CIO Business Intelligence

OCTOBER 16, 2023

According to the 2023 edition of Verizon’s Data Breach Investigations Report (DBIR), payment card data was compromised in 37% of breaches in 2022. In the Hospitality industry, credit card data was the target of 41% of cyberattacks, according to the 2023 DBIR. It is also a high-value target.

Consulting 108

Consulting Enterprise Reporting Risk 108

CIO Business Intelligence

OCTOBER 16, 2023

He notes that QSAs at Verizon, one of the longest-operating PCI services provider, recommend that CISOs explore several important questions, including: Are you confident that your current QSA understands the risks in your industry? Does your QSA provide actionable insights and recommendations, or just a compliance report?

Consulting 112

Consulting Reporting Enterprise Risk 112

IBM Big Data Hub

AUGUST 1, 2023

According to the IBM Security X-Force Threat Intelligence Index 2023 , for the second year in a row, phishing was the leading cyber threat, identified in 41% of incidents. Laptop management is the ability to enroll, configure, manage and report on laptops running operating systems like macOS, Microsoft Windows, ChromeOS, etc.

Risk 54

Risk Management Machine Learning IoT 54

CIO Business Intelligence

NOVEMBER 14, 2023

billion devices reported in 2023. In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 124

IoT Enterprise Manufacturing Internet of Things 124

CIO Business Intelligence

MAY 30, 2024

Following a legislative review of state purchases in fiscal year 2022, the state of Oklahoma discovered that its agencies had procured more than $3 billion worth of goods and services outside the oversight of its Office of Management and Enterprise (OMES) Central Purchasing division. 31 deadline.” billion by 2032.

IT 134

IT Cost-Benefit Key Performance Indicator Dashboards 134

CIO Business Intelligence

JANUARY 3, 2024

In August 2023, though, it took a different tack, saying it would sell Tech Foundations and its Atos brand to private investment fund EP Equity Investment rather than take it public. As it considers which activities to dispose of, though, Atos must weigh the potential cash infusion against the risks. billion and €1.8

Sales 110

Sales Big Data Digital Transformation Risk 110

IBM Big Data Hub

SEPTEMBER 12, 2023

The UK government’s Ecosystem of Trust is a potential future border model for frictionless trade, which the UK government committed to pilot testing from October 2022 to March 2023. The consortium ran a pilot that provided the government with additional supply chain data for 700,000 consignments.

Testing 84

Testing Modeling Cost-Benefit Consulting 84

IBM Big Data Hub

OCTOBER 3, 2023

But this growth in digital sales can come with a hefty price tag for retailers and consumer goods businesses: a much greater risk of data breaches. of all studied attacks among the top ten industries in 2022, up from 7.3% In fact, the Threat Intelligence Index found that manufacturing was the most targeted industry overall in 2022.

Manufacturing 79

Manufacturing Sales Reporting Strategy 79

IBM Big Data Hub

FEBRUARY 7, 2024

Advanced technologies, more stringent reporting standards and stronger support from stakeholders are building momentum for eco-friendly initiatives and the incentives that encourage them. Sustainability reporting: Accountability on the record This may be the biggest year yet in sustainability reporting.

Reporting 89

Reporting Internet of Things Cost-Benefit Data-driven 89

CIO Business Intelligence

OCTOBER 18, 2023

OpenAI’s November 2022 announcement of ChatGPT and its subsequent $10 billion in funding from Microsoft were the “shots heard ’round the world” when it comes to the promise of generative AI. CarMax CITO Shamim Mohammed confirms his company was using OpenAI’s GPT-3.x We can also use Claude 2, primarily if the OpenAI API is unresponsive.”

Risk 134

Risk Manufacturing Enterprise Technology 134

CIO Business Intelligence

MARCH 27, 2023

Chief data and analytics officers (CDAOs) are poised to be of increasing strategic importance to their organizations, but many are struggling to make headway, according to data presented last week by Gartner at the Gartner Data & Analytics Summit 2023. The mean reported budget among respondents was $5.41

Data-driven 141

Data-driven Data Quality Strategy Reporting 141

CIO Business Intelligence

SEPTEMBER 20, 2023

billion in 2022. Top 5 priorities for CISOs: Cybersecurity: Protecting the organization against cyber threats is the top priority for CISOs, with the number of reported data breaches rising year-on-year. Risk Management: CISOs must assess and manage the risks posed by new technologies and changing threat landscapes.

