CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. Then, you can develop a strategy that integrates advanced technologies to help you prevent (not just detect) them. And the only way to do this is to leverage advanced security technologies such as mobile cryptography.

Strategy 102

Strategy Risk Management Risk Measurement 102

Smart Data Collective

MAY 4, 2023

As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. Vendor security plays a pivotal role in third-party risk management.

Risk Management 79

Risk Management Key Performance Indicator Measurement Risk 79

CIO Business Intelligence

DECEMBER 28, 2023

But those tasks have become increasingly critical to organizational success in the modern era, as the number of laws, the complexity of doing business, the types of risks, and the use of technology have exploded in recent decades. Best practices, framework and technology have been developed to support this work.

Risk 102

Risk Risk Management Strategy Enterprise 102

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. In that post, I referenced Matt Josefowticz’s article – Technology May be the Answer for Insurers, but What Was the Question? , Finally, better managing risk relies on business ownership and collaboration.

Insurance 69

Insurance Risk Technology Management 69

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.

ROI 71

ROI Data Analytics Analytics Risk Management 71

IBM Big Data Hub

MARCH 20, 2024

Each year we see the challenges that enterprises face become more complex as they strive to keep up with the latest technologies, such as generative AI, and increasing customer expectations. This includes cyber incidents, technology failures, natural disasters and more. Similarly, in the U.S.

Risk Management 78

Risk Management Risk Enterprise Business Services 78

CIO Business Intelligence

AUGUST 30, 2023

As an example, the consultancy refers to how generative AI technology could potentially add $200 – $400 billion in added annual value to the banking industry if full implementation moves ahead on various use cases. Today, it is, as they create a mysterious new risk and attack surface to defend against.

Enterprise 131

Enterprise Risk Measurement Software 131

CIO Business Intelligence

AUGUST 4, 2023

As CIOs and technology leaders, we’re almost always in the role of the technology evangelist, bringing both mainstream and emerging technology into the organization for business benefit. Technology has always been used for positive and negative effect. If reversible, then there’s clearly less risk.

Risk 95

Risk Risk Management ROI Technology 95

IBM Big Data Hub

APRIL 4, 2024

Lots of innovation is happening, with new technologies emerging in areas such as data and AI, payments, cybersecurity and risk management, to name a few. Most of these new technologies are born-in-cloud. A third-party risk management review, where the ISV needs to describe how it is complying to required controls.

Cost-Benefit 59

Cost-Benefit Risk Management Risk Digital Transformation 59

CIO Business Intelligence

JUNE 21, 2022

Business practices and priorities shift frequently to accommodate emerging technologies, customer expectations, and product and service delivery demands. Effective governance ensures that the right technology investments are made at the right time to support organizational change and enable successful business outcomes,” she adds.

IT 113

IT Risk Measurement Risk Management 113

IBM Big Data Hub

DECEMBER 8, 2023

Step 2: Perform a risk assessment The next step is to quantify the level of risk for each risk identified during the first step. This is a key part of the risk mitigation plan since this step lays the groundwork for the entire plan. This approach may require the organization to compromise other resources or strategies.

Risk 72

Risk Strategy Risk Management Insurance 72

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 78

Risk Modeling Risk Management Measurement 78

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.

IT 110

IT Manufacturing Risk Management Risk 110

CIO Business Intelligence

APRIL 17, 2023

Thwarting financial crime is never easy, but by adopting the right cloud infrastructure and strategically deploying artificial intelligence (AI) technologies, financial institutions can get ahead of bad actors, gaining insight into their tactics, discovering their activity sooner, and preventing attacks before they lead to a loss.

Digital Transformation 97

Digital Transformation Risk Management Risk Consulting 97

CIO Business Intelligence

OCTOBER 4, 2023

Since 1998, the brand has evolved and grown in step with technology, and today, the size of its network and consumer use has made it a household name in digital payment systems. Initially, the company emerged from x.com and Confinity as a crypto company, developing P2P payments and using PalmPilot’s Beam technology. trillion last year.

Digital Transformation 127

Digital Transformation Deep Learning Data Lake Risk 127

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. FactSet has several datasets available in the AWS Data Exchange marketplace, which we used for reference data.

Data Warehouse 119

Data Warehouse Dashboards Risk Management Risk 119

DataRobot

OCTOBER 5, 2021

Evaluating and mitigating the risk that comes with any new technology has been standard practice for organizations since World War II. Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks.

Risk Management 95

Risk Management Testing Risk Data Science 95

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. To learn more, visit us here.

Digital Transformation 122

Digital Transformation Risk Cost-Benefit Risk Management 122

IBM Big Data Hub

DECEMBER 13, 2023

A balance of talent, technology, compliance, ethics and sustainability is needed to align procurement activities with corporate objectives. Gather diverse insights, understand needs and manage expectations. Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations.

