IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

IBM Big Data Hub

MAY 31, 2024

At both gatherings, participants emphasized the importance of effective governance and risk management. Responsible AI services improve taxpayer experiences According to the FTA’s Tax Administration 2023 report, 85% of individual taxpayers and 90% of businesses now file taxes digitally. What’s next?

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. What is GRC? GRC is overarching. Why is GRC important?

Risk 113

Risk Risk Management Strategy Enterprise 113

CIO Business Intelligence

JULY 6, 2023

Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

AUGUST 4, 2023

This has served us well for many years, but the time has come where we need to step up the risk management mindset, including R&D and innovation-related projects, due to technology’s increasing rate of adoption, scale, and impact. What’s an acceptable level of risk when it comes to cybersecurity, society, and opportunity?

Risk 98

Risk Risk Management ROI Technology 98

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. Respond to threats quickly.

Digital Transformation 123

Digital Transformation Risk Cost-Benefit Risk Management 123

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 90

Internet of Things Cost-Benefit Risk Software 90

CIO Business Intelligence

FEBRUARY 7, 2023

benrothke Wayne Anderson, a security and risk management leader at Microsoft, offered his “personal guide to cloud security shared responsibility”: If it’s in your interface (compute, network, FW, DB, identity etc.), It’s a timely topic given the rapid cloud migration currently underway. BrendenBosch Except it is not fine print.

Data Processing 117

Data Processing Risk Management Risk Consulting 117

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

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 “If we act now,” IPCC Chair Hoesung Lee said in a 2023 statement , “we can still secure a livable sustainable future for all.”

Insurance 59

Insurance Risk Statistics Strategy 59

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 76

Risk Management Risk Management Measurement 76

Cloudera

MARCH 25, 2021

Virginia’s law will go into effect on January 1, 2023. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. It won’t matter if you can collect social media data or geo location data, images, etc.

Data Strategy 68

Data Strategy Strategy Enterprise Insurance 68

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. She wants the cheapest price with the least number of layovers. she wonders. The PCI DSS v4.0, However, this isn’t enough. The newly-updated PCI DSS v4.0

Measurement 52

Measurement Risk Management Risk Management 52

CIO Business Intelligence

MAY 13, 2024

It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. I believe we’re in a post-alignment world.

IT 130

IT Digital Transformation ROI Strategy 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 130

IT Risk Optimization Technology 130

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Machine Learning 56

Machine Learning Risk Risk Management Measurement 56

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. Well, sort of.

Insurance 92

Insurance Data Architecture Risk Management Risk 92

CIO Business Intelligence

MARCH 4, 2024

Globally, 2023 was a challenging year for organisations looking to stay one step ahead of cyber criminals. Spending on cybersecurity is increasing — because breaches are costing more — and that means organisations have to dig deeper to take the necessary preventive measures to counter them. With AEM costs and risks are reduced.

Manufacturing 125

Manufacturing Risk Reporting Risk Management 125

CIO Business Intelligence

OCTOBER 15, 2024

It may surprise you, but DevOps has been around for nearly two decades. Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

JULY 10, 2024

And as gen AI is deployed by more companies, especially for high-risk, public-facing use cases, we’re likely to see more examples like this. The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year.

Enterprise 135

Enterprise Risk Modeling Risk Management 135

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.

Reporting 78

Reporting Consulting Risk Metrics 78

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. Dataset For this analysis, we used the LSEG Tick History – PCAP OPRA dataset from May 17, 2023.

Marketing 94

Marketing Analytics Visualization Strategy 94

Octopai

JUNE 16, 2021

The excessive financial risk-taking engaged in by banks on the eve of the 2007-2009 financial recession prompted new regulations to strengthen the supervision, regulation and risk management of banks. The Basel III framework, as well as Basel IV, call for regulation changes in multiple areas, including: Credit risk.

Management 52

Management Risk Management Risk Visualization 52

CIO Business Intelligence

SEPTEMBER 26, 2023

Requirements for implementing Zero Trust In July 2021, the Biden administration issued an executive order outlining several cybersecurity measures that federal agencies and contractors must implement. This policy should include guidelines for employee training, incident response, and risk management.

Cost-Benefit 140

Cost-Benefit Measurement Risk Risk Management 140

Cloudera

AUGUST 21, 2021

Financial institutions need a data management platform that can keep pace with their digital transformation efforts. It provides direction for a robust business strategy that has taken into account risks and ways to manage them. Addressing new customers and markets. The need for speed.

Data-driven 106

Data-driven Digital Transformation Risk Risk Management 106

IBM Big Data Hub

JANUARY 30, 2024

billion in 2023. Data silos: With data spread across multiple clouds and platforms, an organization risks creating data silos. Security risks: Maintaining strong security measures is a critical component of enterprise cloud adoption. to total $678.8 billion in 2024, up from $563.6

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. Cypago delivers ongoing visibility into all the organization’s tools, applications, and models, while automating many processes needed for effective risk assessment and threat detection.

Risk Management 116

Risk Management Cost-Benefit Risk Measurement 116

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. Awareness of shadow data and the importance of DSPM to discover and combat the risk of this previously unknown data is growing at an almost unprecedented rate.

Management 52

Management Risk Risk Management Data Processing 52

Cloudera

NOVEMBER 30, 2023

Given the resulting hype, not to mention the exponentially increasing value proposition to help drive innovation and advance government agency missions, President Biden’s October 2023 Executive Order on the Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence was very timely.

Risk Management 83

Risk Management Risk Strategy Measurement 83

Jet Global

JUNE 21, 2021

A number of approaches are currently being proposed, underpinned by the need of governments worldwide to recoup funds in the wake of business assistance programs necessitated by the pandemic, including one that features measures as revolutionary as a common basic tax rate for every nation. Read how to elevate tax to a strategic function.

Recreation/Entertainment 98

Recreation/Entertainment Digital Transformation Finance Reporting 98