Smart Data Collective

SEPTEMBER 7, 2021

If the record has served its purpose in your office, keeping it around might be an unnecessary security risk. One specific measure you can take today is to ensure that every document you send out is completely covered when you put it inside an envelope and that your envelopes are opaque when held up to the light.

Strategy 123

Strategy Risk Measurement IT 123

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. Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 89

Internet of Things Cost-Benefit Risk Software 89

Ontotext

JULY 6, 2023

This shift of both a technical and an outcome mindset allows them to establish a centralized metadata hub for their data assets and effortlessly access information from diverse systems that previously had limited interaction. Let’s consider an example about risk and opportunity event detection.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

Cloudera

APRIL 19, 2023

With the vast amount of data collected from customers, transactions, and market movements, among other sources, this abundance offers tremendous potential for financial institutions to extract valuable insights that can inform business decisions, improve customer service, and create new revenue streams.

Data-driven 73

Data-driven Data Architecture Measurement Risk 73

CIO Business Intelligence

OCTOBER 4, 2023

This also allows us to have the best in terms of global technology, fraud mitigation and prevention, and cybersecurity measures in all markets, all while complying with local regulations and compliance requirements.” User data is also housed in this layer, including profile, behavior, transactions, and risk.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. Otherwise, the risks become too significant.

Enterprise 98

Enterprise ROI Risk Strategy 98

IBM Big Data Hub

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Strategy 66

Strategy Cost-Benefit Key Performance Indicator Consulting 66

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 111

IT Cost-Benefit Risk Consulting 111

IBM Big Data Hub

JUNE 29, 2023

IBP brings together various functions, including sales, marketing, finance, supply chain, human resources, IT and beyond to collaborate across business units and make informed decisions that drive overall business success. Key performance indicators (KPIs) are established to measure progress and enable proactive management.

Key Performance Indicator 76

Key Performance Indicator Forecasting Data Integration Sales 76

Smart Data Collective

MAY 17, 2023

While Office 365 offers built-in security features, it is essential to understand that these measures alone may not be sufficient to safeguard your business data. Microsoft provides a secure foundation, but it’s up to individual organizations to implement additional security measures to ensure comprehensive protection.

Risk 87

Risk Measurement Software Management 87

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

Smart Data Collective

JULY 4, 2021

Data analytics is another science that uses AI and is utilized by analysts to gather information so that they can discern and act on worthy investments. Partnered with natural language processing (NLP), AI software can pull relevant information from sets of unstructured data. Risk Management. For Non-Tech Users.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

IBM Big Data Hub

MAY 17, 2024

They can provide valuable insights and forecasts to inform organizational decision-making in omnichannel commerce, enabling businesses to make more informed and data-driven decisions. Meanwhile, 43% are using the technology to inform strategic decisions. AI models analyze vast amounts of data quickly and accurately.

B2B 65

B2B Interactive Optimization Forecasting 65