DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

Smart Data Collective

FEBRUARY 14, 2023

However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. Furthermore, cloud-based software is constantly updated so users don’t have to worry about downloading updates or patching security flaws on their own devices.

Risk 97

Risk Cost-Benefit Software Technology 97

DataRobot

OCTOBER 22, 2021

Their increased usage has also led to new challenges related to compliance, misuse, and fraud risk. This can be accomplished by providing stronger accountability, increased productivity, and transparency into spending and risk management. Additionally, more than 1000 hours can be saved on risk transaction reviews each year.

Risk 98

Risk Risk Management Data-driven Management 98

erwin

FEBRUARY 12, 2021

Managing an organization’s governance, risk and compliance (GRC) via its enterprise and business architectures means managing them against business processes (BP). Governance, risk and compliance are treated as isolated bubbles. Data-related risks are not connected with the data architects/data scientists.

Risk 98

Risk Slice and Dice Management Enterprise 98

Smart Data Collective

DECEMBER 17, 2021

However, how we connect online can be both highly beneficial (such as fast 5G speeds) and expose us to risks that we were unaware of in the first place. This exposure can lead to some serious risks for your customer’s information as well as your business. million in online sales. Think about it this way.

Risk 100

Risk Statistics Sales Software 100

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

bridgei2i

JANUARY 17, 2021

Case study: Emerging Risk Identification for Personal Lines Insurance. The client, a global insurance leader, wanted to identify emerging risks, associated drivers & trends by analyzing various external data sources including medical journals, legal opinion blogs, newsfeed & social media. Download the case study!

Insurance 52

Insurance Risk Interactive Enterprise 52

Laminar Security

JUNE 29, 2023

Using a risk-based approach to deal with policy violations and continuous compliance monitoring will help avoid data exposures and fines. Organizations risk significantly increasing public cloud data risks if they don’t take necessary steps to improve its security. Public cloud spending and adoption is growing fast.

Risk 52

Risk Big Data Testing Management 52

DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. Ongoing model monitoring is an essential component of a sound model risk management practice. Conclusion.

Risk 59

Risk Modeling Metrics Measurement 59

Jet Global

OCTOBER 16, 2019

Our team at insightsoftware has created a free downloadable template illustrating what a best-in-class dashboard looks like. Traditionally, metrics come from the cash flow statement, which makes the information easy to find, but also creates the risk of outdated insights.

Dashboards 58

Dashboards Key Performance Indicator Metrics Measurement 58

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. Conclusion.

Risk 52

Risk Modeling Metrics Business Objectives 52

Cloudera

MARCH 28, 2019

After reading about a new mortgage lender on social media, he had downloaded its app and applied online. That may have been the case, but even after sharp declines in property values in the crisis, mortgage lenders persistently fail to track individual agent (in this case, borrower) behaviors resulting in increase mortgage risk.

Risk 73

Risk Management Risk Management Machine Learning 73

DataRobot Blog

JUNE 3, 2022

To understand the capabilities and address the risks of AI, all of us – developers, policy-makers, end-users, bystanders – must have a shared understanding of what AI is, how it can be applied to the benefit of humanity, and the risks involved when implementing it without guardrails in place to mitigate bias and harm. Download now.

Risk 52

Risk Predictive Modeling Modeling Technology 52

Jet Global

JANUARY 20, 2020

Primarily because it gives companies a clear indication of their risk exposure as they move forward in an uncertain economy. Becoming overleveraged with debt raises the risk of insolvency because of the heavy repayment burden. The post Track Debt-to-Equity Ratio for Better Understanding of Risk appeared first on insightsoftware.

Risk 80

Risk Metrics Snapshot Dashboards 80

bridgei2i

JUNE 25, 2020

Case study: Supply Risk Assessment due to COVID-19 crisis for a Health Tech firm. Further, they wanted to identify risks that would affect the supply of finished goods. Further, they wanted to identify risks that would affect the supply of finished goods. Download the case study! Business Context.

Risk 52

Risk Sales Enterprise Technology 52

KDnuggets

SEPTEMBER 20, 2019

This white paper provides the first-ever standard for managing risk in AI and ML, focusing on both practical processes and technical best practices “beyond explainability” alone. Download now.

Risk 49

Risk Machine Learning Management Modeling 49

CIO Business Intelligence

JANUARY 4, 2024

” We can’t forget every CISO’s favorite: “ How much will this reduce our cybersecurity risk? ” Get those in place, and you’ll reduce risks, build momentum, and gain buy-in for your cyber program. People download applications or access SaaS tools that IT doesn’t even know about, typically known as shadow IT.

Testing 135

Testing Risk Strategy Management 135

CIO Business Intelligence

APRIL 5, 2024

The EU and US want to foster scientific information exchange between AI experts on either side of the Atlantic in areas such as developing benchmarks and assessing potential risks. The emphasis is on developing “safe, secure, and trustworthy” AI technologies.

Risk 130

Risk Testing Consulting Machine Learning 130

CIO Business Intelligence

OCTOBER 24, 2023

But in the rush to adopt, they are putting themselves at risk. Some of these risks are accidental. The importance of policy Protecting the enterprise from potential generative AI cybersecurity risks doesn’t start with technology. To learn more about Generative AI and cybersecurity: download the whitepaper.

Risk 136

Risk Enterprise Machine Learning Technology 136

Jet Global

DECEMBER 8, 2020

A full Power BI implementation is a large-scale project, and it carries similar risks. If you are considering using Power BI in your organization, here are some key points to keep in mind that impact project risk: 1. Power BI Without the Risk. Power BI Is Highly Complex. That’s a relatively straightforward proposition.

