Remove 2016 Remove Risk Remove Statistics Remove Testing
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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. What is a model?

Risk 111
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Cyber Fraud Statistics & Preventions to Prevent Data Breaches in 2021

Smart Data Collective

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021.

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Belcorp reimagines R&D with AI

CIO Business Intelligence

As Belcorp considered the difficulties it faced, the R&D division noted it could significantly expedite time-to-market and increase productivity in its product development process if it could shorten the timeframes of the experimental and testing phases in the R&D labs.

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

Smart Data Collective

After a marginal increase in 2015, another steep rise happened in 2016 through 2017 before the volume decreased in 2018 and rose in 2019, and dropped again in 2020. They can use AI and data-driven cybersecurity technology to address these risks. One of the best solutions for data protection is advanced automated penetration testing.

Testing 122
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Towards optimal experimentation in online systems

The Unofficial Google Data Science Blog

If $Y$ at that point is (statistically and practically) significantly better than our current operating point, and that point is deemed acceptable, we update the system parameters to this better value. And we can keep repeating this approach, relying on intuition and luck.

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AI takes aim at employee turnover

CIO Business Intelligence

KPMG, for example, built its first interactive chatbot in 2016. KPMG calculates a score for an employee’s risk of attrition, tries to identify a reason for that, and then suggests a remediation. More recently, they’ve been exploring the use of interactive chatbots to check the pulse of employee sentiment at work.

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Themes and Conferences per Pacoid, Episode 12

Domino Data Lab

Having participated in several Foo Camps—and even co-chaired the Ed Foo series in 2016-17— most definitely, a Foo will turn your head around. The probabilistic nature changes the risks and process required. They tend to use less machine learning, but more advanced statistical practices, since the outcomes (government policies, etc.)