CIO Business Intelligence

JUNE 23, 2023

It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience. When asked what keeps them up at night, IT leaders noted the need to improve overall IT performance (60%), followed by data security (50%), process risk and compliance (46%), and the need to improve agility (41%).

IT 95

IT Risk Management Risk Optimization 95

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Is There Such a Thing as Unbiased AI? The hard truth is no.

Risk Management 52

Risk Management Risk Modeling Management 52

O'Reilly on Data

OCTOBER 18, 2022

As AI technologies are adopted more broadly in security and other high-risk applications, we’ll all need to know more about AI audit and risk management. applies external authoritative standards from laws, regulations, and AI risk management frameworks. The answer is simple—bad things and legal liabilities.

Risk Management 287

Risk Management Risk Testing Measurement 287

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance. The Birmingham, Ala.-based

IT 108

IT Manufacturing Risk Management Risk 108

CIO Business Intelligence

MAY 13, 2024

It creates more emphasis on 365-degree relationship management, particularly with external partners and vendors and with customers,” Juliano says. Overall, IT projects are meant to create a leaner, more profitable company, says Bilker, CIO of manufacturer Lift Solutions Holding. I believe we’re in a post-alignment world.

IT 126

IT Digital Transformation ROI Strategy 126

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. Are our systems adequately modernized for security?

IT 141

IT ROI Risk Strategy 141

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 89

Risk IT Management Risk Management 89

CIO Business Intelligence

MAY 22, 2024

The signatories agreed to publish — if they have not done so already — safety frameworks outlining on how they will measure the risks of their respective AI models. The risks might include the potential for misuse of the model by a bad actor, for instance. So, in a way, it is a step towards ethical AI.”

Risk Management 111

Risk Management Risk Modeling Publishing 111

CIO Business Intelligence

JUNE 21, 2022

Governance should be designed with adaptability in mind to ensure IT remains in alignment with business objectives, continually providing value while effectively safeguarding the organization against potential risks, Bales says. Poor risk planning. Not keeping pace with evolving business priorities.

IT 109

IT Risk Measurement Risk Management 109

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. Cypago delivers ongoing visibility into all the organization’s tools, applications, and models, while automating many processes needed for effective risk assessment and threat detection.

Risk Management 101

Risk Management Cost-Benefit Risk Measurement 101

CIO Business Intelligence

APRIL 27, 2023

The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. 1. IT management It’s no surprise that IT executive positions earn some of the highest average salaries, with Dice reporting an average yearly salary of $164,814 in 2022 — an 8.4% increase from 2021.

IT 112

IT Software Risk Management 112

CIO Business Intelligence

JUNE 8, 2023

Skills such as software engineering, architecture, cloud, and program management are highly sought after as more companies explore creating both internal and external applications and solutions. Project manager The role of project manager is important for planning, executing, and completing IT projects on time and on budget.

IT 137

IT Digital Transformation Software Risk 137

CIO Business Intelligence

MAY 15, 2024

And while incident management was never for the faint of heart, CIOs, and CTOs are actually losing sleep en masse. Beneath the bluster of all things AI, leaders are centering on the conundrum of accelerating innovation while designing risk management frameworks for threats we cannot entirely predict but must anticipate.

Risk 62

Risk IT Risk Management Technology 62

CIO Business Intelligence

MAY 30, 2023

3, with 55% of responding IT leaders listing this area) and risk management (at No. Today’s focus on these initiatives is more about optimizing the use of technologies to deliver measurable value in those areas, rather than just delivering the technologies themselves. 9, with 47% involved in such).

IT 128

IT Risk Optimization Technology 128

CIO Business Intelligence

MARCH 13, 2024

Even though generative AI is a relatively new technology, it’s now difficult to imagine a world without it, given the impact it’s making, and the business value it can create. for every $1 spent. EY is one example of a company widely deploying gen AI. And the impacts are already being felt in some industries.

IT 124

IT Consulting Testing Cost-Benefit 124

CIO Business Intelligence

MAY 28, 2024

OpenAI’s creation of a new safety committee at board level follows a string of departures and bad publicity around the company’s attitude to safety, including the dispersal of a “superalignment” team focused on long-term risks led by ex-chief-scientist Ilya Sutskever, who left the company two weeks ago.