Finance 52

Finance Risk Reporting Software 52

CIO Business Intelligence

OCTOBER 16, 2023

PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Security and compliance teams can also download the 2023 Payment Security Report insights for information on advanced PCI security program management and design. To these organizations, compliance with PCI DSS v4.0

Gap analysis 128

Gap analysis Consulting Risk Measurement 128

Smart Data Collective

FEBRUARY 14, 2023

It’s seemingly compulsory for most developers to build mobile versions of their applications or risk losing millions of potential users. Efficiency You don’t need to download any app that’ll take up storage space on your device when you can access the platform directly from your browser.

Risk 114

Risk Technology Optimization Machine Learning 114

CIO Business Intelligence

OCTOBER 25, 2023

Zscaler Enterprises will work to secure AI/ML applications to stay ahead of risk Our research also found that as enterprises adopt AI/ML tools, subsequent transactions undergo significant scrutiny. In all likelihood, we will see other industries take their lead to ensure that enterprises can minimize the risks associated with AI and ML tools.

Enterprise 133

Enterprise Risk Manufacturing Finance 133

O'Reilly on Data

MARCH 26, 2024

It’s ironic that, in this article, we didn’t reproduce the images from Marcus’ article because we didn’t want to risk violating copyright—a risk that Midjourney apparently ignores and perhaps a risk that even IEEE and the authors took on!)

Modeling 275

Modeling Machine Learning Risk Advertising 275

Smart Data Collective

APRIL 22, 2022

The risk of cyberattacks has risen sharply, as more people are working from home even as the pandemic subsides. One of the most unusual consequences of the war in Ukraine is the increased cybersecurity risk, with one report suggesting that Russia is preparing to launch destructive attacks on the US and similar western infrastructures.

Risk 111

Risk Software Reporting IT 111

CIO Business Intelligence

NOVEMBER 14, 2023

In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. 6 IoT vulnerabilities to watch out for Security risks are a significant concern for businesses using LoT and OT technology.

IoT 130

IoT Enterprise Manufacturing Measurement 130

datapine

MAY 31, 2022

Exclusive Bonus Content: Download our free cloud computing tips! This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. The next part of our cloud computing risks list involves costs.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

JULY 5, 2023

Browser cloud management functionality that incorporates AI/ML can detect if users bypass warnings from malicious sites or alerts to risky data downloads. AI is really doing the heavy lift, in terms of identifying risks,” Crowley says. IT security personnel also benefit.

Machine Learning 98

Machine Learning Deep Learning Consulting Enterprise 98

CIO Business Intelligence

JANUARY 30, 2024

Ultimately, these businesses run the increasing risk of falling behind in their markets. To learn more, be sure to download our white paper, “Improve Organizational Trust.” These teams are hindered by an absence of trust in their data, which stifles decision-making and overall effectiveness.

Digital Transformation 140

Digital Transformation Metrics Enterprise Optimization 140

IBM Big Data Hub

DECEMBER 4, 2023

IBM’s governance framework is built around four core roles within the company: The Policy Advisory Committee: senior global leaders who provide oversight of the AI Ethics Board and help to establish the company’s strategy and risk tolerance. It helps accelerate responsible, transparent and explainable AI workflows.

Consulting 83

Consulting Risk Metadata Risk Management 83

CIO Business Intelligence

NOVEMBER 23, 2022

The biggest challenge when it comes to cyber crime is that there are so many different security risks to manage. Three of the biggest risks moving into 2023 and beyond are: Ransomware – in which a malicious program infects a computer, locking access to all files until a ransom is paid to gain access to an unlock key.

Risk 97

Risk Data-driven Software Measurement 97

CIO Business Intelligence

OCTOBER 16, 2023

Notably, they also found another risk, as 18% of attacks on e-commerce companies involved malicious code embedded within credit card processing pages – an approach in which attackers remain undetected as they pilfer payment card data without impacting the site’s operation. “You Not surprisingly, the retail industry was also highly targeted.

Consulting 127

Consulting Enterprise Reporting Risk 127

CIO Business Intelligence

DECEMBER 18, 2023

Other fears cover compliance with emerging AI regulations and the risk of models becoming contaminated or biased through adversarial attacks. As some executives suggested, it would benefit the enterprise more to monitor the AI traffic at an aggregate (not employee-specific) level to understand the risks of public LLM usage.

Enterprise 119

Enterprise Management Risk Uncertainty 119

Smart Data Collective

SEPTEMBER 13, 2023

One critical measure in this respect is conducting regular cybersecurity auditing , which will provide you with a complete assessment of potential risks and best practices for keeping your data and processes safe and secured. So, it’s in your best interest to find a service that provides thorough and effective cybersecurity audits.

IT 99

IT Cost-Benefit Data Processing Software 99

IBM Big Data Hub

JANUARY 25, 2024

” Read the “Presidio AI Framework” paper to learn how to address generative AI risks with guardrails across the expanded AI life cycle As generative AI continues to go mainstream, organizations are excited about the potential to transform processes, reduce costs and increase business value.

Strategy 106

Strategy Risk Cost-Benefit Business Objectives 106

IBM Big Data Hub

NOVEMBER 30, 2023

Download the whitepaper to learn more This whitepaper provides an executive summary, business challenges and overall solution followed by specific business scenarios. Actionable steps will be developed through the lens of use cases on how the main risk factors can be transformed into opportunities.

Optimization 52

Optimization Cost-Benefit Risk Sales 52