article thumbnail

How to Gain Greater Confidence in your Climate Risk Models

Cloudera

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” The climate risk model makes robust scenarios possible. Assess Variables.

Risk 80
article thumbnail

What to Do When AI Fails

O'Reilly on Data

Materiality is a widely used concept in the world of model risk management , a regulatory field that governs how financial institutions document, test, and monitor the models they deploy. Earlier this month, the FTC even published specific guidelines related to AI , hinting at enforcement actions to come.

Risk 361
Insiders

Sign Up for our Newsletter

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

article thumbnail

The history of ESG: A journey towards sustainable investing

IBM Big Data Hub

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

article thumbnail

3 Top Email Security Practices to Prevent a Data Breach

Smart Data Collective

Although the threat hovers over every company, highly regulated industries, like legal, finance, education, healthcare, and publishing industry suffer the most amount of damage followed by a cybersecurity breach. In case you didn’t know, PEI is one of the leading managed IT service providers that cater to businesses of all sizes.

article thumbnail

Themes and Conferences per Pacoid, Episode 8

Domino Data Lab

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Fun fact : I co-founded an e-commerce company (realistically, a mail-order catalog hosted online) in December 1992 using one of those internetworking applications called Gopher , which was vaguely popular at the time.

article thumbnail

Can Biden’s Executive Order Secure the Software Supply Chain?

CIO Business Intelligence

And the federal Cyber Information Security Agency hosted a virtual conference titled SBOM-a-Rama on Dec. 15 and 16, 2021, in which SBOMs were described as “a key building block in software security and software supply chain risk management.”. Any company that wants to sell to the feds needs to prepare for its arrival.

Software 122
article thumbnail

Top Takeaways from the Gartner® Innovation Insight: Data Security Posture Management

Laminar Security

Gartner has recently published a new piece emphasizing the importance of data security posture management (DSPM) in addressing the challenges of rapid data proliferation in the cloud, Gartner Innovation Insight: Data Security Posture Management.