Remove 2023 Remove Optimization Remove Risk Remove Risk Management
article thumbnail

What is GRC? The rising importance of governance, risk, and compliance

CIO Business Intelligence

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 115
article thumbnail

Make data protection a 2023 competitive differentiator

IBM Big Data Hub

Keep reading to learn how investing in the right data protection supports and optimizes your brand image. They go to great lengths to integrate trust, transparency and risk management into the DNA of the company culture and the customer experience. A lot of organizations aren’t as mature in this area of data ethics.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 key digital transformation priorities for 2024

CIO Business Intelligence

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%

article thumbnail

Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

The challenges continue: one 2023 survey found 44% of companies had to make changes in the past year due to issues with their supply chain footprint, and 49% said supply chain disruptions had caused planning problems. To mitigate these risks , companies need the resources and technology to develop robust contingency plans.

article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

They also factor in how a strong partnership could reduce supply chain risk and advance sustainability. Such analysis and decision-making are often optimized with the help of various technologies, including artificial intelligence tools and data analytics platforms.

article thumbnail

How to minimize remote access cyber security threats in 2024

CIO Business Intelligence

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.

article thumbnail

Financial IT leaders prep for a quantum-fueled future

CIO Business Intelligence

Optimization problems, for which a whole chorus of variables must be fine-tuned and modulated, routinely plague financial firms, especially when it comes to highly engineered financial products such as those developed through quantitative analysis. Their work earned them a 2023 US CIO 100 Award for IT innovation and leadership.

IT 97