IBM Big Data Hub

APRIL 11, 2023

As reflected in the IBM Impact Report , we are working hard to serve as an example for our industry peers, partners, and fellow leaders on how to build a positive impact by implementing technology ethics and committing to trust and transparency in our practices and products on a global scale.

Reporting 62

Reporting Risk Risk Management Technology 62

Laminar Security

JUNE 8, 2023

This widespread cloud transformation set the stage for great innovation and growth, but it has also significantly increased the associated risks and complexity of data security, especially the protection of sensitive data. increase from 2022. A 2022 ISC report highlighted a cybersecurity workforce gap of 3.4

Statistics 82

Statistics Risk Reporting Unstructured Data 82

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

IBM Big Data Hub

JANUARY 25, 2024

A recent report shows a significant increase in the cost of manufacturing downtime from 2021 to 2022, with Fortune Global 500 companies now losing 11% of their yearly turnover which amounts to nearly USD 1.5 The post MRO spare parts optimization appeared first on IBM Blog. trillion, up from USD 864 billion in 2019 to 2020.

Optimization 80

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 80

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 101

Digital Transformation Risk Management Risk Machine Learning 101

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 88

Manufacturing Sales Reporting Strategy 88

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 100

Strategy Cost-Benefit Testing Risk 100

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. Explore IBM Envizi 1.

Measurement 86

Measurement Metrics Reporting Strategy 86

Alation

SEPTEMBER 7, 2021

This is the last of the 4-part blog series. In the previous blog , we discussed how Alation provides a platform for data scientists and analysts to complete projects and analysis at speed. In this blog we will discuss how Alation helps minimize risk with active data governance. In Summary.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

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 79

Risk Reporting Data-driven Publishing 79

IBM Big Data Hub

NOVEMBER 8, 2023

We saw this happen between Dole and Walmart in 2022 when a particular brand of lettuce—Ocean Mist Farms brand Romaine Hearts—had to be recalled. They will be able to: Utilize reporting to identify trends and risks within the product supply chain for mitigation and improvement.

Cost-Benefit 114

Cost-Benefit Consulting Risk Reporting 114

IBM Big Data Hub

JUNE 13, 2022

Beyond these common uses of AI, there are also uses that regulators are beginning to identify as areas where there may be a higher risk. Trustworthy outcomes are critical for all AI systems, particularly in high-risk contexts, and this is a key factor in why the market for responsible AI solutions is expected to double in size in 2022 [2].

Risk 98

Risk Risk Management Data-driven Metrics 98

IBM Big Data Hub

JUNE 9, 2023

As organizations continue to expand their digital footprint, new vulnerabilities are constantly emerging that can put them at risk. Learn more about Noname Advanced API Security for IBM Sign up for a live demo to see it in action [1] Source: Gartner, API Security Maturity Model, William Dupre, Gary Olliffe, November 30, 2022.

Digital Transformation 84

Digital Transformation Interactive Risk Management 84

IBM Big Data Hub

JANUARY 25, 2024

. “For most of the over 6,000 languages in the world, the text data available is not enough to train a large-scale foundation model” (from “ On the Opportunities and Risks of Foundation Models ,” Bommasani et al., What are the risks for disparate impact? How are you assessing fairness?

Predictive Modeling 91

Predictive Modeling Modeling Risk Statistics 91

IBM Big Data Hub

APRIL 10, 2024

Three in four executives reported disparate systems in their organizations and that a lack of skills, resources and common operational practices challenge business objectives. Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle. trillion in 2022.

Cost-Benefit 97

Cost-Benefit Software Risk Marketing 97

IBM Big Data Hub

MAY 25, 2023

At the same time, there are reasonable concerns about how to mitigate bias, manage data security, and factor in precision and risk. Executives reported they expect nearly half (48%) of the staff in their organization will use generative AI to augment their daily tasks in the next year.

Consulting 108

Consulting Experimentation Machine Learning Modeling 108

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

AUGUST 9, 2023

Since 2019, the number of phishing attacks has grown by 150% percent per year— with the Anti-Phishing Working Group (APWG) reporting an all-time high for phishing in 2022 , logging more than 4.7 According to Proofpoint, 84% of organizations in 2022 experienced at least one successful phishing attack.

Testing 80

Testing Measurement Behavioral Analytics Reporting 80

IBM Big Data Hub

JANUARY 11, 2024

Reduced costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach last year was USD 4.45 Enterprises without DR plans are taking an unnecessary risk, as the costs and penalties incurred by a successful attack could far outweigh the money saved by not investing in one.

Cost-Benefit 103

Cost-Benefit Risk Enterprise Software 103

IBM Big Data Hub

JUNE 26, 2023

in 2022 and it is expected to be hit around USD 118.06 Each organization must balance opportunities for value creation with the risks involved. Depending on the business and the use case, if tolerance for risk is low, organizations will find that either building in house or working with a trusted partner will yield better results.

Risk 71

Risk Deep Learning Metadata Modeling 71

IBM Big Data Hub

OCTOBER 4, 2022

Today, AI presents an enormous opportunity to turn data into insights and actions, to amplify human capabilities, decrease risk and increase ROI by achieving break through innovations. IBM Global AI Adoption Index 2022.). Manual processes that introduce risk and make it hard to scale. Challenges around managing risk.

