article thumbnail

Risk Management for AI Chatbots

O'Reilly on Data

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? What Can You Do?

article thumbnail

Model Risk Management And the Role of Explainable Models(With Python Code)

Analytics Vidhya

The post Model Risk Management And the Role of Explainable Models(With Python Code) appeared first on Analytics Vidhya. This article was published as a part of the Data Science Blogathon. Photo by h heyerlein on Unsplash Introduction Similar to rule-based mathematical.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CIO risk-taking 101: Playing it safe isn’t safe

CIO Business Intelligence

As CIO, you’re in the risk business. Or rather, every part of your responsibilities entails risk, whether you’re paying attention to it or not. There are, for example, those in leadership roles who, while promoting the value of risk-taking, also insist on “holding people accountable.” You can’t lose.

Risk 112
article thumbnail

Ensuring Secure Data Management With Blockchain Technology

Analytics Vidhya

Introduction Blockchain technology can be used in secure and transparent data management by providing a decentralized ledger for recording transactions. This eliminates the need for intermediaries, reducing the risk of data breaches and cyber-attacks.

article thumbnail

Driving Business Impact for PMs

Speaker: Jon Harmer, Product Manager for Google Cloud

You will deepen your understanding of your customers and their needs as well as identifying and de-risking the different kinds of hypotheses built into your roadmap. Grow your user empathy skills: Better understand users and the problem space they are working in through Journey Maps that are customized for Product Managers.

article thumbnail

Managing risk in machine learning

O'Reilly on Data

Model lifecycle management. The Future of Privacy Forum and Immuta recently released a report with some great suggestions on how one might approach machine learning projects with risk management in mind: When you’re working on a machine learning project, you need to employ a mix of data engineers, data scientists, and domain experts.

article thumbnail

Cyber Risk, Digital Risk and The Digitalization of Risk Management

John Wheeler

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).

article thumbnail

ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. When building your ERM program foundation, you need to answer questions like: Do we have robust board and management support?

article thumbnail

Everything You Need to Know About Crypto

Speaker: Ryan McInerny, CAMS, FRM, MSBA - Principal, Product Strategy

With 20% of Americans owning cryptocurrencies, speaking "fluent crypto" in the financial sector ensures you are prepared to discuss growth and risk management strategies when the topic arises. May 18th, 2023 at 9:30 am PDT, 12:30 pm EDT, 5:30 pm BST

article thumbnail

The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders.

article thumbnail

Successful Change Management with Enterprise Risk Management

Speaker: William Hord, Vice President of ERM Services

A well-defined change management process is critical to minimizing the impact that change has on your organization. Leveraging the data that your ERM program already contains is an effective way to help create and manage the overall change management process within your organization. Organize ERM strategy, operations, and data.

article thumbnail

How to Solve 4 Common Challenges of Legacy Information Management

Speaker: Chris McLaughlin, Chief Marketing Officer and Chief Product Officer, Nuxeo

After 20 years of Enterprise Content Management (ECM), businesses still face many of the same challenges with finding and managing information. He will share compelling stories from customers that have chosen a different path, and best practices for Information Management professionals to help them along their way.

article thumbnail

The Unexpected Cost of Data Copies

Unfortunately, data replication, transformation, and movement can result in longer time to insight, reduced efficiency, elevated costs, and increased security and compliance risk. How a next-gen data lake can halt data replication and streamline data management. How replicated data increases costs and impacts the bottom line.

article thumbnail

Put Your Data to Work: The Complete Playbook

From search engines to navigation systems, data is used to fuel products, manage risk, inform business strategy, create competitive analysis reports, provide direct marketing services, and much more. What do startups and Fortune 500 companies have in common?