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What is Model Risk and Why Does it Matter?

DataRobot Blog

With the big data revolution of recent years, predictive models are being rapidly integrated into more and more business processes. This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses.

Risk 111
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What Are the Most Important Steps to Protect Your Organization’s Data?

Smart Data Collective

In the modern world of business, data is one of the most important resources for any organization trying to thrive. Business data is highly valuable for cybercriminals. They even go after meta data. Big data can reveal trade secrets, financial information, as well as passwords or access keys to crucial enterprise resources.

Testing 124
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Announcing the AWS Well-Architected Data Analytics Lens

AWS Big Data

We are delighted to announce the release of the Data Analytics Lens. The updated Data Analytics Lens outlines the most up-to-date steps for performing an AWS Well-Architected review that empowers you to assess and identify technical risks of your data analytics platforms. What’s new in the Data Analytics Lens?

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How Data Ethics Supports Governance & Monetisation

Alation

Data ethics is both an imperative and an opportunity. New regulations covering data privacy and other ethical concerns require that enterprises govern internal data processes according to these new laws. I asked attendees: How often do you think about data ethics? What does data ethics mean to you?

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96 Percent of Businesses Can’t Be Wrong: How Hybrid Cloud Came to Dominate the Data Sector

Cloudera

According to 451 Research , 96% of enterprises are actively pursuing a hybrid IT strategy. Modern, real-time businesses require accelerated cycles of innovation that are expensive and difficult to maintain with legacy data platforms. But how did the hybrid cloud come to dominate the data sector? . In 2008, Cloudera was born.

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Prevent Ransomware with New Capabilities from Anomali

CIO Business Intelligence

Today, organizations employ defense-in-depth strategies to stop attacks. This enables you to proactively detect and respond, and ultimately reduce the risk of falling victim to ransomware attacks. This is an infinite journey against the bad guys, and we must all work together with all hands-on deck.

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The New Normal for FP&A: Scenario Planning

Jedox

It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. The 2008 economic crisis was a watershed event for FP&A teams and scenario planning.