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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. When business decisions are made based on bad models, the consequences can be severe. As machine learning advances globally, we can only expect the focus on model risk to continue to increase.

Risk 111
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5 strategies for boosting endpoint management

CIO Business Intelligence

Endpoint security requires a comprehensive and flexible strategy that goes way beyond what security teams relied on a decade or more ago. That’s because in the past year, attackers have adopted new models for extorting money from victims. Then IT assets were nearly all on-premises and protected by a firewall. Those days are over.

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Governance for responsible AI: The easy things and the hard ones

CIO Business Intelligence

What is this model good at and what should be the boundaries on how and where it’s applied? In addition to the existing potential for AI to cause harm, generative AI introduces new vectors for harm that require special attention, such as prompt engineering attacks , model poisoning , and more.

Risk 121
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Build and manage your modern data stack using dbt and AWS Glue through dbt-glue, the new “trusted” dbt adapter

AWS Big Data

The team uses dbt-glue to build a transformed gold model optimized for business intelligence (BI). The gold model joins the technical logs with billing data and organizes the metrics per business unit. The gold model uses Iceberg’s ability to support data warehouse-style modeling needed for performant BI analytics in a data lake.

Data Lake 105
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EU Data Strategy: Helping Themselves

Andrew White

I read the EU Data Strategy some weeks ago. Of course, it could well be that the EU is really looking at the growth of multi-sided platform business models that just happen to be more effectively developed in the US. We must revert to something else: hence a Data Strategy…. The document was made available for public comment.

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Cushman & Wakefield builds a foundation for enterprise-wide AI

CIO Business Intelligence

First there was the company’s full embrace of cloud computing, and then a pivot from project management to a product operating model. Our strategy is very solid,” she says. About a year and a half ago, we moved to a full product operating model. That early cloud push is providing a strong foundation for the firm’s current foray.

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Captive centers are back. Is DIY offshoring right for you?

CIO Business Intelligence

You’d be forgiven if you’re wondering whether you’ve stumbled on an article from 2016 , but, in fact, the practice of launching an offshore IT center wholly owned and operated by the enterprise it serves is back in vogue with notable twists. Are our leaders committed to the strategy? “No No model is failproof,” says Agarwal.