IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. million this year.

Risk 99

Risk Management Strategy Measurement 99

Ontotext

OCTOBER 11, 2023

SEMANTiCS 2023 kicked off with a Pre-conference day that offered an awesome lineup of business and academia talks. Andreas Blumauer presenting his talk: Responsible AI and LLMs SEMANTiCS 2023 Andreas focused on how we can take the best of both worlds and work on responsible, explainable generative AI. Are LLMs Knowledgeable?

Metadata 69

Metadata Cost-Benefit Marketing Modeling 69

CIO Business Intelligence

NOVEMBER 8, 2023

It is estimated by the end of 2023, 31% of organizations expect to run 75% of their workloads 2 in the cloud. In fact, a few of the most common challenges include: Risk. Organizations continue to face significant challenges in reducing the risk and limiting the scope of disruption that results from cyberattacks. 8 Complexity.

Cost-Benefit 135

Cost-Benefit Risk Digital Transformation Reporting 135

IBM Big Data Hub

MAY 18, 2023

Forrester Research just released “ The Forrester Wave™: AI Decisioning Platforms, Q2 2023: The 13 Providers That Matter Most And How They Stack Up ” by Mike Gualtieri with Aaron Katz, Catherine Marcin, and Jen Barton, and IBM is proud to be recognized as a Leader.

Reporting 91

Reporting Scorecard Predictive Modeling Machine Learning 91

IBM Big Data Hub

NOVEMBER 20, 2023

This includes extending modern authentication mechanisms to legacy apps with no-code changes, enabling a consistent user experience across all applications and improving security posture with real-time behavioral and biometric risk-based authentication. and/or its affiliates in the U.S. and internationally and are used herein with permission.

Management 70

Management Strategy Digital Transformation Reporting 70

Andrew White

JUNE 29, 2023

Stories abound: Deglobalization Reglobalization Friend-shoring Near-shoring De-risking The list of related words is almost endless. The article reports on several investments firms in Japanese using funds to secure critical chip related technology suppliers. Here is my blog page that I update from time to time.

Strategy 52

Strategy Data Strategy Finance Risk 52

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded. Its conclusions were less than optimal. Doing penetration testing.

IT 111

IT Measurement Risk Testing 111

Laminar Security

JUNE 29, 2023

Using a risk-based approach to deal with policy violations and continuous compliance monitoring will help avoid data exposures and fines. billion on cloud infrastructure and services in 2023, up 20.7% Organizations risk significantly increasing public cloud data risks if they don’t take necessary steps to improve its security.

Risk 52

Risk Big Data Testing Management 52

IBM Big Data Hub

AUGUST 17, 2023

In fact, according to Flexera’s 2023 State of the Cloud report , for the first time in a decade, “managing cloud spend” (82%) surpassed “security” (79%) to become the number one challenge facing organizations across the board. Overprovisioning is the go-to strategy for avoiding performance risks.

Risk 60

Risk Metrics Dashboards Optimization 60

IBM Big Data Hub

FEBRUARY 20, 2024

The model could potentially be used to identify conditions that raise the risks of wildfires and predict hurricanes and droughts. According to the European Union climate monitor Copernicus, 2023 was the warmest year on record—nearly 1.48 3 Climate Science Special Report: Fourth National Climate Assessment, Volume I.

Modeling 118

Modeling Forecasting Reporting Risk 118

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 57

Risk Management Machine Learning IoT 57

Laminar Security

AUGUST 21, 2023

As we hit 2023, Gartner’s Hype Cycle for Data Security sheds light on the latest advancements and technologies that can bolster data security including data security posture management (DSPM). In this blog, we will delve into the key insights from the report and emphasize the significance of DSPM in shaping the data security industry.

Management 40

Management Risk Unstructured Data Data Strategy 40

IBM Big Data Hub

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3%

Risk Management 77

Risk Management Risk Reporting Management 77

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 88

Testing Modeling Cost-Benefit Consulting 88

IBM Big Data Hub

DECEMBER 8, 2023

These teams are given the impossible task of driving down risk by patching software across their organization, with the hope that their efforts will help to prevent a cybersecurity breach. Does reducing the number of critical CVEs significantly reduce the risk of a breach?

Risk 72

Risk Testing Reporting Software 72

IBM Big Data Hub

MARCH 25, 2024

The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. As a result, their market would shrink.

