IBM Big Data Hub

JANUARY 29, 2024

Business continuity and disaster recovery plans are risk management strategies that businesses rely on to prepare for unexpected incidents. Lower financial risk: According to IBM’s recent Cost of Data Breach Report, the average cost of a data breach was USD 4.45 million in 2023—a 15% increase since 2020.

Cost-Benefit 92

Cost-Benefit Risk Enterprise Advertising 92

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. 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. and the U.S.

Risk 359

Risk Modeling Data Processing Software 359

CIO Business Intelligence

DECEMBER 6, 2023

They list several scenarios to avoid — political campaigns and highly sensitive events where use or misuse could be consequential to life opportunities or legal status — and others to be cautious about, such as high stakes areas in healthcare, education, finance and legal.

IT 132

IT Risk Management Interactive Modeling 132

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

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

Cloudera

SEPTEMBER 7, 2023

Enable reporting to internal teams about the statuses of AI projects. AI-ify risk management. Leverage ML/AI to refine risk models, incorporating data from diverse sources, and predicting outcomes based on market sentiment, climate data, etc. Formalize ethics and bias testing. Practice real-time risk management.

Insurance 79

Insurance Risk Data-driven Finance 79

CDW Research Hub

DECEMBER 16, 2020

We have all been witnessing the global impact of the health and economic events of 2020. Initial information from FireEye disclosed that the software they use in penetration testing and security analysis services for their customers was stolen. The full extent of this attack and its repercussions may never be fully known.

Reporting 76

Reporting Risk Software Behavioral Analytics 76

CIO Business Intelligence

FEBRUARY 3, 2023

He says that IT remains largely in-house across helpdesk, data analytics, cybersecurity and development, bar small pockets of outsourced capability for software development and testing, and suggests that business growth hasn’t been the only challenge—not least in the days after Queen Elizabeth II’s death last September.

IT 52

IT Experimentation Scorecard Digital Transformation 52

CIO Business Intelligence

APRIL 28, 2022

government agencies from buying any software product that doesn’t include detailed, credible information on who made the components, where they came from, whether they were built and tested in conformance with specified quality and security standards, and how updates and patches for any exploitable defects will be provided and for how long.

Software 120

Software Risk Risk Management Manufacturing 120

CIO Business Intelligence

MARCH 24, 2023

Varonis Data Governance Suite Varonis’s solution automates data protection and management tasks leveraging a scalable Metadata Framework that enables organizations to manage data access, view audit trails of every file and email event, identify data ownership across different business units, and find and classify sensitive data and documents.

Data Governance 142

Data Governance Management Metadata Data Quality 142

CIO Business Intelligence

APRIL 22, 2022

Almost any IT pro can benefit from adding a project management certification to their list of IT credentials, showing you have the know-how to plan, schedule, budget, execute, deliver, and report on IT initiatives. Top project management certifications. Candidates can also take a self-test to benchmark their knowledge.

Management 111

Management Cost-Benefit Testing Risk 111

AWS Big Data

JANUARY 31, 2024

Background Options Price Reporting Authority (OPRA) serves as a crucial securities information processor, collecting, consolidating, and disseminating last sale reports, quotes, and pertinent information for US Options. With 18 active US Options exchanges and over 1.5

Marketing 87

Marketing Analytics Visualization Strategy 87

Cloudera

NOVEMBER 18, 2021

This allows for an omni-channel view of the customer and enables real-time data streaming and a safe zone to test machine learning models using Cloudera Data Science Workbench (CDSW). transactions per day and processing information at a rate of 1k events per second. Now, Carrefour can tailor coupon offers to its customers with ease.

Data Lake 74

Data Lake Cost-Benefit Digital Transformation Risk 74

Smart Data Collective

SEPTEMBER 22, 2021

According to a report, 88% of organizations globally have been subjected to experience the threats of spear-phishing in 2019. In fact, according to a report from Trend Micro, it is now being used to steal information and commit crimes. All of these mind-boggling events demand a vital question to be answered.

Statistics 106

Statistics Risk Measurement Software 106

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. Models built in the past may be embedded in reports, application systems, and business processes.

Modeling 105

Modeling Risk Management Testing Risk 105

AWS Big Data

AUGUST 14, 2023

These may be data products consumed in the implementation of key business activities, or associated with critical processes such as regulatory reporting and risk management. These data products may be widely used across business functions to support reporting and analytics, and—to a lesser extent—operational processes.

Management 81

Management Risk Measurement Optimization 81

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 Not that I’m implying anything about current economic conditions vis-a-vis the timing of this report… #justsayin. Upcoming Events. That definition plus the one-liner provide good starting points.

Data Governance 84

Data Governance Machine Learning Metadata Big Data 84

IBM Big Data Hub

JULY 28, 2023

Reporting and improvement. The vulnerability management lifecycle allows organizations to improve security posture by taking a more strategic approach to vulnerability management. In response, enterprises have made vulnerability management a key component of their cyber risk management strategies.

Management 67

Management Metrics Risk Measurement 67

DataRobot

SEPTEMBER 16, 2021

Pricing actuaries can test various advanced algorithms with minimal setup, including XGBoost, GBM, ENET, and GAM. Count of Events can be specified as one of the settings in DataRobot (see Graph 2). When Count of Events is not provided, DataRobot will, by default, build a binary classification model as the frequency model.

Modeling 52

Modeling Insurance Cost-Benefit Machine Learning 52

DataRobot Blog

DECEMBER 20, 2022

In this context, an augmented intelligence approach around the data will be increasingly more critical for asset managers, investors, and real estate developers to ensure a better understanding of the real estate assets and take better decisions aimed at optimizing both the Net Asset Value and the Net Operating Income.

Management 59

Management Machine Learning Optimization Modeling 59

Jet Global

APRIL 25, 2024

With multitudes of regulations surrounding everything from reporting to data security, organizations can quickly become overwhelmed. This requirement includes establishing financial reporting standards, ensuring data security controls, monitoring attempted breaches, keeping track of electronic records for audits, and demonstrating compliance.

Reporting 52

Reporting Risk Management Risk Software 52

Jet Global

NOVEMBER 29, 2023

Gartner sets a notoriously high bar for inclusion in its MQ reports. Like other Gartner Magic Quadrant reports, the financial close and consolidation version provides a graphical comparative positioning of technology and service providers where market growth is high and provider differentiation is distinct.

Reporting 52

Reporting Marketing Software Management 52