TDAN

OCTOBER 3, 2023

During the CDM Media’s September 2023 Houston CDO and CIO/CISO Summit, I joined a group of business and IT leaders across various industries to share perspectives and best practices. I also participated in an executive dinner and roundtable to focus on artificial intelligence (AI).

Risk 52

Risk IT Data Governance Data Strategy 52

Laminar Security

AUGUST 21, 2023

Introduction In the ever-evolving landscape of data security, staying ahead of emerging threats and challenges is critical for organizations. 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).

Management 40

Management Risk Unstructured Data Data Strategy 40

IBM Big Data Hub

JANUARY 19, 2023

They have been exceedingly clear in communicating with consumers what data is collected, why they’re collecting that data, and whether they’re making any revenue from it. They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience.

Risk Management 60

Risk Management Risk Strategy Data Strategy 60

Alation

APRIL 14, 2023

Practitioners and hands-on data users were thrilled to be there, and many connected as they shared their progress on their own data stack journeys. People were familiar with the value of a data catalog (and the growing need for data governance ), though many admitted to being somewhat behind on their journeys.

Data Warehouse 52

Data Warehouse Data-driven Digital Transformation Metadata 52

CIO Business Intelligence

JUNE 30, 2023

All of this renewed attention on data and AI, however, brings greater potential risks for those companies that have less advanced data strategies. As these trends continue to evolve, building your data strategy around the principles of openness and governance assures trust in the data.

Internet of Things 102

Internet of Things Strategy Data Strategy Risk 102

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 These data breaches can cost their victims in many ways. Failure to comply with these data protection laws can result in hefty fines. million, a 15 percent increase over three years.

Strategy 83

Strategy Measurement Risk Cost-Benefit 83

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. Organizations are still investing in data and analytics functions.

Data-driven 145

Data-driven Data Quality Strategy Reporting 145

CIO Business Intelligence

OCTOBER 24, 2023

Over the past few years, CIOs have focused on enabling hybrid work, driving efficiencies through automation, modernizing applications, enabling machine learning predictions, and maturing the data-driven organization. Still, certain issues surface time and time again to trouble business outcomes regardless of the strategic objectives.

Digital Transformation 145

Digital Transformation Data-driven Business Objectives Strategy 145

CIO Business Intelligence

JANUARY 19, 2024

According to Deep Instinct’s research , 75% of security professionals observed an increase in cyberattacks in 2023, with 85% of them attributing the rise to generative AI. These attacks come in various formats, often including accessing private data through phishing, which AI is making harder and harder to detect.

IT 120

IT Insurance Data Governance Measurement 120

CIO Business Intelligence

FEBRUARY 14, 2024

As the cost of data storage has fallen, many organizations are keeping unnecessary data, or cleaning up data that’s out of date or no longer useful after a migration or reorganization. But too often they’re not solved because no one’s thought about the longer term implications so there’s no ownership.”

IT 143

IT Metadata Data-driven Management 143

Laminar Security

APRIL 18, 2023

What’s needed is a technology solution that can see into and across the various, disparate clouds, giving the user one, unified view into all cloud data risk. “Data stakeholders need to understand data exposure and mitigate risk no matter how diversified the data environment is.

Data Warehouse 52

Data Warehouse Risk Cost-Benefit Structured Data 52

IBM Big Data Hub

NOVEMBER 28, 2022

Suppose that a new data asset becomes available but remains hidden from your data consumers because of improper or inadequate tagging. How do you keep pace with growing data volumes and increased demand from data consumers and deliver real-time data governance for trusted outcomes? Improve data discovery.

Metadata 56

Metadata Data Quality Data-driven Data Governance 56

Laminar Security

NOVEMBER 1, 2023

Data is more critical than ever in 2023. Even if teams are actively seeking to improve their data security, it’s challenging to do so within today’s multi-cloud environments. The static/point-in-time documents that auditors rely on don’t match the dynamic nature of data and associated risks in today’s cloud environments.