Insurance 91

Insurance Forecasting Risk Risk Management 91

CIO Business Intelligence

SEPTEMBER 20, 2023

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 111

Digital Transformation Risk Management Risk Machine Learning 111

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

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

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 76

Risk Reporting Data-driven Publishing 76

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 93

Reporting Cost-Benefit Internet of Things Data-driven 93

IBM Big Data Hub

DECEMBER 14, 2023

A cybersecurity strategy is not solely about managing risk across a business’ IT infrastructure. According to the 2023 Cost of a Data Breach report conducted by Ponemon Institute and sponsored by IBM , breaches with identification and containment times under 200 days cost organizations USD 3.93

Risk 87

Risk Enterprise Digital Transformation Risk Management 87

IBM Big Data Hub

JANUARY 24, 2024

To mitigate and prepare for such risks, penetration testing is a necessary step in finding security vulnerabilities that an attacker might use. Ethical hackers may also provide malware analysis, risk assessment, and other hacking tools and techniques to fix security weaknesses rather than cause harm. What is penetration testing?

Testing 76

Testing Risk Reporting IoT 76

CIO Business Intelligence

JUNE 28, 2023

Zero Trust adoption is accelerating, with over half of organizations reporting they have adopted Zero Trust Security, according to research independently conducted by leading security research firm Ponemon Institute, sponsored by Hewlett Packard Enterprise. Organizations are looking for ways to reduce cyberattack risk. “To

Reporting 98

Reporting Insurance Risk Strategy 98

IBM Big Data Hub

MAY 28, 2024

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 In May 2023, Ireland’s data protection authority imposed a USD 1.3 Data risk management To protect their data, organizations first need to know their risks.

Strategy 45

Strategy Measurement Risk Cost-Benefit 45

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 104

Consulting Experimentation Machine Learning Modeling 104

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. The Cost of a Data Breach Report saw industrywide costs per breach hit record highs last year. With worldwide e-commerce sales totals expected to reach $8.1

Manufacturing 83

Manufacturing Sales Reporting Strategy 83

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 97

IoT Measurement Manufacturing Finance 97

IBM Big Data Hub

NOVEMBER 20, 2023

In 2023, organizations have faced an unprecedented level of pressure to digitally transform with the rise of generative AI as well as imperatives such as sustainability, labor productivity and security. The findings indicate that highly regulated industries are increasingly weighing risks, such as security, when considering the technology.

Digital Transformation 88

Digital Transformation Insurance Enterprise Data-driven 88

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 ). Today, these attacks exhibit an unprecedented level of frequency, ingenuity and speed. This is creating more attack opportunities and vulnerabilities for businesses than ever before.

Cost-Benefit 69

Cost-Benefit Digital Transformation Data-driven Strategy 69

DataKitchen

FEBRUARY 21, 2023

On 24 January 2023, Gartner released the article “ 5 Ways to Enhance Your Data Engineering Practices.” Release New Data Engineering Work Often With Low Risk: “Testing and release processes are heavily manual tasks… automate these processes.” Learn, improve, and iterate quickly (with feedback from the customer) with low risk.

Data-driven 130

Data-driven Testing Risk Cost-Benefit 130

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). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 95

Strategy Cost-Benefit Testing Risk 95

IBM Big Data Hub

JUNE 23, 2023

Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks. A recent report published by IBM’s Institute for Business Value (IBV) specifies key actions in response to one of seven bets proposed. Risk management and controls are an imperative in F&A.

Finance 59

Finance Consulting Data-driven Risk 59

IBM Big Data Hub

SEPTEMBER 6, 2023

In a May 2023 survey carried out by IBM and Momentive.ai , 67% of CMOs reported that they plan on implementing generative AI in the next 12 months and 86% plan to do so within 24 months. Understanding the benefit and risk of each use case will help to create a step-by-step path that prioritizes the model training process.

Marketing 118

Marketing Strategy B2B Cost-Benefit 118

IBM Big Data Hub

NOVEMBER 27, 2023

According to a Gartner® report , “By 2026, more than 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”* Hype Cycle for Generative AI, 2023, 11 September 2023. All rights reserved.

Consulting 75

Consulting Software Optimization Metrics 75

CIO Business Intelligence

MARCH 20, 2023

By Serge Lucio, Vice President and General Manager, Agile Operations Division This is a continuation of Broadcom’s blog series: 2023 Tech Trends That Transform IT. Stay tuned for future blogs that dive into the technology behind these trends from more of Broadcom’s industry-leading experts.

Data-driven 105

Data-driven Metrics Digital Transformation Measurement 105

IBM Big Data Hub

FEBRUARY 15, 2024

Surface temperature statistics paint a compelling picture of the changing climate: 2023, according to the European Union climate monitor Copernicus, was the warmest year on record—nearly 1.5 Heavy rain and tropical storms: Climate change alters precipitation patterns, with NASA reporting more frequent periods of excess precipitation.

Insurance 62

Insurance Risk Strategy Risk Management 62