Digital Transformation 102

Digital Transformation Risk Management Risk Machine Learning 102

CIO Business Intelligence

JANUARY 9, 2024

ChatGPT caused quite a stir after it launched in late 2022, with people clamoring to put the new tech to the test. The October 2023 CEO Outlook Pulse from professional services firm EY reported that 99% of chief executives were planning to invest in generative AI. Which business cases actually need AI?

IT 122

IT Risk Cost-Benefit Enterprise 122

IBM Big Data Hub

MAY 25, 2023

In 2023 alone, IBM Consulting has interacted with more than 100 clients and completed dozens of engagements infusing generative AI alongside classical machine learning AI strategies. IDC 1 estimates the AI Services market will grow from approximately $36 billion USD in 2023 to approximately $65 billion USD in 2026.

Consulting 99

Consulting Experimentation Machine Learning Modeling 99

Cloudera

JANUARY 5, 2023

As more industries mature digitally and widely adopt AI and machine learning technologies, 2023 will be a pivotal year for organizations looking to deploy emerging tech solutions company-wide to fulfill business objectives. The results are higher revenues, lower risks, and increased productivity for the bank.

Cost-Benefit 52

Cost-Benefit Business Objectives Machine Learning Data Architecture 52

CIO Business Intelligence

FEBRUARY 13, 2023

The economy may be looking uncertain, but technology continues to drive the business and CIOs are investing big in 2023. The numbers are higher from Foundry’s 2023 State of CIO survey , which finds that 91% of CIOs expect their tech budgets to either increase or stay the same in 2023. in 2023, the firm says.

IT 145

IT Insurance Machine Learning Marketing 145

CIO Business Intelligence

MAY 14, 2024

Like many public health agencies across the US, the King County Medical Examiner’s Office tracks drug overdose deaths to target interventions for populations at risk and save lives. Seattle, the county seat, reported nearly 600 drug overdose deaths in 2022, an increase of 72% from the previous year.

Deep Learning 78

Deep Learning Machine Learning Reporting Experimentation 78

DataKitchen

MARCH 12, 2024

Our vision was to create a flexible, state-of-the-art data infrastructure that would allow our analysts to transform the data rapidly with a very low risk of error. Data errors can cause compliance risks. .” — Associate Director, Insights, Top 10 global pharmaceutical company. That was amazing for the team.”

Metrics 117

Metrics Software Cost-Benefit Testing 117

CIO Business Intelligence

NOVEMBER 15, 2022

But released the next day, the 2023 Gartner CIO and Technology Executive Survey revealed that EMEA-based CIOs expect IT budgets to increase 4.4% on average over the next year, somewhat lower than the projected 6.5% global inflation rate.

Digital Transformation 138

Digital Transformation Experimentation Risk Metrics 138

CIO Business Intelligence

DECEMBER 5, 2023

In fact, manufacturing was one of the sectors most impacted by extortion attacks last year, according to Palo Alto Networks Unit 42, as reported in the 2023 Unit 42 Extortion and Ransomware Report. Why is this sector at such risk? Cyberattacks on operational technology (OT) systems are rapidly rising.

Technology 95

Technology Strategy Manufacturing Digital Transformation 95

CIO Business Intelligence

SEPTEMBER 7, 2023

According to a 2022 Institute of Directors survey , 80% of boards did not have processes in place to audit their company’s use of AI. In AI hype cycles, 2022 seems an eon away. Will the introduction of AI cause worker layoffs or create risks of losing some of your most valuable employees?

Risk 111

Risk Risk Management Management Technology 111

IBM Big Data Hub

SEPTEMBER 15, 2023

For the first wave of companies affected, sustainability reports will be required as soon as fiscal year 2024. These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures.

Risk 72

Risk Reporting Data-driven Publishing 72

CIO Business Intelligence

NOVEMBER 8, 2023

Inflation may have dropped from its high in 2022, but the price pressures on IT budgets have continued unabated. in June, 2022, to 3.7% in September, 2023, the price pressures facing IT have persisted. in June, 2022, to 3.7% in September, 2023, the price pressures facing IT have persisted. Here’s how.

IT 123

IT Cost-Benefit Digital Transformation Software 123

Laminar Security

JULY 27, 2023

Data Privacy Risk Growing in a World of Constant Security Breaches So, how has the world progressed on data privacy issues since the Committee of Ministers of the Council of Europe established Data Privacy Day in 2006 ? In 2022, there were 1,802 data compromises , just 60 incidents short of 2021’s record. billion in 2022.

Risk 65

Risk Big Data Enterprise Publishing 65

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). billion in 2022 and was poised to grow by 22% in the years ahead. million—a 15% increase over the last 3 years.

