2023 Forecasting Reporting Risk Management 
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 Firms can also reduce their investment risk by using weather and climate data to make investment decisions. These climate events have a huge potential impact on financial institutions.
John Wheeler
JANUARY 30, 2020
2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. As a result, IRM technology and services market forecast for 2020 is $7.3 billion by 2023 (see figure below). billion by 2023 (see figure below).
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CIO Business Intelligence
DECEMBER 21, 2023
According to Verizon’s 2023 Data Breach Investigation Report (DBIR), the transportation industry as a whole was breached 249 times with 349 incidents reported. This update insinuates that the PCI SSC will be placing greater emphasis on vendor risk management when PCI DSS v4.0 becomes the only Standard available.
IBM Big Data Hub
FEBRUARY 15, 2024
It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Consider investor expectations around net-zero targets.
CIO Business Intelligence
DECEMBER 7, 2022
Gartner predicts 2023 IT spending will grow 5.1% We haven’t changed our forecast in three quarters,” he says, noting that the US gross domestic product (GDP) is, technically, already in recession territory and has been for the past six months. Focus on risk management, he advises, and “have a little faith in your CFO and CEO.
IBM Big Data Hub
JANUARY 30, 2024
According to a recent forecast from Gartner (link resides outside ibm.com) worldwide end-user spending on public cloud services is expected to grow 20.4% billion in 2023. According to an International Data Corporation (IDC) report (link resides outside ibm.com), worldwide spending on public cloud provider services will reach $1.35
CIO Business Intelligence
APRIL 15, 2024
A smaller number (16% of IT leaders and 11% of LOB) sought out CIO consultation to help evaluate and advise on choices using a risk management or governance lens. On average, companies are reporting a 17% budget hike, slightly more than the 15% reported in the prior two years.
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