IBM Big Data Hub

MARCH 25, 2024

As the effects of climate change intensify, extreme weather events are becoming increasingly frequent and severe. The US experienced 25 extreme weather events in 2023, each causing losses of over USD 1 billion, with a total cost of USD 73.8 These climate events have a huge potential impact on financial institutions.

Insurance 97

Insurance Forecasting Risk Risk Management 97

CIO Business Intelligence

JULY 26, 2023

While implementing effective strategies that harness automation and security technology remain critical, the most successful organizations tackle complex security challenges by involving different organizational disciplines in the risk-management problem statement. involved in the risk management process.

Enterprise 92

Enterprise Risk Management Risk Manufacturing 92

IBM Big Data Hub

OCTOBER 30, 2023

In July 2023, the Securities and Exchange Commission (SEC) voted to adopt new cybersecurity rules and requirements for all market entities to address risks. Among the passed regulations were updated requirements for Form 8-K reporting as well as new guidance for Form 10-K Amendments. million, representing a 15.3% increase from 2020.

Risk Management 82

Risk Management Risk Reporting Management 82

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 126

Data Warehouse Dashboards Risk Management Risk 126

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” CIOs need to point this out to the board, to the CEO, and to other C-level executives.

ROI 122

ROI IT Manufacturing Metrics 122

IBM Big Data Hub

MAY 8, 2024

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. The risk of valid identities being used as the entry point by bad actors is expected to continue with the ever-increasing applications and systems being added in today’s hybrid environments. Hackers don’t hack in; they log in.

Risk 85

Risk Cost-Benefit Risk Management Management 85

CIO Business Intelligence

SEPTEMBER 14, 2023

Nasdaq is currently using gen AI for a range of applications, including supporting digital investigators’ efforts to identify financial crime risk and empowering corporate boards to consume presentations and disclosures more efficiently. The company, which reported net revenues of $3.6

Risk Management 115

Risk Management Risk Marketing Cost-Benefit 115

CIO Business Intelligence

NOVEMBER 21, 2023

Ask IT leaders about their challenges with shadow IT, and most will cite the kinds of security, operational, and integration risks that give shadow IT its bad rep. That’s not to downplay the inherent risks of shadow IT.

IT 137

IT Risk Cost-Benefit Risk Management 137

John Wheeler

OCTOBER 20, 2020

We continue our “20 for 20” theme this year by highlighting the integrated risk management (IRM) critical capabilities and top 20 software functions / features. These five capabilities support both integrated view of strategic, operational and technology risk as well as the related business outcomes, processes and assets.

Risk Management 52

Risk Management Risk Predictive Modeling Insurance 52

IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 86

Risk Management Risk Management Measurement 86

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. When deployed effectively, a good DR plan can help stakeholders better understand the risks to regular business functions that a particular threat may pose.

Cost-Benefit 96

Cost-Benefit Risk Enterprise Advertising 96

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. 1 And, of course, the risks of model decay are exacerbated in times of rapid change. Taken together, AI is a high-risk technology, perhaps akin today to commercial aviation or nuclear power. How Material Is the Threat?

Risk 359

Risk Modeling Data Processing Software 359

CIO Business Intelligence

MAY 26, 2023

The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. Businesses are looking for qualified IT pros who can help ensure that they are protected from potential threats and risks.

IT 124

IT Reporting Risk Consulting 124

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. In addition to reducing alert fatigue, AI capabilities can provide reasons for its decisions, saving staff hours of time in compiling compliance reports. In 2021, U.S.

Digital Transformation 102

Digital Transformation Risk Management Risk Consulting 102

Jet Global

JULY 21, 2022

July 21, 2022 – insightsoftware , a global provider of reporting, analytics, and performance management solutions, today launched its annual Finance Team Trends Report. With 63 percent of finance teams now reporting a “high level” of digitization, they have become significantly more efficient in their day-to-day tasks.

Digital Transformation 52

Digital Transformation Finance Reporting Interactive 52

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

JULY 14, 2022

Rather than simply investing in technology, and hoping for the best, however, IT leaders need to be strategic and undertake risk management that best suits their business profile. For CIOs and CISOs looking to think strategically about security, the focus of the event will be on practical and actionable insights.

