IBM Big Data Hub

JANUARY 19, 2023

They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience. To do this, organizations must lean into data privacy programs that build transparency and risk management into everyday workflows.

Risk Management 62

Risk Management Risk Strategy Data Strategy 62

CIO Business Intelligence

APRIL 27, 2023

And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. increase from 2021. increase from 2021.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JUNE 26, 2023

That’s when it moved from being opportunistic to very purposeful,” says Meyercord, who after a search for the right fit took over the CEO reins last November at Propel Software, a SaaS provider of engineering and product management software. “I Neal Sample A transferable skill set Meyercord would certainly make that case.

IT 120

IT Software Consulting Digital Transformation 120

CIO Business Intelligence

APRIL 5, 2024

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

Risk 132

Risk Interactive Insurance Strategy 132

CIO Business Intelligence

AUGUST 23, 2023

To do so, they explored the optimization problem of “cardinality constraints” and developed a hybrid quantum-classical approach to financial index tracking portfolios that maximizes returns and minimizes risk. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

IT 97

IT Machine Learning Risk Optimization 97

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 115

Risk Risk Management Strategy Enterprise 115

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. Within the last decade, cybersecurity breaches have been on the rise as one of the biggest risks for companies of all industries and verticals. million, representing a 15.3%

Risk Management 81

Risk Management Risk Reporting Management 81

CIO Business Intelligence

JULY 18, 2023

CIO.com’s 2023 State of the CIO survey recently zeroed in on the technology roles that IT leaders find the most difficult to fill, with cybersecurity, data science and analytics, and AI topping the list. As technology continues to advance at a rapid pace, the demand for qualified individuals has soared,” Chan says.

IT 98

IT Data Science IoT Digital Transformation 98

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

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 92

Risk Enterprise Digital Transformation Risk Management 92

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

SEPTEMBER 7, 2023

Still, a 2023 McKinsey report corroborated this need for boards to be briefed on AI, finding that while 33% of businesses were already using AI and 40% were planning to aggressively invest in it, only 25% had AI on their board agendas. “They said they did not know what questions to ask,” the survey concluded. How do you prevent that?

Risk 120

Risk Risk Management Management Technology 120

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 Companies can use weather data to help write damage assessment reports, guide risk assessors on location and identify insurance claims fraud.

Insurance 95

Insurance Forecasting Risk Risk Management 95

IBM Big Data Hub

FEBRUARY 19, 2024

In today’s complex global business environment, effective supply chain management (SCM) is crucial for maintaining a competitive advantage. Why supply chain management matters Supply chain management involves coordinating and managing all the activities involved in sourcing , procurement, conversion and logistics.

Strategy 88

Strategy Management Forecasting Cost-Benefit 88

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks. Respond to threats quickly.

Digital Transformation 125

Digital Transformation Risk Cost-Benefit Risk Management 125

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. When should I use it?

Strategy 98

Strategy Risk Enterprise Risk Management 98

IBM Big Data Hub

DECEMBER 4, 2023

The Board recently published its point of view on foundation models addressing the risks that generative AI poses. Its toolkit automates risk management, monitors models for bias and drift, captures model metadata and facilitates collaborative, organization-wide compliance. and/or its affiliates in the U.S. All rights reserved.

Consulting 82

Consulting Risk Metadata Risk Management 82

IBM Big Data Hub

JANUARY 16, 2024

Listen: The Art of AI featuring a Financial Industry perspective with Citigroup Trend: Generative AI One of the, if not the, biggest technological advancements made in 2023 was generative AI. More organizations will likely be transitioning to hybrid cloud models for their workloads and to further manage and conduct compliance tasks.

Risk Management 51

Risk Management Insurance Cost-Benefit Risk 51

IBM Big Data Hub

FEBRUARY 13, 2024

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. In fact, in a 2022 survey , 73% of consumers said that traceability is important to them. And from that group, 71% would pay a premium for it.

Cost-Benefit 86

Cost-Benefit Scorecard Risk Recreation/Entertainment 86

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 85

Risk Management Risk Management Measurement 85

IBM Big Data Hub

SEPTEMBER 15, 2023

These disclosures will need to be filed as part of the company annual 10-K statements, potentially as soon as the 2024 fiscal year if the final ruling is published by October 2023 as currently expected. In many of these cases, the outcome could be no assurance to limited assurance and then reasonable assurance over time.

