erwin

MARCH 25, 2021

Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

Cloudera

MAY 24, 2022

I recently attended the CeFPro environmental, social, and corporate governance (ESG) conference in London along with a variety of risk experts and ESG leaders from large global institutions. In the various discussions I had over the two-day event, climate change appears to be the more clearly defined ESG initiative for most organizations.

Risk 84

Risk Measurement Modeling Risk Management 84

IBM Big Data Hub

FEBRUARY 15, 2024

The impacts of climate change may be organized into three categories: Intensifying extreme weather events Changes to natural ecosystems Harm to human health and well-being Extreme weather events While climate change is defined as a shift in long-term weather patterns, its impacts include an increase in the severity of short-term weather events.

Insurance 67

Insurance Risk Strategy Risk Management 67

CIO Business Intelligence

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. To counter these measures, financial institutions are taking increasingly aggressive steps to identify suspicious behaviors and transactions quickly. “One In 2021, U.S.

Digital Transformation 95

Digital Transformation Risk Management Risk Consulting 95

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 86

Risk Management Risk Management Measurement 86

Ontotext

JULY 6, 2023

M&A events, role changes, etc.) Let’s consider an example about risk and opportunity event detection. So we perform large scale Named Entity Recognition of company, locations and people, and we add some topics/events. It incorporates the knowledge of Subject Matter Experts and ensures accurate sentiment measurements.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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. 4 But is it too broad to be useful? How Material Is the Threat?

Risk 359

Risk Modeling Data Processing Software 359

Smart Data Collective

MAY 17, 2023

While Office 365 offers built-in security features, it is essential to understand that these measures alone may not be sufficient to safeguard your business data. Microsoft provides a secure foundation, but it’s up to individual organizations to implement additional security measures to ensure comprehensive protection.

Risk 88

Risk Measurement Software Management 88

CIO Business Intelligence

JUNE 9, 2022

Other security measures that leverage existing employee devices have been introduced to combat the example above of the unsuspecting salesperson giving system log-in credentials away. Prepare containment and mitigation strategies and guidelines for events during (or after) an attack.

Risk 94

Risk Risk Management Sales Measurement 94

Smart Data Collective

AUGUST 6, 2020

Maritime cyber risk refers to a measure of the extent to which a technology asset could be threatened by a potential circumstance or event, which may result in shipping-related operational, safety or security failures as a consequence of information or systems being corrupted, lost or compromised.”. Assess risk exposure.

Risk 96

Risk Measurement Strategy Risk Management 96

Smart Data Collective

JULY 19, 2021

Risk Management. Companies using data centers within their data recovery strategies do this with the aim of mitigating risk in the case of some external mishap (unfortunate events such as natural disasters). All of these measures are important since no data center can afford a data theft situation or data leaks.

Cost-Benefit 130

Cost-Benefit Risk Management Risk Consulting 130

IBM Big Data Hub

JULY 12, 2023

Enterprises are often defined by how they deal with events that are out of their control. Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event.

Risk 40

Risk Cost-Benefit Internet of Things Testing 40

Ontotext

FEBRUARY 26, 2024

Ontotext’s Relation and Event Detector (RED) is designed to assess and analyze the impact of market-moving events. The answers to these foundational questions help you uncover opportunities and detect risks. Why do risk and opportunity events matter? and “What is the financial impact?”.

Data-driven 59

Data-driven Risk Modeling Risk Management 59

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data must be managed carefully , which means protecting it against security breaches. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. But you can come around this.

Statistics 107

Statistics Risk Measurement Software 107

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 69

Digital Transformation Risk Data Processing Enterprise 69

CDW Research Hub

JUNE 10, 2021

Sirius Security helps them reduce risk, streamline and improve operations, and take a forward-leaning approach with proactive prevention, detection and response that keeps pace with threats. Advancing your security posture requires effectively managing these common challenges: Shifting compliance and threat landscape. & Bake-Offs.

Enterprise 52

Enterprise Consulting Risk Business Objectives 52

bridgei2i

APRIL 29, 2020

As a result of the rapid spread and severe impact on communities, businesses are also seeing slowdown and unforeseen scenarios with restrictions imposed on the movement of goods and people, lockdowns, and stricter regulatory measures. Risk Management with authority to take action fast. Increased Visibility in SC.

KPI 52

KPI Risk Management Measurement Risk 52

BizAcuity

JULY 26, 2021

Hybrid cloud models improve business continuity and reduce potential downtime and maintenance, due to the advantage of business continuity in the event of a failure or disaster normally with minimal downtime or interruption as it helps businesses back up their mission-critical key data and ensuring scalability as per the requirements.

IT 52

IT Cost-Benefit Data Processing Risk 52

CIO Business Intelligence

MARCH 24, 2023

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. Informatica Axon Informatica Axon is a collection hub and data marketplace for supporting programs.

