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What is COBIT? A framework for alignment and governance

CIO Business Intelligence

In 2012, COBIT 5 was released and in 2013, the ISACA released an add-on to COBIT 5, which included more information for businesses regarding risk management and information governance. The ISACA announced an updated version of COBIT in 2018, ditching the version number and naming it COBIT 2019.

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Interview with: Sankar Narayanan, Chief Practice Officer at Fractal Analytics

Corinium

Regulations and compliance requirements, especially around pricing, risk selection, etc., A properly set framework will ensure quality, timeliness, scalability, consistency, and industrialization in measuring and driving the return on investment. What do you recommend to organizations to harness this but also show a solid ROI?

Insurance 250
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Combating Fraud in Insurance with Data

Cloudera

million in 2019 to $7.9 from 2019 to 2024. Fraud is one of the use cases where technology has made a huge, measurable difference: focusing on fraud detection and prevention, Emerj reports insurers have seen ROIs of up to 400% on their investments in fraud technology. . million by 2024, a CAGR of 25.8%

Insurance 102
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Machine Learning Transforms Life Insurance Beyond the Actuarial Process

Smart Data Collective

According to a study by Capgemini (2019), 34% of respondents from insurance companies confirm the use of machine learning (AI) in operations. If a customer has already filed multiple complaints with the insurer, it could mean they are at risk of churn. Huge databases and standardized processes are widely used in the insurance sector.

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What is ITIL? Your guide to the IT Infrastructure Library

CIO Business Intelligence

ITIL’s systematic approach to IT service management (ITSM) can help businesses manage risk, strengthen customer relations, establish cost-effective practices, and build a stable IT environment that allows for growth, scale, and change. In 2011, another update — dubbed ITIL 2011 — was published under the Cabinet Office.

IT 105
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Data Privacy and Internet Safety Tips for College Students

Smart Data Collective

College students are often believed to be least at risk, because they are more tech-savvy and presumably know how to stop data breaches. Since they use the Internet a lot more than their older peers, they might actually be at an even higher risk. It highlights the need for data encryption and other data security measures.

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What you need to know about product management for AI

O'Reilly on Data

Because it’s so different from traditional software development, where the risks are more or less well-known and predictable, AI rewards people and companies that are willing to take intelligent risks, and that have (or can develop) an experimental culture. And you, as the product manager, are caught between them.