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CIOs weigh where to place AI bets — and how to de-risk them

CIO Business Intelligence

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. This ensures that none of our sensitive data and intellectual property are availed to an outside provider.”

Risk 125
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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

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Automating Model Risk Compliance: Model Validation

DataRobot Blog

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.

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3 key digital transformation priorities for 2024

CIO Business Intelligence

Third, in the CDO Agenda: 2024: Navigating Data and Generative AI Frontiers , 57% of respondents haven’t changed their data environments to support generative AI. CIOs should look for other operational and risk management practices to complement transformation programs.

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10 things to watch out for with open source gen AI

CIO Business Intelligence

“If you have a data center that happens to have capacity, why pay someone else?” According to Synopsys’ open source security and risk analysis released in February, 96% of all commercial code bases contained open source components. It also focuses largely on risk and governance issues.

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Why you should care about debugging machine learning models

O'Reilly on Data

1] This includes C-suite executives, front-line data scientists, and risk, legal, and compliance personnel. These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. 6] Debugging may focus on a variety of failure modes (i.e.,

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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.