Data Governance 142

Data Governance Management Metadata Data Quality 142

CIO Business Intelligence

DECEMBER 21, 2023

In order to comply with the new Standard, the industry will need to adapt its existing security measures to meet the tightened security controls, calling for a comprehensive review and potential overhaul of its cybersecurity infrastructure. 1] That’s a great idea. But what about in-person payments? becomes the only Standard available.

Measurement 52

Measurement Risk Management Risk Management 52

CDW Research Hub

FEBRUARY 14, 2020

As a prerequisite, your organization must already have governance and risk management teams, which will define the company policies and set compliance standards from which you can establish procedures. They will also define what is or isn’t acceptable with regard to risk, and what type of compliance your organization needs.

Risk 52

Risk Reporting Measurement Insurance 52

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 82

Data Architecture Risk Management Risk Management 82

Smart Data Collective

FEBRUARY 2, 2021

To reduce this risk, companies should only keep the information they need and ensure that all necessary files are kept encrypted. Minimizing the locations where private data is stored is another effective strategy for eliminating risk. Data breaches threaten legal action.

Data Processing 65

Data Processing Risk Uncertainty Strategy 65

Smart Data Collective

JULY 23, 2019

Risk management , e.g. understanding of acceptable and too dangerous risks. For instance, magik_moose from Reddit states that pros must follow a few rules, including proper risk management, clear targets, independent analysis, and control over emotions. Steenbarger. Explore it to understand your nature better.

Recreation/Entertainment 75

Recreation/Entertainment Risk Management Marketing Risk 75

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

Risk 91

Risk IT Management Risk Management 91

Smart Data Collective

OCTOBER 26, 2019

In the event of a network shutdown or failure, it may take much longer to restore functionality (and therefore connection) to a cloud-hosted off-site backup. Having a physical off-site backup is a much better redundancy measure. However, reasonable is a subjective measure. For enterprise-based users, this is not acceptable.

Big Data 45

Big Data Data Lake Cost-Benefit Measurement 45

Cloudera

MAY 18, 2021

Event-driven and streaming architectures enable complex processing on market events as they happen, making them a natural fit for financial market applications. Flink SQL is a data processing language that enables rapid prototyping and development of event-driven and streaming applications. Intraday VaR. Image Source: [link].

Risk 94

Risk Marketing Risk Management Data-driven 94

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

bridgei2i

MAY 4, 2020

So the COVID-19 crisis response has hence been centrifugal, and it has varied across countries with respect to infections, control, and lockdown measures. We do not have any historical event to latch on to and thus it becomes even more difficult to cope up with an event like this. Anushruti: Completely agree, Moni.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

CIO Business Intelligence

MARCH 4, 2024

But so too is the ongoing work of many established companies and institutions to strengthen their own security while managing the transition away from legacy systems. While this is essential work, the transition can expose security risks and weak points such as unpatched and unidentified devices on networks.

Manufacturing 119

Manufacturing Risk Reporting Risk Management 119

DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. Reduce Risk with Systematic Model Controls. What Risk Managers Need to Know About AI Governance.

Modeling 105

Modeling Risk Management Testing Risk 105

CIO Business Intelligence

SEPTEMBER 6, 2023

The discussions address changing regulatory and compliance requirements, and reveal vulnerabilities and threats for risk mitigation.” Ongoing IT security strategy conversations should address the organization’s cyber risk and arrive at strategic objectives, Albrecht says. Have we fostered a culture of security?

IT 141

IT ROI Risk Strategy 141

Cloudera

SEPTEMBER 7, 2023

But it’s also fraught with risk. This June, for example, the European Union (EU) passed the world’s first regulatory framework for AI, the AI Act , which categorizes AI applications into “banned practices,” “high-risk systems,” and “other AI systems,” with stringent assessment requirements for “high-risk” AI systems.

Insurance 79

Insurance Risk Data-driven Finance 79

Corinium

APRIL 25, 2019

Ahead of the Chief Data Analytics Officers & Influencers, Insurance event we caught up with Dominic Sartorio, Senior Vice President for Products & Development, Protegrity to discuss how the industry is evolving. I am head of Products here, which comprises of R&D, Product Management and Global Customer support.

Insurance 150

Insurance Risk IoT Cost-Benefit 150

Octopai

JUNE 16, 2021

Do you ever feel like taking risks? . If you’re a bank, however, taking risks doesn’t just have implications for you, but for all your customers and (if you’re big enough) for the economy as a whole. . The Basel III framework, as well as Basel IV, call for regulation changes in multiple areas, including: Credit risk.

Management 52

Management Risk Management Risk Visualization 52

Domino Data Lab

APRIL 3, 2019

Also, while surveying the literature two key drivers stood out: Risk management is the thin-edge-of-the-wedge ?for Edge caches become crucial for managing data on its way from web servers to mobile devices. Her talk focuses on “Padlock”, which is a global key-management system at Spotify that also ?handles credit cards).

Data Governance 84

Data Governance Machine Learning Metadata Big Data 84

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. 9, with 47% involved in such).

IT 130

IT Risk Optimization Technology 130