CIO Business Intelligence

MARCH 18, 2024

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. Covanta is also using AI to perform legal review on contracts, detecting and highlighting points of possible risk.

Risk 133

Risk Cost-Benefit Data Processing Testing 133

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. Using AI for certain business tasks or without guardrails in place may also not align with an organization’s core values.

Risk 79

Risk Modeling Management Metadata 79

CIO Business Intelligence

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Information and intelligence sharing : Requires businesses to engage in information sharing around cyber threats and vulnerabilities as they’re identified.

Risk Management 120

Risk Management Insurance Risk Testing 120

TDAN

MAY 16, 2023

Procurement is an essential function within any organization, involving the acquisition of goods and services necessary for business operations. Cybersecurity risks in procurement can result in significant financial loss, reputational damage, and legal liability. Therefore, it is crucial […]

Risk 52

Risk Technology Risk Management Data Architecture 52

Information Builders

APRIL 20, 2015

Today at the 2015 CEB Financial Services Technology Summit, Information Builders, a leader in business intelligence ( BI ) and analytics, information integrity, and integration solutions, announced a global partnership with Capital Markets Consulting to help banks, investment managers, and regulators facilitate improved data analysis and enable better (..)

Consulting 58

Consulting Risk Management Risk Marketing 58

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

CIO Business Intelligence

JUNE 23, 2023

It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%).

IT 98

IT Risk Management Risk Optimization 98

AWS Big Data

FEBRUARY 1, 2024

Regulators have placed an increased focus to both protect the consumer through transaction reporting (typically T+1, meaning 1 business day after the trade date) and increase transparency into markets via near-real-time trade reporting requirements. The query to generate this chart has similar performance metrics as the preceding chart.

Data Warehouse 119

Data Warehouse Dashboards Risk Management Risk 119

CIO Business Intelligence

JULY 26, 2023

While implementing effective strategies that harness automation and security technology remain critical, the most successful organizations tackle complex security challenges by involving different organizational disciplines in the risk-management problem statement. involved in the risk management process.

Enterprise 98

Enterprise Risk Management Risk Manufacturing 98

CIO Business Intelligence

SEPTEMBER 20, 2023

Risk Management: CISOs must assess and manage the risks posed by new technologies and changing threat landscapes. Employee Awareness: Effective employee training and awareness is critical in ensuring that staff are not unwittingly exposing the organization to cyber risks.

Digital Transformation 111

Digital Transformation Risk Management Risk Machine Learning 111

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. In addition, by adding verification technologies like device intelligence, AI models, and behavioral biometrics, IT organizations can further reduce the risk of first-party fraud.

Strategy 111

Strategy Risk Management Risk Measurement 111

CIO Business Intelligence

SEPTEMBER 14, 2023

“Generative AI represents the next generation of this technology, and we are currently working on several ways we can effectively leverage it — both in our products and in our business.” When you have to calculate risk, it works really well to spread it horizontally in the cloud,” Peterson says.

Risk Management 116

Risk Management Risk Marketing Cost-Benefit 116

CIO Business Intelligence

APRIL 5, 2024

This year, lawmakers in the state are considering Senate Bill 2 , which would require organizations deploying AI for consequential “high-risk” decisions to develop risk management policies. You really can’t understand your risk posture if you don’t understand what AI tools you’re using,” she says.

Risk 132

Risk Interactive Insurance Strategy 132

CIO Business Intelligence

MARCH 15, 2023

In reality, generative AI presents a number of new and transformed risks to the organization. A second, more pernicious risk is the fact that ChatGPT can write malware. It’s vitally important, of course – but it’s only one of the many risks CIOs must mitigate. Such is the nature of cybersecurity risk management.

Digital Transformation 126

Digital Transformation Risk Risk Management Strategy 126

CIO Business Intelligence

SEPTEMBER 7, 2023

Highlight benefits and risks Because company boards are tasked with overseeing corporate compliance and social responsibility as well as reviewing revenues, expenses, and operational and financial health, CIOs must continue to educate board members about both AI benefits and AI risks.

Risk 119

Risk Risk Management Management Technology 119

CIO Business Intelligence

JANUARY 19, 2024

While the original NIS1 Directive of 2016 was viewed as a major evolution in cybersecurity regulation, a lot has changed since then, particularly assumptions about the risk posed by an expanding range of cyberattacks. At that time, cybersecurity was seen primarily as a problem faced by individual organizations.

