Jet Global

DECEMBER 21, 2020

In the more modern terminology of business, we could rephrase that to say “be careful about concentration risk.”. When an organization is too reliant on one company or market segment to drive revenue or ensure an adequate product supply, it creates concentration risk. Vendor Concentration Risk. Fourth-Party Concentration Risk.

Risk 98

Risk Sales Reporting Forecasting 98

CIO Business Intelligence

AUGUST 16, 2023

Finally, there’s a presentation layer to reach the world outside Svevia in order to exchange data with customers. We put sensors in the vessels, and with the measurement data we receive, we can see how full they are and plan the routes accordingly,” says Andreas Bäckström, a business developer at Division Drift.

Risk 80

Risk Cost-Benefit Digital Transformation Internet of Things 80

IBM Big Data Hub

MAY 31, 2024

But the rates of exploration of AI use cases and deployment of new AI-powered tools have been slower in the public sector because of potential risks. But tax agencies must adopt AI tools with adequate oversight and governance to mitigate risks and build public trust. Furthermore, biases against marginalized groups remain a risk.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

MARCH 3, 2024

One component of corporate IT that has long been ‘in range’ for cyber criminals that is often overlooked when protection measures are being put in place are multifunction printers – widely used in almost every organisation. Fortunately, there are tools available to deal with the specific security challenges presented by printers.

IT 100

IT Measurement Risk Testing 100

CIO Business Intelligence

APRIL 25, 2024

Prepare now, thank yourself later While these mergers and acquisitions can be a positive catalyst for progress, the urge to rapidly close deals and return to business operations can outweigh ensuring proper security measures are in place – and so companies aren’t adopting one another’s poor security posture or hygiene. Cloud Management

Measurement 89

Measurement Risk Data Processing Marketing 89

CIO Business Intelligence

FEBRUARY 6, 2024

“By taking an agile, sector-specific approach, we have begun to grip the risks immediately, which in turn is paving the way for the UK to become one of the first countries in the world to reap the benefits of AI safely.” However, even with “old-fashioned” AI, the country needs to balance the risks with the opportunities. “It

Risk 84

Risk Measurement Technology Marketing 84

Jen Stirrup

MAY 21, 2024

I am joining the webinar as an attendee so I can get out in front of the risks. As with any potent technology, it brings a duality of outcomes—on the one hand, significantly augmenting our defensive capabilities, and on the other, presenting new, sophisticated avenues for cyber threats. Generative AI: A Phenomenon - Why now?

IT 68

IT Measurement Internet of Things Data-driven 68

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. Cyber resiliency goes beyond mere cybersecurity measures. Their expertise in developing secure systems ensures that proactive defense measures are in place. You can also book a meeting on the IBM FlashSystem page.

Risk 78

Risk Measurement Business Objectives Optimization 78

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. It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss. What is a data protection strategy?

Strategy 82

Strategy Measurement Risk Cost-Benefit 82

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. Today, it is, as they create a mysterious new risk and attack surface to defend against. Privacy leaks?

Enterprise 128

Enterprise Risk Measurement Software 128

Rocket-Powered Data Science

JULY 21, 2023

Despite the thousands of miles (and kilometers) of separation, I could feel the excitement in the room as numerous announcements were made, individuals were honored, customer success stories were presented, and new solutions and product features were revealed. Splunk AI Assistant – Boom!

Machine Learning 190

Machine Learning Metrics Reporting Internet of Things 190

Smart Data Collective

OCTOBER 8, 2023

A growing number of companies are recognizing that they need to take proactive measures to help bolster their data security. Software companies are among those most heavily affected, so they are taking dramatic measures. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 108

Software IoT Risk Internet of Things 108

datapine

OCTOBER 11, 2023

A Warehouse KPI is a measurement that helps warehousing managers to track the performance of their inventory management, order fulfillment, picking and packing, transportation, and overall operations. It allows for informed decision-making and efficient risk mitigation. Let’s dive in with the definition. What Is A Warehouse KPI?

Metrics 217

Metrics KPI Management Cost-Benefit 217

Cloudera

JUNE 14, 2024

But for all the excitement and movement happening within hybrid cloud infrastructure and its potential with AI, there are still risks and challenges that need to be appropriately managed—specifically when it comes to the issue of data governance.

Data Governance 70

Data Governance Data-driven Insurance Enterprise 70

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management. What Is Model Risk?

Risk Management 64

Risk Management Risk Modeling Enterprise 64

O'Reilly on Data

MAY 27, 2020

Using the new scores, Apgar and her colleagues proved that many infants who initially seemed lifeless could be revived, with success or failure in each case measured by the difference between an Apgar score at one minute after birth, and a second score taken at five minutes. Credit scores.

Risk 356

Risk Testing Measurement Reporting 356

CIO Business Intelligence

NOVEMBER 7, 2023

As the end of 2023 approaches, it becomes imperative to assess the current landscape of cybersecurity threats, explore potential strategies to combat them, and explore the new practice measures that can be taken. PAM can help prevent insider threat risks and reduce the potential of credentials becoming compromised.

Measurement 118

Measurement Risk Strategy Statistics 118

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.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

datapine

OCTOBER 7, 2020

What gets measured gets done.” – Peter Drucker. In essence, they are able to learn from historical data and adjust for present and future operational and strategic performance. By setting operational performance measures, you will know what is happening at every stage of your business. Who will measure it?