Risk 91

Risk Risk Management Modeling Consulting 91

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 To summarize, just some of the benefits of data automation are: Centralized and standardized code management with all automation templates stored in a governed repository.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. The truth is that data breaches are as common as ever.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

CIO Business Intelligence

JULY 13, 2023

To fulfill this, companies can be transparent about their strategies and risk management. As demand for computing power continues to rise, the environmental impact of technology cannot be ignored. As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. Environment. Why is this?

IT 84

IT Internet of Things Strategy IoT 84

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. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. Virtually every organization recognizes the power of data to enhance customer and employee experiences and drive better business decisions. What is a data protection strategy?

Strategy 72

Strategy Measurement Risk Cost-Benefit 72

CIO Business Intelligence

SEPTEMBER 2, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. Part of the role also includes continually improving the organization’s technology stack, while maintaining a priority for business continuity and risk management.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

AUGUST 31, 2022

But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech. Part of the role also includes continually improving the organization’s technology stack, while maintaining a priority for business continuity and risk management.

Finance 98

Finance IT Software Reporting 98

CIO Business Intelligence

APRIL 13, 2023

Gartner projects that spending on information security and risk management products and services will grow 11.3% To better focus security spend, some chief information security officers (CISOs) are shifting their risk assessments from IT systems to the data, applications, and processes that keep the business going.

IT 109

IT Cost-Benefit Risk Consulting 109

CIO Business Intelligence

SEPTEMBER 26, 2023

Requirements for implementing Zero Trust In July 2021, the Biden administration issued an executive order outlining several cybersecurity measures that federal agencies and contractors must implement. This policy should include guidelines for employee training, incident response, and risk management.

Cost-Benefit 137

Cost-Benefit Measurement Risk Risk Management 137

Smart Data Collective

JULY 16, 2023

We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds. Data Analytics Helps Create More Robust Risk Management Controls We mentioned years ago that big data is changing risk management. It has completely changed the game in business and finance.

ROI 71

ROI Data Analytics Analytics Risk Management 71

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. Risk is about where the organization wants to play and where it does not want to play.

Risk 96

Risk Risk Management Strategy Enterprise 96

IBM Big Data Hub

MAY 14, 2024

Following a recent executive order by the Biden administration and a meteoric rise in AI adoption across sectors, the Office of Management and Budget (OMB) released a memo on how federal agencies can seize AI’s opportunities while managing its risks. But, how will these CAIOs balance regulatory measures and innovation?

Risk 84

Risk Risk Management Measurement Strategy 84

CIO Business Intelligence

MAY 14, 2024

Cybersecurity Guardians : Honoring CIOs who have demonstrated excellence in cybersecurity and risk management, safeguarding their organizations against cyber threats and ensuring the security of digital assets. The Awards will take place at the Hotel Fairmont Riyadh on 19th September.

Digital Transformation 92

Digital Transformation Business Objectives Risk Management Technology 92

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

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk. Well, sort of.

Insurance 86

Insurance Data Architecture Risk Management Risk 86

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 84

Data Architecture Risk Management Risk Management 84

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Assess Variables.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. Using mobile cryptography to determine the authenticity of the device, its operating system, and the app it’s running is a crucial and decisive measure for stopping injection attacks in their tracks.

Strategy 103

Strategy Risk Management Risk Measurement 103

IBM Big Data Hub

DECEMBER 8, 2023

” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 69

Risk Strategy Risk Management Insurance 69

CIO Business Intelligence

AUGUST 30, 2023

Today, it is, as they create a mysterious new risk and attack surface to defend against. A high-level CISO in capital management feared “ plagiarism, biased information impacting decisions or recommendations, data loss to numerous organizations, and reliance and economic waste on products that don’t prove short or medium value.”

Enterprise 128

Enterprise Risk Measurement Software 128

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. In response to this increasing need for data analytics, business intelligence software has flooded the market. Unfortunately, this approach could be disastrous.

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218