Risk 80

Risk Reporting Data-driven Publishing 80

CIO Business Intelligence

SEPTEMBER 20, 2023

Now Assist for IT Service Management, Customer Service Management, and HR Service Delivery add new text creation and summarization features and an interactive chatbot interface to help workers get to relevant information more quickly. The Vancouver release of Now Platform also includes new automations and security tools. “As

Cost-Benefit 112

Cost-Benefit Software Finance Interactive 112

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 66

Insurance Risk Strategy Risk Management 66

Jet Global

AUGUST 28, 2023

29, 2023 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today announced it acquired Vizlib , a UK-based software company that builds powerful value-added products for Qlik Sense.

Dashboards 75

Dashboards Visualization Finance Data Quality 75

CIO Business Intelligence

MAY 15, 2024

According to Stanford’s AI Index Report, released in April, 149 foundation models were released in 2023, two-thirds of them open source. It seems anyone can make an AI model these days. Even if you don’t have the training data or programming chops, you can take your favorite open source model, tweak it, and release it under a new name.

Modeling 69

Modeling Risk Software Enterprise 69

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.), That’s EVERYTHING except the hyper-scale management plane. BrendenBosch Except it is not fine print. you own it.

Data Processing 120

Data Processing Risk Management Risk Consulting 120

IBM Big Data Hub

JUNE 23, 2023

It suggests that organizations prioritize which F&A use cases should be augmented with their new foundation models, balancing across precision, risk, F&A stakeholder expectations and return on investment (ROI). Risk management and controls are an imperative in F&A. Apply the controllership lens.

Finance 61

Finance Consulting Data-driven Risk 61

Smart Data Collective

MAY 25, 2023

With a cybersecurity plan, businesses understand risks well and can enable proactive protection while ensuring prompt responses to cyberattacks. It aims at mitigating or preventing harm to your business and its stakeholders while minimizing human cyber risk. A firewall helps your business block inappropriate sites and phishing emails.

Internet of Things 92

Internet of Things Cost-Benefit Risk Software 92

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. Cyber resilience is a component of operational resilience. In the U.S.,

Cost-Benefit 81

Cost-Benefit Testing Strategy Risk Management 81

CIO Business Intelligence

DECEMBER 29, 2023

Adaptability and useability of AI tools For CIOs, 2023 was the year of cautious experimentation for AI tools. While there remains a lot we don’t fully understand about AI, including its associated risks, there are many opportunities to take advantage of moving forward in business and life,” he says.

Cost-Benefit 140

Cost-Benefit Digital Transformation Consulting Strategy 140

CIO Business Intelligence

APRIL 22, 2024

L’ultimo Rapporto Clusit ha contato 2.779 incidenti gravi a livello globale nel 2023 (+12% rispetto al 2022), di cui 310 in Italia, ovvero l’11% del totale mondiale e un incremento addirittura del 65% in un anno. Questi requisiti sono suddivisi in tre macroaree: governance, risk management e controllo della catena di fornitura.

Data Lake 106

Data Lake Testing Management IoT 106

IBM Big Data Hub

DECEMBER 15, 2023

While open-source AI offers enticing possibilities, its free accessibility poses risks that organizations must navigate carefully. The transformative power of open-source AI Despite the risks, open-source AI continues to grow in popularity. Morgan’s Athena uses Python-based open-source AI to innovate risk management.

Deep Learning 72

Deep Learning Experimentation Machine Learning Risk 72

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 122

IT Digital Transformation ROI Strategy 122

IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 95

Cost-Benefit Risk Enterprise Advertising 95

CIO Business Intelligence

JULY 7, 2023

She currently serves on the board of directors of the IT Senior Management Forum (ITSMF) and has held executive board positions at the National Society of Black Engineers (NSBE), Washington DC Metro Area Chapter. How does the NACD help its members prepare for and manage cyber risk? That was important to me in the next role.

Risk 116

Risk Finance Technology Strategy 116

IBM Big Data Hub

NOVEMBER 28, 2022

Metadata management performs a critical role within the modern data management stack. However, as data volumes continue to grow, manual approaches to metadata management are sub-optimal and can result in missed opportunities. This puts into perspective the role of active metadata management. Regulatory and compliance.

Metadata 57

Metadata Data Quality Data-driven Data Governance 57