Data Science 94

Data Science Risk Enterprise Technology 94

IBM Big Data Hub

OCTOBER 30, 2023

Real-time analytics on customer data — made possible by DB2’s high-speed processing on AWS — allows the company to offer personalized insurance packages. AI algorithms sift through large datasets to identify fraud risks and streamline claims processing, improving both efficiency and customer satisfaction.

Insurance 78

Insurance Data Warehouse Data-driven Unstructured Data 78

Cloudera

JUNE 7, 2023

Subsequent to the ZTMM release, CISA issued a request for comment, which has led to the revised version 2 of the ZTMM in April 2023 , as “commenters requested additional guidance and space to evolve along the maturity model,” according to CISA. How does Cloudera support the evolution to optimal?

Metadata 84

Metadata Data Lake Optimization Modeling 84

IBM Big Data Hub

JUNE 30, 2022

But not all data is best suited for the cloud. While the share of IT spend dedicated to public cloud is expected to decline by 4% between 2020 and 2023, hybrid and multicloud spend is expected to increase up to 17%. IT works to manage the underlying risk, security and performance through governance, without limiting flexibility.

Data Strategy 56

Data Strategy Strategy Business Objectives Data-driven 56

CIO Business Intelligence

DECEMBER 22, 2023

To tackle that, businesses are turning their budgets toward the cloud, with two out of every three IT decision-makers planning to increase cloud budgets in 2024, and nearly a third (31%) reporting that 31% of their IT budget is earmarked for cloud computing, according to the 2023 Cloud Computing Study from CIO.com parent company Foundry.

Consulting 130

Consulting Software Business Objectives Optimization 130

Cloudera

MARCH 25, 2021

As the second state in the US to approve such regulation, the Virginia law is similar to the California Consumer Privacy Act (CCPA), with rules on access rights, correction, and use of data including transparency about how data is used. Virginia’s law will go into effect on January 1, 2023. It’s just not easy.

Data Strategy 66

Data Strategy Strategy Enterprise Insurance 66

IBM Big Data Hub

FEBRUARY 23, 2024

Yet many organizations still struggle to meet compliance requirements, and EU data protection authorities do not hesitate to hand out penalties. billion fine in 2023. Common responsibilities include overseeing risk assessments, training employees on data protection principles, and working with government authorities.

Measurement 76

Measurement Risk Data Collection Data Processing 76

Octopai

JUNE 21, 2021

Banking activities certainly have their risks, like credit risk (e.g. borrowers defaulting on loans) and operational risk (e.g. That distinction is the thrust of Fundamental Review of the Trading Book (FRTB) regulations, the last piece of Basel III, slated to go live on January 1st, 2023. Lending money. Borrowing money.

Risk 52

Risk Measurement Modeling Reporting 52

Andrew White

NOVEMBER 14, 2022

These are the two main conclusions I take away after my conversations with attendees at our D&A conferences in UK, US and Australia in 2023. How is it that trying to be aware of all your data is the first step to working out what data (or analytic) actually needs to be governed first? Or second and tenth?

Data Integration 52

Data Integration Technology Data Governance Analytics 52

CIO Business Intelligence

JULY 28, 2023

For example, it can also provide additional information on the data’s source and value. As well as supporting data governance, it enhances data accuracy. It is vital to map relationships between data entities to reduce redundancies and make analysis more accurate by reducing errors and repetition.

Risk 97

Risk Data Governance Enterprise Data Integration 97

AWS Big Data

JUNE 29, 2023

Therefore, over time, multiple Data Definition Language (DDL) or Data Control Language (DCL) queries, such as CREATE, ALTER, DROP, GRANT, or REVOKE SQL queries, are run on the Amazon Redshift data warehouse, which are sensitive in nature because they could lead to dropping tables or deleting data, causing disruptions or outages.

Data Warehouse 60

Data Warehouse Dashboards Testing Visualization 60

IBM Big Data Hub

AUGUST 7, 2023

Ensuring the authenticity of data is crucial in preventing potential disputes over authorship in multi-party interactions. Furthermore, even trusted parties often seek to restrict the power of their privileged users to mitigate the risks associated with mistakes and fraud.

