Analytics Vidhya

MAY 23, 2023

They have called for the […] The post OpenAI Leaders Write About The Risk Of AI, Suggest Ways To Govern appeared first on Analytics Vidhya. OpenAI is one of the leading research laboratories in artificial intelligence (AI). It has yet again emphasized the need for governance of AI systems.

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CIO Business Intelligence

MARCH 19, 2024

Ask your average schmo what the biggest risks of artificial intelligence are, and their answers will likely include: (1) AI will make us humans obsolete; (2) Skynet will become real, making us humans extinct; and maybe (3) deepfake authoring tools will be used by bad people to do bad things. Risks perceived by an average schmo 1.

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CIO Business Intelligence

FEBRUARY 20, 2024

While cloud risk analysis should be no different than any other third-party risk analysis, many enterprises treat the cloud more gently, taking a less thorough approach. Interrelations between these various partners further complicate the risk equation. That’s where the contract comes into play.

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CIO Business Intelligence

MARCH 18, 2024

There are a lot of risks and a lot of land mines to navigate,” says the analyst. Coming to grips with risk The first step in making any bet — or investment — is to understand your ability to withstand risk. The opportunity is too big. According to IDC , core IT spending for AI will grow from $235.6 billion in 2024 to $521.0

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IBM Big Data Hub

MARCH 27, 2024

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

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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.

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CIO Business Intelligence

NOVEMBER 27, 2023

Developing and deploying successful AI can be an expensive process with a high risk of failure. Six tips for deploying Gen AI with less risk and cost-effectively The ability to retrain generative AI for specific tasks is key to making it practical for business applications. The possibilities are endless, but so are the pitfalls.

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CIO Business Intelligence

OCTOBER 24, 2023

But adding these new capabilities to your tech stack comes with a host of security risks. For executives and decision-makers, understanding these risks is crucial to safeguarding your business. How should businesses mitigate the risks? Government and regulatory bodies also have a role to play in managing these risks.

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CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

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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.

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CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. De-risking AI security deployments As with any new technology, CIOs looking to implement AI-assisted security will have concerns around effectiveness, safety, business value, and return on investment.

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CIO Business Intelligence

JUNE 9, 2023

Elisabeth Stjernstoft, CIO at Swedish energy giant Ellevio, agrees that there’s a risk of using biased data that’s not representative of the customer group or population being looked at. “It The bottom line is the risk is there, so we need to monitor the models and correct them if necessary.”

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CIO Business Intelligence

SEPTEMBER 26, 2023

Management rules typically exist to enable faultless decision-making, set a foundation for consistent operation, and provide protection from risk, observes Ola Chowning, a partner at global technology research and advisory firm ISG. Breaking a rule often happens after the CIO weighs the risk of removing or retaining a mandate,” she notes.

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John Wheeler

NOVEMBER 24, 2020

However, for security and risk management professionals it can make a huge difference. Take for example the terms cyber risk, digital risk and the digitalization of risk management. Viewed together, the three terms represent key aspects of integrated risk management (IRM). For Shakespeare’s Juliet, not much.

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Smart Data Collective

JUNE 19, 2022

AI is particularly helpful with managing risks. How AI Can Help Suppliers Manage Risks Better. All companies require complex relationships with various suppliers and service providers to develop the products and services they offer to clients and customers — but those relationships always carry some risk. Failure or Delay Risk.

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CIO Business Intelligence

DECEMBER 1, 2023

Allow me to delve deeply into the risks associated with website spoofing, its manipulation of unsuspecting users, the far-reaching repercussions, and the strategies I believe are effective in tackling this ever-evolving menace. One of the most sophisticated and clandestine threats in this landscape is website spoofing.

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Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

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Smart Data Collective

MAY 4, 2023

Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second. Thankfully, becoming aware of the risks out there can help you safeguard your business and mitigate your risks.

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CIO Business Intelligence

AUGUST 25, 2022

About 41% of boards of directors in enterprises, according to a survey spanning 273 respondents across US, Europe and APAC, viewed geopolitical power shifts and turbulence as one of the biggest risks to performance. Data sovereignty will be a key focus area for CIOs. These policies can lead to CIOs being mandated to buy from certain vendors.

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Smart Data Collective

JANUARY 6, 2022

However, the risks of using this authentication option are widely known, as hackers can steal, buy, or guess passwords to compromise networks and access sensitive data. The introduction of passwordless authentication is thought to mitigate these risks. One of the biggest changes has been in the arena of cybersecurity.

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CIO Business Intelligence

AUGUST 1, 2023

The Miami-Illinois language of the Miami Tribe of Oklahoma (Myaamiaki tribe) fell dormant during the 19th and 20th centuries, at a time when Indigenous populations faced forced relocations and abusive boarding schools, where children were forced to assimilate and were punished for using their own language.

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CIO Business Intelligence

MARCH 12, 2024

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies. Here are three strategies for getting it done.

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CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

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CIO Business Intelligence

APRIL 17, 2024

Certinia’s new features should also allow for “de-risking” of new projects, by identifying potential pitfalls in a given deal, accurately rating the resources available to handle it, and helping services companies make smarter adjustments to those estimates. But that’s it, you know?” It’s very easy to lose money on projects,” Hurrell said. “So

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Smart Data Collective

NOVEMBER 22, 2022

Whether fiat currency always has an inflationary risk because more can always be printed. Bitcoin will never have this inherent risk attached to it. There are a number of ways that you can use AI technology to improve your bitcoin investing strategy. Here are some ideas. Use AI to Automate Your Trading Strategy. Limited Supply.

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CIO Business Intelligence

MARCH 21, 2024

In 2018, the day after his employer publicly announced it was being acquired, Lynn Lovelady, then VP of IT at Energen, received a pivotal phone call that would reshape his career. The Birmingham, Ala.-based To address the growing pains, Lovelady reinforced the importance of strategic planning for IT.

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CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

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Smart Data Collective

SEPTEMBER 13, 2021

Remote working has also created greater data security risks. Many organizations and enterprises are constantly under threat of a cyber attack. Although data may be lost in a hacking incident, it can also be due to other intentional or accidental reasons. Cost of data loss and the factors that drive its cost. The maximum threshold is 200 days.

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IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI.

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Smart Data Collective

FEBRUARY 14, 2023

However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. However, there are some risks associated with using cloud-based software for business purposes. Firstly, there is always the risk of data breaches due to cyber-attacks or human error.

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IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. Focusing on ESG Risk Management can help your organization become more profitable, and your organization can start on this journey today. So how does ESG risk management help the bottom line?

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Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Around 66% of all data leaks are caused by employees making mistakes with digital records.

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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. Following are seven steps to guide this transformation for competitive advantage.

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CIO Business Intelligence

MARCH 11, 2024

And yet, IT teams face significant challenges, including: • Addressing information overload • Predicting capacity planning • Assessing risks that are sometimes unknown • Meeting complicated regulatory standards Complexity is the common thread that runs through these challenges. IT professionals are already overwhelmed by alerts and tasks.

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