IBM Big Data Hub

OCTOBER 23, 2023

1] Managing complex business operations across a hybrid multicloud environment presents leaders with unique challenges, not least of which are cyberthreats that can bring essential business functions to a halt—potentially for days, weeks or months. 2] Cost of a Data Breach Report 2023 , IBM Security®, July 2023. [3]

Risk 86

Risk Strategy Risk Management Digital Transformation 86

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?

Risk Management 76

Risk Management Risk Testing Management 76

IBM Big Data Hub

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk Management 74

Risk Management Risk Metrics Machine Learning 74

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 79

Reporting Consulting Risk Metrics 79

CIO Business Intelligence

MARCH 4, 2024

Globally, 2023 was a challenging year for organisations looking to stay one step ahead of cyber criminals. In a stark warning, Tanium’s Cybersecurity in Europe report spells out the current threat level in no uncertain terms. “[Across Europe] we are seeing breaches in all industries, from airlines to retail, from banking to manufacturing.

Manufacturing 109

Manufacturing Risk Reporting Risk Management 109

Jet Global

JULY 28, 2023

Understanding evolving market conditions and consumer behaviors in EMEA remains crucial for capitalizing on emerging opportunities and mitigating risks in this dynamic and competitive landscape. According to Robert Half , 91% of CFOs in the EMEA region reported facing challenges in finding skilled finance professionals.

Finance 52

Finance Uncertainty Reporting Forecasting 52

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 75

Risk Management Risk Reporting Management 75

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage.

Risk 90

Risk Risk Management Strategy Enterprise 90

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 86

Insurance Data Architecture Risk Management Risk 86

IBM Big Data Hub

MAY 28, 2024

Together, these comprehensive approaches not only deter threat actors but also standardize the management of sensitive data and corporate information security and limit any business operations lost to downtime. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45

Strategy 72

Strategy Measurement Risk Cost-Benefit 72

CIO Business Intelligence

SEPTEMBER 20, 2023

Data Management: CIOs are focused on effectively managing and leveraging the massive amounts of data generated by digital businesses. 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.

Digital Transformation 95

Digital Transformation Risk Management Risk Machine Learning 95

IBM Big Data Hub

APRIL 21, 2023

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. This move aims to achieve more complete and transparent sustainability reporting across the region. CSRD on track to enter into force in 2024.

Reporting 43

Reporting Metrics Risk Strategy 43

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. billion by 2023 (see figure below). billion by 2023 (see figure below). These new digital products and services create a host of new risks that require IRM technology.

Marketing 80

Marketing Risk Management Digital Transformation Risk 80

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. More and more security professionals are recognizing the risk of shadow data. In fact, 93% of security professionals surveyed in 2023 are concerned about it.

Management 52

Management Risk Risk Management Data Processing 52

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

IBM Big Data Hub

APRIL 3, 2024

In California, for example, legislation passed in late 2023 requires Scope 3 emissions disclosures, while the European Union’s Corporate Sustainability Reporting Directive —which mandates disclosures on a range of sustainability issues—was adopted earlier in the year. How can IBM help?

Risk 53

Risk Gap analysis Reporting Risk Management 53

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 84

Risk Enterprise Digital Transformation Risk Management 84

CIO Business Intelligence

MARCH 20, 2024

In Accenture’s Technology Vision 2024 report , we explore how leading businesses have kick-started a race toward a new era of value and capability, and their strategies are underpinned by the common thread that technology is becoming more human. In 2023, only 5% of enterprises trained their entire workforce to work with gen AI.

IT 115

IT Strategy Enterprise Technology 115

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 112

Digital Transformation Risk Cost-Benefit Risk Management 112

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 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 parallel, the U.S.

Risk 74

Risk Reporting Data-driven Publishing 74

CIO Business Intelligence

APRIL 15, 2024

More recently, his charter has expanded into helping the organization formulate business strategy and leading change management efforts to reinvent the 175-year company as a digital trailblazer in its field. For IT leaders like Mehta, it’s about more than doing IT projects right, but rather leading the business to the right projects.

Digital Transformation 119

Digital Transformation Strategy Technology Enterprise 119

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 might need to overhaul their risk assessment and portfolio management practices to include climate risk and opportunity.

Insurance 88

Insurance Forecasting Risk Risk Management 88

CIO Business Intelligence

DECEMBER 6, 2023

Confusing and badly written content created by generative AI is already showing up in business contexts, with conference biographies, blog posts and slide decks that might sound impressive but make no sense being signed off by managers who should know better.

IT 125

IT Risk Management Interactive Modeling 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.

Strategy 91

Strategy Risk Enterprise Risk Management 91

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.

Risk 104

Risk Risk Management Management Technology 104

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 86

Marketing Analytics Visualization Strategy 86

CIO Business Intelligence

APRIL 27, 2023

The past year was rough for the tech industry, with several companies reporting layoffs and the looming threat of a recession. 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. as of January. increase from 2021.

IT 109

IT Software Risk Management 109

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 67

Cost-Benefit Risk Digital Transformation Risk Management 67

Jet Global

JANUARY 24, 2022

This will ensure that multinational enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023. Countries are aiming to sign a multilateral convention during 2022, with effective implementation in 2023. Managing reputational risk by being more open about tax policies will consequently become ever more important.

Management 52

Management Recreation/Entertainment Finance Forecasting 52

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. And there’s work happening in this area, such as the ISO/IEC 42001 standard for AI management systems, released in December last year. And there are an insane number of variants.

Modeling 129

Modeling Risk Software Enterprise 129

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. In the U.S., the average cost of a data breach was at its highest, reaching $9.48M.

Cost-Benefit 75

Cost-Benefit Testing Strategy Risk Management 75

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. In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. Other reports also highlight the strong CEO interest in AI.

IT 121

IT Digital Transformation ROI Strategy 121

Jet Global

NOVEMBER 29, 2023

insightsoftware is thrilled to be recognized as a Niche Player in the 2023 Gartner Magic Quadrant (MQ) for Financial Close and Consolidation Solutions (FCCS). Gartner sets a notoriously high bar for inclusion in its MQ reports. Optional capabilities include financial reporting risk management and disclosure management.

Reporting 52

Reporting Marketing Software Management 52

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 60

Insurance Risk Strategy Risk Management 60

IBM Big Data Hub

JUNE 23, 2023

A recent report published by IBM’s Institute for Business Value (IBV) specifies key actions in response to one of seven bets proposed. A human layer of validation and a final sign-off on every transaction or report generated will be key. Risk management and controls are an imperative in F&A.

Finance 57

Finance Consulting Data-driven Risk 57

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. Cloud Management, Cloud Security, Security

Data Processing 102

Data Processing Risk Management Risk Consulting 102

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. For the immediate future, Lovelock says, budget issues will be, if not completely stable, at least manageable.

IT 131

IT Insurance Cost-Benefit Risk Management 131