DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

Smart Data Collective

SEPTEMBER 13, 2023

Hosting Your Own Website and Network Businesses that want to enjoy full control over their IT infrastructure opt for setting up everything in-house. The main benefit of hosting your own website and managing your own network can provide immense control and flexibility over your digital content and infrastructure. Financial health.

IT 102

IT Cost-Benefit Data Processing Software 102

Smart Data Collective

OCTOBER 8, 2023

A growing number of companies are recognizing that they need to take proactive measures to help bolster their data security. Software companies are among those most heavily affected, so they are taking dramatic measures. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 109

Software IoT Risk Internet of Things 109

O'Reilly on Data

MAY 18, 2020

This article answers these questions, based on our combined experience as both a lawyer and a data scientist responding to cybersecurity incidents, crafting legal frameworks to manage the risks of AI, and building sophisticated interpretable models to mitigate risk. AI incidents, in other words, don’t require an external attacker.

Risk 359

Risk Modeling Data Processing Software 359

Smart Data Collective

APRIL 24, 2022

An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. To help administrators secure hosts consistently and efficiently, organizations should consider combining data security automation solutions with OS and application setup checklists.

Data Processing 124

Data Processing Risk Measurement IT 124

bridgei2i

APRIL 23, 2020

How much will the bank’s bottom line be impacted depends on a host of unknowns. The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Understanding & Managing Risks.

Risk 52

Risk Management Scorecard Forecasting 52

Smart Data Collective

SEPTEMBER 20, 2023

Let’s explore how IoT and Cloud Integration work hand in hand to power the future: Of course, there are a lot of risks associated with cloud computing. However, cloud platforms are continually investing in advanced security measures. However, there are far more benefits that cannot be overlooked.

IoT 121

IoT Internet of Things Cost-Benefit Manufacturing 121

CIO Business Intelligence

DECEMBER 21, 2023

By analyzing large volumes of clean data from various sources, such as network traffic logs and user behavior patterns, AI can correctly identify anomalies and potential security breaches that may go unnoticed by traditional security measures. 300% more early detection for malicious hosts.

Data-driven 105

Data-driven Risk Enterprise Cost-Benefit 105

CIO Business Intelligence

JULY 17, 2023

Cloud infrastructure is especially sensitive, as many critical applications are at risk, such as customer-facing applications. Good Dog Communications in Partnership with Verizon and Edgio recently hosted a webinar, “The Rise of Cloud Exploitation, ” that spoke directly to cyberthreats targeting web apps and security best practices.

Management 98

Management Data Processing Risk Digital Transformation 98

CIO Business Intelligence

APRIL 29, 2024

Request for solution A Request for Solution starts with the buyer coming to the table with background information, data, and characteristics of the existing environment, measurable outcomes, and an outline of the long-term vision. From the outset, a Request for Partner process emphasizes a long-term perspective.

Modeling 98

Modeling Data Processing Measurement Risk 98

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. Cybersecurity aims to stop malicious activities from happening by preventing unauthorized access and reducing risks.

Technology 94

Technology Risk Measurement IoT 94

IBM Big Data Hub

FEBRUARY 8, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important in investment decision-making over the years. In response, asset managers began to develop ESG strategies and metrics to measure the environmental and social impact of their investments.

Measurement 86

Measurement Metrics Reporting Strategy 86

Smart Data Collective

MARCH 7, 2021

There are a lot of ways companies are using new advances in machine learning and other data technologies to mitigate the risks of cyberattacks. Attackers target mostly small to medium companies because they don’t take enough preventive measures against cyberattacks. VPN & Secured Hosting. Limit Administrative Privileges.

Big Data 126

Big Data Insurance Data Processing Software 126

IBM Big Data Hub

FEBRUARY 22, 2024

We introduced IBM Cloud for Financial Services , which includes an ecosystem of partner banks including BNP Paribas and CaixaBank, to help clients as they work to mitigate risk, address regulations, navigate their compliance and accelerate cloud adoption. In just a few years, we have helped some of the world’s leading banks transform.

Enterprise 80

Enterprise Risk Data Processing Business Driver 80

IBM Big Data Hub

JANUARY 22, 2024

Processors also include third parties that process data on behalf of controllers, like a cloud storage service that hosts a phone number database for another business. Data privacy and protection measures The GDPR requires controllers and processors to take steps to prevent the misuse of personal data and protect data subjects from harm.

Measurement 89

Measurement Risk Data Processing Data Collection 89

Smart Data Collective

SEPTEMBER 30, 2022

While “the dark side” of anything certainly has a sinister ring to it, the many risks and dangers linked with big data are often overlooked and treated as minor issues. Breaches That Result in Obstruction of Privacy. Anonymity is Difficult to Acquire – It’s a Fugazi. Failure of Data Masking in a Big Data Environment.

Big Data 135

Big Data Data-driven Risk Measurement 135

Smart Data Collective

JULY 27, 2022

Data security of a software application is the set of security measures implemented to prevent unauthorized access while protecting the data from being lost or corrupted. Businesses should choose a reputable and reliable hosting provider to secure the data on servers. However, this also means you rely on the server’s security.

Software 115

Software Data Processing Measurement Risk 115

CIO Business Intelligence

FEBRUARY 7, 2023

The chat brought together a host of security consultants and practitioners who weren’t shy about weighing in with their thoughts on a series of questions around the main topic: how to remain secure during cloud migrations. Assess end to end risk/ #security , PIA, clearly define data ownership via #datagovernance. you own it.

Data Processing 119

Data Processing Risk Management Risk Consulting 119

IBM Big Data Hub

FEBRUARY 23, 2024

Create a recordkeeping system Organizations with more than 250 employees, and companies of any size that regularly process data or handle high-risk data, must keep written electronic records of their processing activities. Organizations can also host their privacy policies on public, easy-to-find pages on their websites.