KPI 269

KPI Metrics Sales Visualization 269

datapine

DECEMBER 28, 2021

These controlling measures are essential and should be part of any experiment or survey – unfortunately, that isn’t always the case. Drinking tea increases diabetes by 50%, and baldness raises the cardiovascular disease risk up to 70%! The above graph/chart was presented as a point of emphasis. So, can statistics be manipulated?

Statistics 363

Statistics Advertising Visualization Data mining 363

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.

IT 136

IT Risk Cost-Benefit Consulting 136

O'Reilly on Data

APRIL 23, 2024

Fast forward to the present, and Amazon has clearly given up on the goal of finding the best result for its users. Closer to the present, risk analysis focuses on social problems like bias, misinformation, and hate speech, or the potential spread of biological and nuclear capabilities. I think not.

Advertising 279

Advertising Cost-Benefit Marketing Risk 279

datapine

AUGUST 12, 2020

When the presentation becomes interactive, clicks will provide even deeper insights into your financial KPIs, findings, and desired outcomes to make a company healthy in its financial operations. By gathering all your findings into one single CEO dashboard , the information presented is clear and specific to the management’s needs.

Reporting 297

Reporting Dashboards Visualization Cost-Benefit 297

O'Reilly on Data

MAY 18, 2020

This article answers these questions, based on our combined experience as both a lawyer and a data scientist responding to cybersecurity incidents, crafting legal frameworks to manage the risks of AI, and building sophisticated interpretable models to mitigate risk. AI incidents, in other words, don’t require an external attacker.

Risk 361

Risk Modeling Data Processing Software 361

IBM Big Data Hub

FEBRUARY 16, 2024

These defects are often expensive, difficult to identify and present a myriad of significant risks to customer satisfaction. The customer almost immediately realized measurable success due to the significant reduction in defects. Ideally, they need to discover and fix any defects well before the automobile reaches the consumer.

Manufacturing 92

Manufacturing Visualization Data-driven Measurement 92

Smart Data Collective

SEPTEMBER 6, 2023

Furthermore, the tactics used by fraudsters are constantly evolving, making it difficult for traditional security measures to keep pace. This proactive approach to fraud detection can significantly reduce the risk of e-commerce fraud, protecting businesses and their customers. This is where e-commerce fraud software comes into play.

Software 105

Software Digital Transformation Measurement Predictive Analytics 105

CIO Business Intelligence

OCTOBER 2, 2023

Furthermore, the PMO serves as a centralized deposit of project-related information, such as status reports, identified risks and project interdependencies. According to Sargeant, companies in highly regulated industries, as well as organizations where projects present high levels of risk, often opt to implement a controlling PMO.

Management 117

Management Scorecard Key Performance Indicator Risk 117

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 100

IoT Internet of Things Manufacturing Risk 100

CIO Business Intelligence

APRIL 13, 2022

For a company to be successful, it should implement a governance program that is aligned with business goals — with a laser-like focus on achieving value while balancing risk. Defining Value but Ignoring Risk Is Disastrous Governance. It is about plan completeness and understanding dependencies — and the methodologies at play.

Measurement 59

Measurement Risk Testing Strategy 59

IBM Big Data Hub

FEBRUARY 5, 2024

Numerous individuals disclose confidential, personal data to commercial and public entities daily, necessitating that government institutions uphold stringent security measures to protect their assets. It is not enough to gather “static” context such as a user agent type, geolocation, IP address risk and so on.

Risk 86

Risk Cost-Benefit Measurement Management 86

Laminar Security

SEPTEMBER 18, 2023

Do you know the data risks of your regular backup practices? I’ve previously discussed the risk of shadow data (those data stores you didn’t even know you had), and the team specifically dove into how versioning (a feature used to protect from accidental deletion) can unintentionally create shadow data. How do you combat the risk?

Risk 128

Risk Testing Data Governance Metadata 128

IBM Big Data Hub

JANUARY 22, 2024

If collecting data from children, controllers must present privacy notices in child-friendly language. Organizations with less than 250 employees must keep records if they process highly sensitive data, process data regularly or process data in a way that poses a significant risk to data subjects.

Measurement 80

Measurement Risk Data Processing Data Collection 80

datapine

MAY 2, 2023

According to studies, 92% of data leaders say their businesses saw measurable value from their data and analytics investments. The rise of SaaS business intelligence tools is answering that need, providing a dynamic vessel for presenting and interacting with essential insights in a way that is digestible and accessible.

Big Data 275

Big Data Cost-Benefit Internet of Things Optimization 275

CIO Business Intelligence

APRIL 25, 2024

Additionally, traditional security measures often fall short of addressing the unique demands of AI technologies. To mitigate these risks, CIOs must implement AI-specific security protocols and conduct regular security audits, which take time, he added.

ROI 121

ROI Cost-Benefit Machine Learning Technology 121

CIO Business Intelligence

MAY 29, 2024

In one presentation, an Akamai senior vice president noted that his company had seen a 48% increase in web attacks over the previous year, with nearly 30% targeting organizations’ APIs. This is a primary concern, and there’s a wide range of companies, both established and startups creating a firewall or defenses around AI models.

Machine Learning 115

Machine Learning Enterprise Data-driven Modeling 115

O'Reilly on Data

JUNE 16, 2020

The quality of the decision is based on known information and an informed risk assessment, while chance involves hidden information and the stochasticity of the world. Consider risk not only in terms of likelihood but also in terms of the impact of your decisions. Risk, Probability, Impact, and Decisions.

Uncertainty 282

Uncertainty Testing Risk Reporting 282