Digital Transformation 111

Digital Transformation Risk Risk Management Interactive 111

CIO Business Intelligence

MARCH 21, 2024

These include network management, help desk, establishing and enforcing policies related to information security and risk management, and several other IT functions. Besides, our businesses shouldn’t have to worry that outdated network equipment is putting their operation at risk.”

IT 111

IT Manufacturing Risk Management Risk 111

CIO Business Intelligence

JANUARY 12, 2024

In terms of the workforce required, Lukic said companies should be looking to hire data managers, data engineers, and legal and risk management staff with specific knowledge of generative AI, though this can be easier said than done. There’s very few legal folks who have expertise in this area,” he noted.

Risk Management 132

Risk Management Consulting Reporting Risk 132

CIO Business Intelligence

DECEMBER 19, 2023

Underpinning these initiatives are digital transformation core competencies , which include design thinking, product management, agile methodologies, devops practices, citizen development, and data governance. CIOs should look for other operational and risk management practices to complement transformation programs.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

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 124

Digital Transformation Risk Cost-Benefit Risk Management 124

IBM Big Data Hub

JUNE 29, 2023

By integrating financial planning with strategic and operational planning, organizations can evaluate financial profitability, identify potential gaps or risks, and make necessary adjustments to achieve financial targets. It enables a centralized repository of information and provides real-time visibility into the entire business.

Key Performance Indicator 86

Key Performance Indicator Forecasting Data Integration Sales 86

CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

DECEMBER 14, 2023

Risk management Manufacturing operations are inherently prone to risks and disruptions, such as cyber vulnerabilities, operational safety, and others. Generative AI can help mitigate these often serious risks.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

JANUARY 24, 2024

“In construction, our teams are managing the construction of hundreds of projects happening at any one time,” she says. Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” As a construction company, Gilbane is in the business of managing risk.

Risk Management 118

Risk Management Risk Management Digital Transformation 118

CIO Business Intelligence

JANUARY 11, 2024

Ensuring data integrity is part of a broader governance approach organizations will require to deploy and manage AI responsibly. Organizations across all industries are moving forward with pilots and production.

Enterprise 128

Enterprise Uncertainty Risk Management Reporting 128

CIO Business Intelligence

OCTOBER 17, 2022

In fact, under DORA, the complexity of the supply chain or the lack of EU presence are both considered risk factors. Financial institutions accustomed to a regulatory environment primarily designed to assess financial risk and stability will now have to take the potential risk posed by their ICT operations just as seriously.

Risk Management 105

Risk Management Risk Enterprise Testing 105

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain.

Manufacturing 98

Manufacturing Sales Risk Management Forecasting 98

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

Risk Management 116

Risk Management Internet of Things Risk IoT 116

CIO Business Intelligence

SEPTEMBER 7, 2023

Additionally, related issues during use are risk of hallucinations and prompt engineering. Bad actors have the potential to train AI to spot and exploit vulnerabilities in tech stacks or business systems. Keeping our AI approach interpretable and managing bias becomes crucial. Exploiting technology vulnerabilities.

Risk Management 98

Risk Management Risk Testing Digital Transformation 98

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

Modeling 95

Modeling Risk Management Internet of Things Risk 95

CIO Business Intelligence

NOVEMBER 3, 2023

When in the thick of running a complex RFP, we might ask what combinations of suppliers give the best savings and lowest risk,” says Blake. Automation elevates risk management, opportunity identification and effective relationship management. By automating repetitive tasks, difficult problems get more attention, too.

Digital Transformation 128

Digital Transformation Risk Management Risk Machine Learning 128

CIO Business Intelligence

JULY 8, 2022

The Open Group offers the TOGAF Business Architecture Level 1 certification, which focuses on validating your knowledge and understanding of business modeling, business capabilities, TOGAF business scenarios, information mapping, and value streams. Integrating Risk and Security Certification.

Risk Management 105

Risk Management Risk Enterprise Metadata 105

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Insufficient operational visibility.

IT 116

IT Risk Measurement Risk Management 116

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. What’s the answer to coping with the dynamic nature of risks? Cloud Management And the problem can’t be ignored.

Digital Transformation 97

Digital Transformation Risk Risk Management Data-driven 97