CIO Business Intelligence

SEPTEMBER 20, 2023

billion in 2022. Risk Management: CISOs must assess and manage the risks posed by new technologies and changing threat landscapes. Employee Awareness: Effective employee training and awareness is critical in ensuring that staff are not unwittingly exposing the organization to cyber risks.

Digital Transformation 111

Digital Transformation Risk Management Risk Machine Learning 111

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 million jobs , a 26.2%

Statistics 82

Statistics Risk Reporting Unstructured Data 82

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 96

Testing Modeling Cost-Benefit Consulting 96

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.

Data Governance 59

Data Governance Risk Data Quality Dashboards 59

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 83

Optimization Cost-Benefit Prescriptive Analytics Manufacturing 83

IBM Big Data Hub

FEBRUARY 13, 2024

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. Strategic sourcing can help mitigate some of that stress by reducing potential risks associated with supplier relationships.

Cost-Benefit 88

Cost-Benefit Scorecard Risk Recreation/Entertainment 88

IBM Big Data Hub

APRIL 11, 2023

Read the 2022 IBM Impact Report Embedding ethics across practices For IBM, it starts by creating a culture of ethics across the company. For example, IBM maintains a multifaceted risk-management approach to identify and help address cybersecurity risks. Learn more about this and other initiatives at our IBM Impact Report 2022.

Reporting 64

Reporting Risk Risk Management Technology 64

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. Join the IBM Sustainability Community 1 Green transition creates $10.3T

Reporting 101

Reporting Cost-Benefit Internet of Things Data-driven 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 90

Manufacturing Sales Reporting Strategy 90

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 103

Strategy Cost-Benefit Testing Risk 103

John Wheeler

OCTOBER 6, 2021

2021 has been an eventful year for business leaders as they continue to struggle with major risk events. Common to all of these risk events is the highly interconnected causes and effects that require a better view of the risk landscape.

Risk Management 52

Risk Management Risk Interactive Technology 52

CIO Business Intelligence

JUNE 13, 2023

Not even the sovereign cloud provider can access your data – lowering your risk of cyberattack, chance of downtime, and persistent resources needed to keep your cloud up and running. AWS Public Sector Blog, Achieving “five nines” in the cloud for justice and public safety , March 2020 2. February 2021 3.

Digital Transformation 98

Digital Transformation Data Integration Risk Marketing 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 87

Digital Transformation Interactive Risk Management 87

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 93

Predictive Modeling Modeling Risk Statistics 93

IBM Big Data Hub

APRIL 10, 2024

Reduced risk and technical debt: All legacy releases are inherently risky due to a longer release cycle. The risks of not modernizing your applications include increased downtime, combined with a limited and slow response time to rapidly changing customer needs. trillion in 2022.

Cost-Benefit 100

Cost-Benefit Software Risk Marketing 100

IBM Big Data Hub

JUNE 13, 2023

Can security teams keep up with attack surface risks without automated processes? That does not include the additional time it takes for security teams to analyze the discovery data, prioritize actions and mitigate risks. To keep pace with attack surface risks, more organizations need to use automated tools. Here’s why.

Management 94

Management Cost-Benefit Risk Data Processing 94

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

DataKitchen

JULY 3, 2023

Teams Did Not Build Current Architecture For Rapid And Low-Risk Changes Those Systems Teams have complicated in-place data architectures and tools and fear changes to what is already running. 22% of data engineers’ time is spent on innovation, but 78% on errors and manual execution (Gartner 2022).

Testing 130

Testing Risk Data-driven Statistics 130

Cloudera

MARCH 26, 2024

The release of LLMs surged by 136% in 2023 compared to 2022, and this upward trend is projected to continue in 2024. The post Don’t Get Left Behind in the AI Race: Your Easy Starting Point is Here appeared first on Cloudera Blog. Please find more information about this offering on our website.

Cost-Benefit 78

Cost-Benefit Machine Learning Enterprise Modeling 78

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

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 97

IoT Measurement Manufacturing Finance 97

erwin

SEPTEMBER 13, 2022

Quest ® EMPOWER kicks off November 1, 2022 and is our free, two-day online summit designed to inspire and provide data veteran perspectives that will help you move your organization’s relationship with data forward. Explore the full day one agenda for Quest EMPOWER 2022. Day one will be focused on data intelligence and governance.

Data Governance 52

Data Governance Data-driven Data Architecture Data Quality 52

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 103

Metadata Risk Risk Management Experimentation 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 73

Risk Deep Learning Modeling Metadata 73

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. The post IBM Consulting unveils Center of Excellence for generative AI appeared first on IBM Blog.

Consulting 110

Consulting Experimentation Machine Learning Modeling 110

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. CDP Media Factsheet (link resides outside ibm.com ), CDP, October 2022 3.

Measurement 88

Measurement Metrics Reporting Strategy 88

IBM Big Data Hub

FEBRUARY 15, 2024

” 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. More than 60,000 people died in European heat waves in 2022.

Insurance 68

Insurance Risk Strategy Risk Management 68

Cloudera

JULY 19, 2022

billion predicted for 2022. It cited the large percentage of the workforce working remotely as creating potential risks for IT networks, and the new risks created by the necessity to conduct financial services online, including people less familiar with the protocols. appeared first on Cloudera Blog.

Predictive Analytics 82

Predictive Analytics Risk Machine Learning Measurement 82

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 117

Cost-Benefit Consulting Risk Reporting 117

IBM Big Data Hub

JANUARY 11, 2024

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. Analyze risks: Now that you have a list of the risks your company faces, you can try to gauge the likelihood of each one.

Cost-Benefit 106

Cost-Benefit Risk Enterprise Software 106

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. million phishing sites.

Testing 83

Testing Measurement Behavioral Analytics Reporting 83

DataRobot Blog

JUNE 1, 2022

Join DataRobot and leading organizations June 7 and 8 at DataRobot AI Experience 2022 (AIX) , a unique virtual event that will help you rapidly unlock the power of AI for your most strategic business initiatives. Explore nine great reasons to join DataRobot AIX 2022. AI Success Stories from Global Organizations.

Machine Learning 119

Machine Learning Data-driven Risk Management Risk 119

IBM Big Data Hub

SEPTEMBER 15, 2023

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. appeared first on IBM Blog.

Risk 81

Risk Reporting Data-driven Publishing 81

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

Andrew White

MAY 21, 2022

Recession in 2022? Check out 7 Risk Areas Every Executive Should Expect and Manage Following the Russian Invasion of Ukraine. Here are team of analysts explore various risks that were triggered or augmented by the Russian invasion of Ukraine. When the market perceives risk, capital seeks the safest investments.

Risk 75

Risk Forecasting Marketing Manufacturing 75

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 . In 2022, the IBM GCDO strategy also includes an increasing attention to our business partnerships, a growing space in the data field.

Data Strategy 86

Data Strategy Strategy Enterprise Data-driven 86

CIO Business Intelligence

AUGUST 17, 2023

But, as with any big new wave, there is a risk of once-promising projects being washed up and there are clear and obvious concerns over governance, quality and security. We ran workshops with every division of our business, educating them on the accelerating innovation in this area, brainstorming opportunities and risks.

Risk 98

Risk Cost-Benefit Strategy Experimentation 98