Data Governance 63

Data Governance Manufacturing Interactive IoT 63

Octopai

FEBRUARY 9, 2021

How does risk change the valuation? IFRS 17 will go into effect on January 1, 2023 (if they don’t push it off for the third time, that is), requiring global insurance companies to hold to a unified standard when issuing financial statements. Which cash flows and liabilities are included? When do you value those cash flows?

Insurance 52

Insurance Reporting Metadata Risk 52

CIO Business Intelligence

MARCH 7, 2023

While digital initiatives and talent are the board directors’ top strategic business priorities in 2023-2024, IT spending is forecasted to grow by only 2.4% Some IT organizations elected to lift and shift apps to the cloud and get out of the data center faster, hoping that a second phase of funding for modernization would come.

Digital Transformation 145

Digital Transformation Data Governance Experimentation Machine Learning 145

CIO Business Intelligence

MAY 20, 2024

Krishna Prasad, chief strategy officer and CIO at UST, a digital transformation solutions company, says that cybersecurity not only remains top of mind but an area of significant work for IT as it’s tasked with executing much of the risk-mitigation efforts. Risk management came in at No. That’s up from 85% who said as much in 2023.

IT 142

IT Risk Management Machine Learning Risk 142

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 89

Insurance Data Architecture Risk Management Risk 89

CIO Business Intelligence

NOVEMBER 2, 2023

Salesforce’s findings gibe with IDC’s Worldwide C-Suite Survey 2023-2024 , released in September. Foundry’s recently released AI Priorities Study 2023 found that 56% of IT decision-makers are eager to learn more about gen AI. But the enthusiasm must be tempered by the need to put data management and data governance in place.

Data Strategy 137

Data Strategy Strategy Sales Data Governance 137

FineReport

MAY 31, 2023

Financial Dashboard Examples Note: All the financial dashboard examples shown in this article are created by FineReport , a powerful dashboard software that has been honorably mentioned by Magic Quadrant for ABI Platforms in 2023. Inaccurate or inconsistent data can lead to erroneous conclusions and decisions.

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Dashboards Key Performance Indicator Metrics Visualization 52

DataKitchen

FEBRUARY 2, 2023

We’ve read many predictions for 2023 in the data field: they cover excellent topics like data mesh, observability, governance, lakehouses, LLMs, etc. What will the world of data tools be like at the end of 2025? The vendor landscape for addressing risk, cost, productivity, and governance often overlaps.

Metadata 130

Metadata Testing Risk Data Science 130

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

AWS Big Data

MARCH 27, 2024

Achieving this will also improve general public health through better and more timely interventions, identify health risks through predictive analytics, and accelerate the research and development process.

Data Analytics 91

Data Analytics Analytics Data Warehouse Data Lake 91

IBM Big Data Hub

APRIL 11, 2024

In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). They identify international coordination and safety regulation as critical to preventing risks related to an “AI race.”

Risk 74

Risk Consulting Modeling Data Processing 74

IBM Big Data Hub

JANUARY 9, 2024

Companies still often accept the risk of using internal data when exploring large language models (LLMs) because this contextual data is what enables LLMs to change from general-purpose to domain-specific knowledge. This may also entail working with new data through methods like web scraping or uploading.

Enterprise 72

Enterprise Data Integration Data Quality Contextual Data 72

IBM Big Data Hub

JANUARY 17, 2023

A data fabric architecture elevates the value of enterprise data by providing the right data, at the right time, regardless of where it resides. To simplify the process of becoming data-driven with a data fabric, we are focusing on the four most common entry points we see with data fabric journeys.

Data-driven 56

Data-driven Enterprise Data Governance Prescriptive Analytics 56

IBM Big Data Hub

OCTOBER 16, 2023

There have been calls in Europe to create a stronger European-based cloud infrastructure that can help better ensure data sovereignty within the EU’s member states. The Digital India Bill 2023 aims to replace India’s existing Information Technology Act of 2000 and provide comprehensive oversight of the digital landscape.

Cost-Benefit 66

Cost-Benefit Data Governance Risk Data-driven 66