Strategy 70

Strategy Cost-Benefit Key Performance Indicator Consulting 70

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

MARCH 4, 2024

Generative AI (gen AI) introduces transformative innovation to all aspects of a business; from the front to the back office, through ongoing technology modernization, and into new product and service development. As you pinpoint your AI technology, your decision impacts the other domains of AI+ Enterprise Transformation.

Enterprise 104

Enterprise ROI Risk Strategy 104

Laminar Security

DECEMBER 22, 2023

Implementing DSPM for cost reduction Effective implementation of Data security posture management (DSPM) can drive significant cost reductions in cloud storage by addressing three critical areas: risk management, access governance, and compliance. Data Access Governance (DAG) is pivotal for storage optimization.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

CDW Research Hub

MAY 24, 2021

Today’s digital risk and compliance profile requires developing an information security program based on a well-structured plan that includes people, processes and technologies, and focuses on the protection of information and information assets. Develop a security risk management program.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

Smart Data Collective

SEPTEMBER 28, 2021

In today’s modern era, AI and IoT are technologies poised to impact every part of the industry and society radically. Because most businesses devote their primary efforts to developing their brand, software applications, or network, new technologies are apt to transform how they operate. l Improved Risk Management.

IoT 132

IoT Internet of Things Cost-Benefit Consulting 132

CIO Business Intelligence

JUNE 12, 2023

The goal of the COBIT framework is to support “understanding, designing, and implementing the management and governance of enterprise IT (EGIT),” according to the ISACA. These updates included more information regarding governance surrounding information and communication technology.

Risk Management 72

Risk Management Strategy Digital Transformation Enterprise 72

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 83

Risk Management Risk Management Measurement 83

IBM Big Data Hub

DECEMBER 14, 2023

While the need for reliable, resilient, recoverable and corruption-free data governance has long been achieved by a backup and recovery routine, more modern techniques have been developed to support proactive measures that protect against threats before they occur. Cyber resiliency goes beyond mere cybersecurity measures.

Risk 84

Risk Measurement Business Objectives Optimization 84

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 Cross-platform support of scripting languages and data movement technologies. Risk Management and Regulatory Compliance. Risk Management and Regulatory Compliance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

CIO Business Intelligence

JUNE 8, 2023

Businesses are looking for tech pros with highly specialized skills, as they embrace digital transformation and increasingly rely on technology for core business. As demand for this role has grown, salaries for MIS managers have increased by 11% since 2021, according to Dice. Average salary: US$132,094 Increase since 2021: 10.8%

IT 138

IT Digital Transformation Software Risk 138

CIO Business Intelligence

APRIL 27, 2023

But despite the bumpy year, demand for technology skills remains strong, with the US tech unemployment rate dropping to 1.5% Companies can’t ignore digital transformation as technology continues to dominate nearly every aspect of business and daily-life. as of January. Average salary : US$153,354 Increase from 2021 : n/a 4.

IT 115

IT Software Risk Management 115

IBM Big Data Hub

OCTOBER 16, 2023

As more businesses use AI systems and the technology continues to mature and change, improper use could expose a company to significant financial, operational, regulatory and reputational risks. It encompasses risk management and regulatory compliance and guides how AI is managed within an organization.

Risk 75

Risk Modeling Management Metadata 75

CIO Business Intelligence

MARCH 24, 2023

While the incentives for ESG are compelling, managing programs and demonstrating success are fraught with challenges. But by adhering to the right standards and using technology to better organize programs, financial firms can gain a clearer vision of their ESG operations and speed up progress toward their goals.

Risk Management 52

Risk Management Consulting Metrics Data Quality 52

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 78

Cost-Benefit Testing Strategy Risk Management 78

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Fortunately, new technology and training processes can help fight data breaches. These include implementing strong password policies, encrypting data, and regularly updating software and hardware.

Internet of Things 91

Internet of Things Cost-Benefit Risk Software 91

Smart Data Collective

JUNE 24, 2021

One of the biggest implications of data analytics technology in the 21st Century is that it has led to a number of new cybersecurity solutions. There is actually an entire field known as cybersecurity analytics , which as its name implies, uses data analytics technology to create more robust cybersecurity solutions.

Data Analytics 92

Data Analytics Analytics Internet of Things Measurement 92

Cloudera

APRIL 19, 2023

With the emergence of new technologies, including privacy enhancing techniques (PETs) that further protect the customer, monetizing data has become more accessible than ever before. This includes implementing strong security measures, such as encryption and multi-factor authentication, and only collecting and using data with customer consent.

Data-driven 69

Data-driven Data Architecture Measurement Risk 69

CIO Business Intelligence

SEPTEMBER 2, 2022

New technologies, such as cryptocurrency and digital banking, have the potential to bridge opportunity gaps in financial services that have existed for decades. But financial services companies need skilled IT professionals to help manage the integration of new and emerging technology, while modernizing legacy finance tech.

Finance 98

Finance IT Software Reporting 98