IBM Big Data Hub

OCTOBER 30, 2023

Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. Under the rule surrounding Form 8-K reporting, public companies are now required to report data breaches within four days of an incident. increase from 2020. million, representing a 15.3%

Risk Management 80

Risk Management Risk Reporting Management 80

Sisense

MAY 13, 2021

According to a NewVantage 2020 survey on data and analytics, less than 27% of organizations have successfully adopted analytics, while 73% want to use data to understand their business better and 72% want to use analytics to improve their products and services. Understanding the difference: Reports vs. analytic application.

Reporting 59

Reporting Analytics Dashboards Key Performance Indicator 59

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin.

Enterprise 85

Enterprise Reporting Management ROI 85

IBM Big Data Hub

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The CDP encouraged institutional investors to ask companies to report on their climate impact.

Measurement 85

Measurement Metrics Reporting Strategy 85

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. It seemed like data breaches were starting to decline, but Aimee O’Driscoll of Comparitech reports that trend has not persisted. Vendor security plays a pivotal role in third-party risk management.

Risk Management 78

Risk Management Key Performance Indicator Measurement Risk 78

John Wheeler

JANUARY 31, 2021

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. Emerging Technologies: Digital Risk Management Is the Next Big IRM Opportunity. Cool Vendors in Integrated Risk Management.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

Cloudera

AUGUST 12, 2021

A data-driven approach to talent management and development brings about greater transparency, reduced attrition and more effective training and enablement. A 2020 retention report by the Work Institute revealed that over 42 million employees in the US left their jobs voluntarily in 2019, and this trend appeared to be increasing.

Data-driven 107

Data-driven Manufacturing Insurance Risk Management 107

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. trillion mark by 2025, noted the “ 2020 Cybersecurity Ventures ” report. HPE GreenLake: Security by Design.

Risk Management 113

Risk Management Internet of Things Risk IoT 113

CIO Business Intelligence

MAY 9, 2022

Nearly two decades since the term ESG was coined in a groundbreaking report called, Who Cares Wins , mindful and planet-affirmative investing has become both smart and mainstream. Capital flow into ESG funds more than doubled during 2020. mutual funds in 2020. By Srikumar Ramanathan, Chief Solutions Officer at Mphasis.

Insurance 86

Insurance Risk Risk Management Enterprise 86

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. trillion mark by 2025, noted the “ 2020 Cybersecurity Ventures ” report.

Modeling 78

Modeling Risk Management Internet of Things Risk 78

John Wheeler

NOVEMBER 29, 2018

One of the most common questions I receive from software vendors has to be “what’s the difference between governance, risk and compliance (GRC) and integrated risk management (IRM) solutions?” Gartner has been publishing research about integrated risk management (IRM) for the past two years. billion by 2020*.

Software 40

Software Risk Management Risk Marketing 40

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 84

Risk Management Risk Management Measurement 84

bridgei2i

MAY 17, 2021

In addition, it can counter the various pitfalls in profiling customers and credit scoring and reducing the supply chain’s potential risks. billion in 2020 and is expected to reach USD 26.67 AI And Risk Management. AI is becoming a real game-changer in the field of finance. billion by 2026.

Finance 52

Finance Risk Management Unstructured Data Cost-Benefit 52

O'Reilly on Data

MAY 18, 2020

Garbage in, garbage out still holds in 2020. To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. One international group of researchers, for example, just released a series of guidelines that include ways to report AI incidents to improve collective defenses.

Risk 359

Risk Modeling Data Processing Software 359

erwin

SEPTEMBER 17, 2020

According to erwin’s “2020 State of Data Governance and Automation” report , close to 70 percent of data professional respondents say they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. Benjamin Franklin said, “Lost time is never found again.”

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

Cloudera

FEBRUARY 24, 2021

Trend #1: The Crossroads of Risk Management and Emerging Technology. One shift the financial services industry will have to come to terms with is the fact that 2020 may have made risk management models of the past outdated or obsolete , particularly credit risk models.

Risk Management 58

Risk Management Risk Recreation/Entertainment Machine Learning 58

CIO Business Intelligence

JULY 13, 2023

In fact, a Sustainable IT report by Capgemini states that 89% of companies surveyed recycle less than 10% of their IT hardware, and less than half of executives say they are aware of their organizations’ IT footprint. To fulfill this, companies can be transparent about their strategies and risk management. Governance.

IT 91

IT Internet of Things Strategy IoT 91

CIO Business Intelligence

MARCH 22, 2022

At Fractal, Tiwari will be responsible for the company’s digital transformation and overseeing IT operations, cybersecurity, and risk management. . Prior to joining Fractal, Tiwari was senior vice-president and global CISO at Airtel, where he set up the managed security services initiative Airtel Secure for Business.

Internet Publishing and Broadcasting 98

Internet Publishing and Broadcasting Digital Transformation Insurance Recreation/Entertainment 98

CDW Research Hub

DECEMBER 16, 2020

We have all been witnessing the global impact of the health and economic events of 2020. In early December of 2020, the cybersecurity firm FireEye discovered it had been a victim of an attack. Indications are that attacks from this campaign originated in the spring of 2020 with other targets. Initial discovery by FireEye.

Reporting 76

Reporting Risk Software Behavioral Analytics 76

erwin

SEPTEMBER 3, 2020

In erwin’s 2020 State of Data Governance and Automation report, close to 70 percent of respondents said they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. It integrates with erwin’s data governance software, the.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

Smart Data Collective

DECEMBER 9, 2021

This has had some tangible beneficial effects — the unemployment rate for accountants was 3% lower than the national average in 2020, no doubt due in some part to 85% of accounting firms being more likely to let employees work remotely, even after the pandemic. AI and Machine Learning.

