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Is Your Business Prepared to Recover from a Cyber Event?

CIO Business Intelligence

The question is: are you prepared to recover from a cyber event? As cyber threats increase in frequency and sophistication, most businesses will eventually fall prey to a cyber event, despite their best efforts. The longer it takes to recover, the more it will cost. Swift recovery is paramount to minimizing damage.

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AI Helps Mitigate These 5 Major Supplier Risks

Smart Data Collective

The benefits of AI stem from the need to manage close relationships with business stakeholders, which is a difficult task. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk.

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The Value of Data Governance and How to Quantify It

erwin

And with many competing projects and activities vying for people’s time, it must be clear to people why choosing data governance activities will have a direct benefit to them. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We

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Data protection strategy: Key components and best practices

IBM Big Data Hub

According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 These data breaches can cost their victims in many ways. Data risk management To protect their data, organizations first need to know their risks.

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Inside Nasdaq’s AI-fueled pivot to SaaS provider

CIO Business Intelligence

As exchanges were modernizing, they looked at the cost benefit and realized it was better to buy Nasdaq’s technology,” Peterson says. When you have to calculate risk, it works really well to spread it horizontally in the cloud,” Peterson says. The company, which reported net revenues of $3.6 Not just the technology group.”

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4 strategic sourcing use cases to strengthen your supply chain

IBM Big Data Hub

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. The benefits of strategic sourcing are vast, ranging from overall supply chain process optimization to more cost-effective, long-term relationships with partners.

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Why Data Center Colocation Is The Answer To Your Data Growth

Smart Data Collective

When you decide to relocate or broaden your data center, you need to take into account the costs, operational capability, and security. Benefits Of Data Center Colocation. Risk Management. This is probably the second most adored benefit of data center colocation solutions.