Remove 2022 Remove Risk Remove Risk Management Remove Strategy
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In the corner office, fear of GenAI risk outweighs the lure of its promise

CIO Business Intelligence

The risk of material business incidents is increasing. Beneath the bluster of all things AI, leaders are centering on the conundrum of accelerating innovation while designing risk management frameworks for threats we cannot entirely predict but must anticipate. No longer can teams get away with simply responding faster.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111
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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities. What is DORA?

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20 issues shaping generative AI strategies today

CIO Business Intelligence

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). Here’s a rundown of the top 20 issues shaping gen AI strategies today.

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Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. It is the tangents of this data that are vital to a successful change management process. Organize ERM strategy, operations, and data.

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State of the CIO, 2022: Focus turns to IT fundamentals

CIO Business Intelligence

Source: State of the CIO, 2022. The pivot back to foundational IT work was reflected in CIO.com’s 2022 State of the CIO research , which surveyed 985 IT leaders and 250 line of business (LOB) participants. Source: State of the CIO, 2022. Source: State of the CIO, 2022. Source: State of the CIO, 2022. Credit: CIO.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6