Technology 123

Technology Big Data Machine Learning Deep Learning 123

erwin

NOVEMBER 13, 2020

Data Security & Risk Management. Innovation Management. See also: Forrester’s Enterprise Architecture Management Suite Report. It’s also noticeable that enterprise architects who add EA certifications to their resumes report higher earnings. Digital Transformation. Compliance/Legislation.

Enterprise 131

Enterprise Digital Transformation Key Performance Indicator Data-driven 131

CIO Business Intelligence

APRIL 28, 2022

Its success is one of many instances illustrating how the financial services industry is quickly recognizing the benefits of data analytics and what it can offer, especially in terms of risk management automation, customized experiences, and personalization. . compounded annual growth from 2019 to 2024. .

Analytics 91

Analytics Insurance Big Data Uncertainty 91

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 94

Cost-Benefit Risk Enterprise Advertising 94

BizAcuity

APRIL 1, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime.

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

CIO Business Intelligence

APRIL 19, 2023

But at the top end of the market, Taiwan wields even greater influence: According to the CEPA report, it makes over 90% of the world’s most advanced microchips, those made with a highly sophisticated process technology of less than 10 nanometers. Overall, TrendForce credited Taiwan with 66.9% and China at 7.3%.

IT 52

IT Manufacturing Risk Risk Management 52

BizAcuity

JANUARY 18, 2023

Anti-Money Laundering (AML) is increasingly becoming a crucial branch of risk management and fraud prevention. AML regulations and procedures help organizations identify, monitor, and report suspicious transactions and provide an additional layer of protection against financial crime. REFERENCES. [1]

Machine Learning 52

Machine Learning Predictive Analytics Predictive Modeling Risk 52

erwin

AUGUST 20, 2020

An enterprise architecture management suite enables organizations to inventory their applications to identify redundancies and process gaps and formulate a cohesive plan for rationalization and/or modernization. Data Security & Risk Management. Regulatory Compliance. The post What Is Enterprise Architecture (EA)?

Enterprise 140

Enterprise Cost-Benefit Risk Data Governance 140

Smart Data Collective

APRIL 30, 2021

According to the 2020 Cost of a Data Breach Report by IBM, businesses could lose at least $3.86 With hackers and identity thieves using more advanced methods, it’s crucial for any enterprise to adopt new tools in keeping sensitive data from falling into the wrong hands and preventing cases of fraud. million to a data breach.

Enterprise 96

Enterprise Risk Measurement Software 96

Ontotext

APRIL 21, 2021

In the autumn 2020, one of the ‘Too Big To Fail’ global brands in finance learned a new way to lose a billion dollars in finance. The problem was the left hand had no way of knowing the systemic issues around data governance, risk management and compliance framework. The lost cash and fines were only part of the problem.

Metadata 59

Metadata Finance Cost-Benefit Risk 59

Smart Data Collective

FEBRUARY 2, 2021

In 2020, the size of the global Big Data market reached 56 billion, and it’s on track to exceed 103 billion by 2027. In a report titled Analytics: The real-world use of big data in retail , IBM found that 62% of retail leaders were able to create a competitive advantage thanks to data analytics and predictions. Public services.

Big Data 84

Big Data Recreation/Entertainment Cost-Benefit Finance 84

Ontotext

APRIL 6, 2023

Providing insights into the performance of different systems and processes, knowledge graphs can significantly improve asset management, equipment maintenance, factory floor management & optimization, industrial safety and a lot more. And that’s not all. Some of the top U.S.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

Smart Data Collective

SEPTEMBER 22, 2021

Data breaches expose over 36 billion records in the first half of 2020 already. The number of data breaches in the first half of 2020 is more than double the number of breaches in the first half of 2019. According to a report, 88% of organizations globally have been subjected to experience the threats of spear-phishing in 2019.

Statistics 107

Statistics Risk Measurement Software 107

CDW Research Hub

FEBRUARY 14, 2020

Related: Steering Clear of Security Breaches: Maintaining Cloud Integrity in 2020. As a prerequisite, your organization must already have governance and risk management teams, which will define the company policies and set compliance standards from which you can establish procedures.

Risk 52

Risk Reporting Measurement Insurance 52

DataRobot

AUGUST 9, 2021

For instance, the New York Times recently reported, “ We Need Laws to Take On Racism and Sexism in Hiring. ”. General Data Protection Regulation, California Consumer Privacy Act, SR 11-7 Guidance on Model Risk Management, etc). AI governance and auditability will affect all sectors that utilize machine learning.

Machine Learning 52

Machine Learning Risk Testing Insurance 52

Smart Data Collective

SEPTEMBER 14, 2020

According to IBM’s cost of data breach report 2020, the average cost of data breach in the United States alone is $8 million. This misconception prevents businesses from taking data breaches and cybersecurity attacks seriously. They not only ignore it but also do nothing to protect themselves from it.

Technology 137

Technology Risk Machine Learning Software 137

Alation

JUNE 14, 2021

Do we know the business outcomes tied to data risk management? Intelligent systems powered by machine learning are necessary for overcoming the challenges of data management. There are many locations where sensitive data can reside — from data lakes, databases, and reports, to APIs and queries. What am I required to do?

Data Governance 97

Data Governance Recreation/Entertainment Data Lake Digital Transformation 97