Strategy 90

Strategy Cost-Benefit Testing Risk 90

CIO Business Intelligence

SEPTEMBER 12, 2023

i] NIS2 was adopted in early 2023 as a response to increasing digitalization and rising cybersecurity threats stemming from the COVID-19 pandemic and the Russia-Ukraine War. iv] According to the Ponemon report, one of the factors that slows down Zero Trust adoption is the lack of integration between tools. March 2023.

IoT 75

IoT Measurement Manufacturing Finance 75

CIO Business Intelligence

DECEMBER 18, 2023

Developing generative AI implementation strategies will be imperative for technology leaders, prioritizing key areas such as business model building, internal operational improvements, risk mitigation, and overall organizational efficiency. In 2023, leading organizations in the region shifted gears towards DX 2.0,

Cost-Benefit 89

Cost-Benefit Risk Strategy Manufacturing 89

CIO Business Intelligence

SEPTEMBER 26, 2023

Depending upon which research report you read, we have a shortage of somewhere around 3.4 But there is much we can do in the meantime, particularly when we appreciate that good cyber talent is not just about reducing risk: it’s about being a strategic enabler of innovation for our organizations. World Economic Forum, January 9, 2023.

Machine Learning 92

Machine Learning Technology Reporting Risk 92

CIO Business Intelligence

APRIL 20, 2023

Australia and Pakistan have seen communities wrecked by large-scale flooding and continual rain, while in 2022, Europe had its hottest summer on record. His concerns are backed up by the Intergovernmental Panel on Climate Change (IPCC), which on March 20, 2023, said it’s unlikely the world will keep to its Paris Climate Accord promises.

Consulting 88

Consulting Insurance Cost-Benefit Finance 88

CIO Business Intelligence

JULY 31, 2023

The adoption curve here is by no means gradual, with most enterprise leaders quickly working to harness the technology’s potential mere months after the November 2022 launch of gen AI tool ChatGPT kicked off a wave of enthusiasm (and worry). So, what are the concerns that will complicate the enterprise gen AI playbook?

Strategy 95

Strategy Risk Enterprise Risk Management 95

IBM Big Data Hub

NOVEMBER 30, 2023

The cyberthreat landscape is evolving and countries such as India are facing an alarming rate of increase in cyberattacks ( Q2 of 2023 saw a 90% increase ). eSec Forte’s SOC migrated from an existing platform to IBM Security QRadar in Q1 2022. Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed.

Cost-Benefit 66

Cost-Benefit Digital Transformation Data-driven Strategy 66

CIO Business Intelligence

NOVEMBER 3, 2023

The 2023 IT salary report from Robert Half reinforces these findings. For IT professionals who report high levels of burnout, 42% are considering quitting their company within the next six months, according to survey data from Yerbo. Moreover, 30% reported that they feel inefficient at work.

IT 128

IT Reporting Uncertainty Cost-Benefit 128

CIO Business Intelligence

NOVEMBER 27, 2023

Cybersecurity risks This one is no surprise, given the scary statistics on the growing number of cyberattacks, the rate of successful attacks, and the increasingly high consequences of being breached. The September Monthly Threat Intelligence Report from cybersecurity firm NCC Group delivers plenty of reasons to worry.

IT 115

IT Digital Transformation Reporting Finance 115

CIO Business Intelligence

MAY 29, 2024

I cannot share all the examples,” she continued, “but to give a sense of the kind of thing that I am talking about, it is things like, when ChatGPT came out in November 2022, the board was not informed in advance. Give me give me some examples,’” she said. “I We learned about it on Twitter.

Data Processing 79

Data Processing Finance Strategy Technology 79

CIO Business Intelligence

JULY 11, 2022

The 2021-2023 Gartner Report on Emerging Technology Roadmap for Large Enterprises showed that computer infrastructure and platform services, network, security, digital workplace, and IT automation are among the key technology areas impacted by IT talent shortages. CEOs top priorities for IT in 2022.

Management 85

Management Digital Transformation Enterprise Risk 85

CIO Business Intelligence

AUGUST 9, 2023

Most CEOs (72%) continue to prioritize digital investments, according to the 2022 CEO Outlook report from KPMG, in part due to concerns about emerging and disruptive technology, a top three risk to organizational growth. Now, in 2023, companies are using analytics and intelligence capabilities as well as IoT and edge computing.

Digital Transformation 137

Digital Transformation Strategy Data-driven Consulting 137

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. as of January. increase from 2021.

IT 114

IT Software Risk Management 114