Measurement 83

Measurement Risk Data Collection Data Processing 83

Smart Data Collective

AUGUST 30, 2022

It also allows companies to offload large amounts of data from their networks by hosting it on remote servers anywhere on the globe. The testing helps reduce the overall cost, time, and risk associated with building new hardware so companies can focus more on their core business functions. Multi-cloud computing.

Technology 134

Technology Enterprise Cost-Benefit Testing 134

IBM Big Data Hub

AUGUST 10, 2023

Whether they are providing personalized financial solutions catered to the specific needs of individual customers or transforming the hedge fund space with analytical tools to measure performance and risk data on a more real-time basis for clients, fintechs are leveraging the innovative technologies of AI and cloud.

Digital Transformation 70

Digital Transformation Risk Data Processing Data-driven 70

bridgei2i

MAY 27, 2021

In the latest episode of ‘The Data Strategy Show’, host Samir Sharma engages Prithvijit(Jit) Roy and Pritam K Paul, Co-Founders of BRIDGEi2i, in a riveting discussion. It’s also crucial for enterprises to plan for contingencies and take preventive measures to ensure biases do not creep into datasets after implementing algorithms into pilots.

Statistics 98

Statistics Digital Transformation Data Processing Forecasting 98

CIO Business Intelligence

OCTOBER 4, 2023

This also allows us to have the best in terms of global technology, fraud mitigation and prevention, and cybersecurity measures in all markets, all while complying with local regulations and compliance requirements.” These applications live on innumerable servers, yet some technology is hosted in the public cloud.

Digital Transformation 132

Digital Transformation Deep Learning Data Lake Risk 132

Cloudera

NOVEMBER 16, 2022

I recently had the privilege of attending the CDAO event in Boston hosted by Corinium. Some examples provided across the financial services and insurance sessions included: Related to the focus on business impacts were discussions on how to measure the value enabled by the data office. Are you playing offense or defense? Change agents.

Insurance 77

Insurance Cost-Benefit Metrics Measurement 77

CIO Business Intelligence

JULY 13, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 98

Insurance Risk Marketing Data Processing 98

IBM Big Data Hub

AUGUST 1, 2023

We are bringing the power of foundation models with the availability of a GPU as a service on IBM Cloud offering to help organizations tap into artificial intelligence (AI) in a secured environment while aiming to mitigate third- and fourth-party risk.

Digital Transformation 68

Digital Transformation Risk Data Processing Enterprise 68

Cloudera

FEBRUARY 23, 2023

Every day in the US thousands of legitimate prescriptions for the opioid class of pharmaceuticals are written to mitigate acute pain during post-operation recovery, chronic back and neck pain, and a host of other cases where patients experience moderate-to-severe discomfort.

Data Analytics 75

Data Analytics Analytics Data Processing Risk 75

IBM Big Data Hub

FEBRUARY 7, 2024

Investors, regulators and stakeholders are increasingly demanding that companies disclose their exposure to climate-related risks , such as dependence on fossil fuels or vulnerability to weather events. The goal is for there to be more nature by 2030 than there is today—which means taking actionable steps in 2024.

Reporting 99

Reporting Cost-Benefit Internet of Things Data-driven 99

erwin

MARCH 25, 2021

erwin recently hosted the second in its six-part webinar series on the practice of data governance and how to proactively deal with its complexities. Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We Strengthen data security.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

Cloudera

FEBRUARY 1, 2024

This is the stage where scalability becomes a reality, adapting to growing data and user demands while continuously fortifying security measures. Cloudera recommends taking backups before any maintenance activity or upgrade to mitigate risks and restore the environment as needed. How does Cloudera support Day 2 operations?

Optimization 81

Optimization Measurement Testing Publishing 81

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. In other words, UPS found that turning into oncoming traffic was causing a lot of delays, wasted fuel, and increased safety risk. Your Chance: Want to test a professional logistics analytics software?

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

OCTOBER 23, 2023

A poll of public and private sector leaders in the latest World Economic Forum’s Global Risk Report 2022 found that environment-related threats, including climate action failure and extreme weather events, topped the lists of short and long-term global risks.

Strategy 104

Strategy Risk Data Processing Finance 104

CIO Business Intelligence

JANUARY 18, 2024

Key skills and experiences for landing a new CIO gig in 2024 As to the recruiting basics for CIOs in 2024, new candidates can expect a host of top trends vying for their attention. Technical vision: Planning, deploying, measuring, optimizing, and scaling for current and future state capacities is essential in today’s disruptive IT landscape.

IT 126

IT Data-driven Marketing Technology 126

IBM Big Data Hub

JANUARY 10, 2024

More specifically, confidential computing uses hardware-based security-rich enclaves to allow a tenant to host workloads and data on untrusted infrastructure while ensuring that their workloads and data cannot be read or modified by anyone with privileged access to that infrastructure.

Data Processing 78

Data Processing Risk Modeling Cost-Benefit 78

IBM Big Data Hub

DECEMBER 18, 2023

Migrating a mission-critical system like authoritative DNS is always going to involve some amount of risk. Unfortunately, many network admins use this risk potential as a reason to continue using an authoritative DNS service that no longer adds business value. The risk is manageable.

Risk 78

Risk Metrics Optimization Testing 78

Cloudera

JUNE 22, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 82

Insurance Risk Marketing Data Processing 82

IBM Big Data Hub

FEBRUARY 5, 2024

Though it can deliver many benefits, a migration project poses some risks to an organization and presents a unique set of challenges. Data security and compliance risks There is security risk involved with any transfer of information, including when moving data to and from cloud platforms.

Management 70

Management Cost-Benefit Strategy Risk 70