Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. AI technology is helping with cybersecurity in a myriad of ways. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. One of the most striking examples is in the field of cybersecurity.

Technology 93

Technology Risk Measurement IoT 93

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? Generate Scenarios.

Risk 78

Risk Modeling Risk Management Measurement 78

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? , Let’s dive into greater detail on the second lever – Manage Risk Better.

Insurance 69

Insurance Risk Technology Management 69

IBM Big Data Hub

APRIL 19, 2024

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

Management 94

Management Internet of Things Risk IoT 94

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 77

Risk Modeling Management Metadata 77

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 104

Strategy Risk Management Risk Measurement 104

CIO Business Intelligence

JUNE 23, 2023

Determining the right mix of technologies and methodologies to support an entire organization can be overwhelming – and can keep IT leaders up at night. It helps reduce risk, increase efficiency, optimize resources, and improve both the customer and employee experience.

IT 97

IT Risk Management Risk Optimization 97

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.

Enterprise 131

Enterprise Risk Measurement Software 131

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 80

Risk Management Risk Enterprise Business Services 80

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. These steps can help reduce the risks of data breaches.

Risk Management 78

Risk Management Key Performance Indicator Measurement Risk 78

Smart Data Collective

JULY 16, 2023

The Imperative of Risk Mitigation A crucial element in the world of financial investments is effective hedge fund management. Optimizing hedge fund performance requires the implementation of intelligent strategies, from managing risks to maximizing returns, improving investor relations, and adapting to shifting market conditions.

ROI 71

ROI Data Analytics Analytics Risk Management 71

Smart Data Collective

MAY 15, 2019

Big data has created both positive and negative impacts on digital technology. On the one hand, big data technology has made it easier for companies to serve their customers. On the other hand, big data has created a number of security risks that they need to be aware of, especially with brands leveraging Hadoop technology.

Big Data 93

Big Data Risk Measurement Data mining 93

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 61

Cost-Benefit Risk Management Risk Digital Transformation 61

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. Respond to threats quickly.

Digital Transformation 123

Digital Transformation Risk Cost-Benefit Risk Management 123

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 114

IT Risk Measurement Risk Management 114

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 120

Data Warehouse Dashboards Risk Management Risk 120

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 107

Enterprise ROI Risk Strategy 107

Laminar Security

DECEMBER 22, 2023

By using DSPM tools to pinpoint and remove ROT data, businesses can both reduce their storage needs and also streamline their operations while minimizing the risk of data breaches. Without proper management, the costs associated with storing unnecessary data can become a substantial financial burden.

Cost-Benefit 95

Cost-Benefit Risk Optimization Risk Management 95

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 111

IT Manufacturing Risk Management Risk 111

IBM Big Data Hub

DECEMBER 14, 2023

To combat these ever-growing risks, the concept of cyber resiliency has gained significant importance. IBM FlashSystem® has bolstered existing tasks like error detection and immutable copies with greater functionality, including error code detection, immutability sections and centralized landscape management.

Risk 86

Risk Measurement Business Objectives Optimization 86

DataRobot

OCTOBER 5, 2021

But the technology’s ability to unleash rapid impact with great scope and unique dimensions can also increase organizational risk. For companies implementing AI systems, that risk extends beyond revenue to the reputational damage of using an algorithm that is perceived to be discriminatory or harmful to vulnerable groups.

Risk Management 95

Risk Management Testing Risk Data Science 95

IBM Big Data Hub

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. A balance of talent, technology, compliance, ethics and sustainability is needed to align procurement activities with corporate objectives.

Strategy 73

Strategy Cost-Benefit Key Performance Indicator Consulting 73

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

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 129

Digital Transformation Deep Learning Data Lake Risk 129

CIO Business Intelligence

APRIL 17, 2023

As consumers embrace ecommerce, digital banking, and online payment applications, the risk of fraud and other financial crimes has increased dramatically. They sell stolen data on the dark web, where they form alliances to trade tactics and technologies, such as AI algorithms that can crack even the most complex passwords in seconds.

Digital Transformation 99

Digital Transformation Risk Management Risk Consulting 99

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 85

Risk Management Risk Management Measurement 85

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

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. 4 But is it too broad to be useful? How Material Is the Threat?

Risk 359

Risk Modeling Data Processing Software 359

bridgei2i

APRIL 23, 2020

At least four staff members of (Royal bank of Scotland (RBS) died : the managers of Walton and London Mincing Lane branches, a female clerk at Islington, and a boy clerk at Deptford. Europe is in worse shape than America, with banks in UK, Italy and Germany in the risk of being in red. Understanding & Managing Risks.

Risk 52

Risk Management Scorecard Forecasting 52

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 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. The demand for project managers has grown, with salaries for this role increasing by 15.6% percent since 2021, according to Dice.

IT 139

IT Digital Transformation Software Risk 139

CIO Business Intelligence

JULY 6, 2023

They use integration and analytics tools from the SAP Business Technology Platform along with the PwC best practices to link with client systems and provide a tool to meet the needs of both the goals and the laws. The PwC risk methodology provides continuous monitoring and analysis of 13 thematic areas including child labor and slavery, etc.

Cost-Benefit 79

Cost-Benefit Risk Digital Transformation Risk Management 79

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 111

IT Cost-Benefit Risk Consulting 111

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 90

Internet of Things Cost-Benefit Risk Software 90

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 75

Risk Management Strategy Digital Transformation Enterprise 75

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