Metadata 102

Metadata Risk Risk Management Experimentation 102

IBM Big Data Hub

MAY 6, 2024

Industry analysts report that dropout rates in phase 3 clinical trials can sometimes reach 20% to 30%. Our analysis of the voluntarily reported Form FDA 1572 BMIS database reveals a potential lack of sustainability in the investigator pool, both in the United States (US) and globally (Exhibit 2).

Advertising 72

Advertising Data-driven Optimization Strategy 72

IBM Big Data Hub

DECEMBER 12, 2023

An IBM CEO study , based on interviews with 3,000 CEOs worldwide, reveals that CEOs who successfully integrate sustainability and digital transformation report a higher average operating margin than their peers. Envizi delivers top-down management reporting, while MAS offers bottom-up operational asset management.

Management 76

Management Cost-Benefit Optimization Strategy 76

IBM Big Data Hub

JULY 19, 2023

The industry is under tremendous pressure to accelerate drug development at an optimal cost, automate time- and labor-intensive tasks like document or report creation to preserve employee morale, and accelerate delivery. Supply Chain: Demand forecasting, supply chain optimization, risk assessment and mitigation.

Consulting 64

Consulting Machine Learning Manufacturing Optimization 64

CIO Business Intelligence

SEPTEMBER 12, 2023

Given rising IoT adoption, erosion of the corporate perimeter due to work-from-everywhere, and increasingly sophisticated threats that exploit “trusted” users and devices for malicious purposes, these security approaches can expose the organization to greater risk. i] S ievers, T. Proposal for a NIS directive 2.0: European Union.

IoT 74

IoT Measurement Manufacturing Finance 74

IBM Big Data Hub

FEBRUARY 15, 2024

Heavy rain and tropical storms: Climate change alters precipitation patterns, with NASA reporting more frequent periods of excess precipitation. ” Ocean acidification: Marine life is also at risk from ocean acidification, stemming from greenhouse gas emissions and the greater concentration of carbon dioxide in the atmosphere.

Insurance 66

Insurance Risk Strategy Risk Management 66

IBM Big Data Hub

OCTOBER 12, 2022

Every football season, millions of articles, blog posts, podcasts and videos are produced by the media, offering expert analysis on everything from player performance to injury reports. It lets a fantasy owner visualize the risk-and-reward scenarios, see trends over time and field a more competitive team.

Unstructured Data 87

Unstructured Data Consulting Statistics Data-driven 87

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Digital Transformation 68

Digital Transformation Risk Data Processing Enterprise 68

IBM Big Data Hub

NOVEMBER 30, 2023

IBM’s 2023 Cost of a Data Breach report reveals that the average cost of a data breach in India has increased to an all-time high of INR 179 million in 2023, which is approximately a 28% increase since 2020. eSec Forte’s SOC migrated from an existing platform to IBM Security QRadar in Q1 2022. What is the next frontier?

Cost-Benefit 73

Cost-Benefit Digital Transformation Data-driven Strategy 73

CIO Business Intelligence

MARCH 25, 2022

Last December, Broadcom Software published our blog: Predictions for 2022. We will now explore each of these in more depth in our next blog series. And the most recent Verizon security report found that over 80% of breaches involve brute force or the use of lost or stolen credentials. First up, Zero Trust.

Software 52

Software Risk Strategy Reporting 52

IBM Big Data Hub

APRIL 12, 2022

Mitigating risk. This year – 2022 – we are on track to increase our contribution by 150%. 2022 and the future of IBM data strategy investments . By doing so, the data fabric significantly improves the productivity of data engineering tasks, accelerates time-to-value for the business, and simplifies compliance reporting.

Data Strategy 83

Data Strategy Strategy Enterprise Data-driven 83

IBM Big Data Hub

OCTOBER 18, 2022

It’s more vexing than regulation, cyber risk, and even supply chain disruptions. CEOs identify a range of challenges both within and beyond their organizations, and only a quarter report active implementation of their sustainability strategy across their entire enterprise. But many businesses have a long way to go.

Uncertainty 52

Uncertainty Strategy Measurement ROI 52

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. This increases the risks that can arise during the implementation or management process. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

Laminar Security

DECEMBER 11, 2023

According to a report by Verizon, insider threats accounted for 30% of data breaches in 2020. Another report by the Ponemon Institute found that the average cost of an insider threat incident had increased from $15.4 million in 2022 to $16.2 DDR also provides audit trails and reports for data security posture and compliance.

Behavioral Analytics 55

Behavioral Analytics Machine Learning Risk Cost-Benefit 55

IBM Big Data Hub

MAY 26, 2023

According to a report on mapping the cloud maturity curve from the EIU , 48% of industry executives said cloud has improved data access, analysis and utilization, 45% say cloud has sped up delivery of new IT services and capabilities, and 44% say cloud has expanded sales channels across digital avenues.

Consulting 79

Consulting Cost-Benefit Optimization Machine Learning 79

BizAcuity

APRIL 11, 2022

As per a report from Transunion , in the US alone, the rate of online betting fraud reached 262% from Q2 2020 to Q2 2021. In this blog, we will discuss the different types of online betting frauds prevalent in 2022, and how online gaming business owners can protect themselves and their customers from these threats.

IT 52

IT Risk Software Marketing 52

Cloudera

DECEMBER 11, 2020

Insurance and finance are two industries that rely on measuring risk with historical data models. To facilitate risk modeling in this new normal, agility and flexibility is required. Security Magazine recently reported that Multi-cloud adoption grew by 70% year over year. appeared first on Cloudera Blog. Data Variety.

Insurance 92

Insurance Digital Transformation Unstructured Data Machine Learning 92