Digital Transformation 98

Digital Transformation IoT Business Objectives Risk Management 98

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 89

Risk Measurement Modeling Risk Management 89

Smart Data Collective

MAY 17, 2023

According to the Identity Theft Resource Center’s 2022 Data Breach Report, the number of data breaches decreased slightly in 2022 from the number reported in 2021. Reports were significantly lower in the first half of 2022, possibly due to the war in Ukraine and volatile cryptocurrency prices.

Risk 89

Risk Measurement Software Management 89

Cloudera

OCTOBER 28, 2021

I’ve had the pleasure to participate in a few Commercial Lines insurance industry events recently and as a prior Commercial Lines insurer myself, I am thrilled with the progress the industry is making using data and analytics. I often hear this at industry events and in conversations with insurers.

Insurance 98

Insurance Risk Unstructured Data Data-driven 98

erwin

APRIL 29, 2020

These tools range from enterprise service bus (ESB) products, data integration tools; extract, transform and load (ETL) tools, procedural code, application program interfaces (API)s, file transfer protocol (FTP) processes, and even business intelligence (BI) reports that further aggregate and transform data. Who are the data owners?

Metadata 111

Metadata Data Governance Key Performance Indicator Data Quality 111

Laminar Security

NOVEMBER 16, 2023

DSPM solutions help organizations achieve data security compliance, reduce data breach risks, lower cloud costs, remediate ROT data, and enable data-driven innovation. You can use DSPM to monitor and audit all data activity and events in your cloud environment, such as data creation, modification, deletion, access, usage, transfer, etc.

Risk 59

Risk Cost-Benefit Dashboards Management 59

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. Transaction and pricing data (e.g., investments, acquisitions, issued Instruments, etc.)

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

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

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

JUNE 26, 2019

The insurance industry is based on the idea of managing risk. To determine this risk, the industry must consult data and see what trends are evident to draft their risk profiles. The in-depth analysis of historical data gives insurers a platform to base their determination of risk. Seeing Into the Future.

Insurance 95

Insurance Data Analytics Analytics IoT 95

erwin

SEPTEMBER 17, 2020

According to erwin’s “2020 State of Data Governance and Automation” report , close to 70 percent of data professional respondents say they spend an average of 10 or more hours per week on data-related activities, and most of that time is spent searching for and preparing data. Benjamin Franklin said, “Lost time is never found again.”

Cost-Benefit 143

Cost-Benefit Data Governance Metadata Reporting 143

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. IBM Data Governance IBM Data Governance leverages machine learning to collect and curate data assets.

Data Governance 142

Data Governance Management Metadata Data Quality 142

Ontotext

APRIL 6, 2023

More and more companies are using them to improve a variety of tasks from product range specification and risk analysis to supporting self-driving cars. But we are also happy to report that some of the biggest car manufacturers leverage Ontotext’s RDF database for knowledge graphs GraphDB in their technology. And that’s not all.

Manufacturing 83

Manufacturing Cost-Benefit Knowledge Discovery Optimization 83

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. It is still a vulnerable place.

Statistics 107

Statistics Risk Measurement Software 107

BizAcuity

JULY 26, 2021

According to the 2019 report by Flexera enterprises with a hybrid strategy grew to 58% in 2019 from 51% in 2018. A hybrid cloud environment aids in workload mobility, integration, and management across multiple computing environments. Improved security and risk management. What is a hybrid cloud?

IT 52

IT Cost-Benefit Data Processing Risk 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

CDW Research Hub

DECEMBER 16, 2020

We have all been witnessing the global impact of the health and economic events of 2020. They also reported that their investigations into the tactics and methods used to wage the attack were sophisticated and seemed to indicate the involvement of a nation-state. Initial discovery by FireEye. HF 1 to address the security vulnerability.

Reporting 76

Reporting Risk Software Behavioral Analytics 76

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 86

Data Architecture Risk Management Risk Management 86

Alation

JUNE 14, 2021

Breaches are resumé generating events.”. Do we know the business outcomes tied to data risk management? Intelligent systems powered by machine learning are necessary for overcoming the challenges of data management. It seems that way these days. Granted the same may be true for the CIO when breaches occur.

Data Governance 97

Data Governance Recreation/Entertainment Data Lake Digital Transformation 97

CIO Business Intelligence

DECEMBER 21, 2023

According to Verizon’s 2023 Data Breach Investigation Report (DBIR), the transportation industry as a whole was breached 249 times with 349 incidents reported. Many airlines have no choice but to store payment card data in the event of chargebacks, refunds, installments and recurring payments. 1] That’s a great idea.

Measurement 52

Measurement Risk Management Risk Management 52