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.

Risk 129

Risk Cost-Benefit Risk Management Manufacturing 129

Andrew White

AUGUST 7, 2020

A data security strategy must address increasing risks associated with data residency, privacy and malicious activities. The post Data and Analytics Hype Cycles for 2020 Just Published! appeared first on Andrew White.

Publishing 104

Publishing Analytics Machine Learning Data-driven 104

Alation

JANUARY 9, 2023

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. The Increasing Focus On Data Risk Management. Download the complete white paper now.

Risk Management 52

Risk Management Risk Management Metadata 52

DataRobot Blog

MAY 10, 2022

Addressing the Key Mandates of a Modern Model Risk Management Framework (MRM) When Leveraging Machine Learning . The regulatory guidance presented in these documents laid the foundation for evaluating and managing model risk for financial institutions across the United States.

Risk 64

Risk Modeling Machine Learning Data Quality 64

Smart Data Collective

FEBRUARY 14, 2023

However, it is important to understand the benefits and risks associated with cloud computing before making the commitment. We published a post in the past on some of the companies that have benefited from cloud technology. However, there are some risks associated with using cloud-based software for business purposes.

Risk 93

Risk Cost-Benefit Software Technology 93

Analytics Vidhya

OCTOBER 17, 2022

This article was published as a part of the Data Science Blogathon. Businesses of all sizes are switching to the cloud to manage risks, improve data security, streamline processes and decrease costs, or other reasons. Introduction There are several reasons organizations should use cloud computing in the modern world.

Data Science 365

Data Science Risk Publishing Management 365

Jet Global

MARCH 30, 2021

A study published in the Journal of Management Accounting Research found a clear link between board risk oversight and more effective tax-planning practices. Take Responsibility for Risk Oversight. Engage in Risk-Monitoring Activities on a Regular and Systematic Basis. Foster an Appropriate Risk Mindset.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

John Wheeler

APRIL 16, 2021

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. The culmination of the review effort will be our inaugural “Emerging Technologies: Tech Innovators in IRM, 2021” report slated to publish in late June.

Risk Management 59

Risk Management Risk Management Internet of Things 59

Smart Data Collective

AUGUST 27, 2020

It’s important to know how to protect your own firm from spend risk, supply chain disruption while enhancing the company’s ability to thrive. It’s difficult to mitigate supply chain risk in the best of times. Here’s what you need to know about the uses and benefits of supply chain risk management.

Risk Management 101

Risk Management Risk Management Software 101

Analytics Vidhya

JULY 6, 2022

This article was published as a part of the Data Science Blogathon. Investing strategies vary depending on the investor’s risk appetite and goals (long term or short term). Introduction Investing Strategies are essential since they determine whether you gain or lose money.

Strategy 347

Strategy Data Science Risk Publishing 347

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? They need to understand;

Risk 80

Risk Modeling Risk Management Measurement 80

Analytics Vidhya

APRIL 1, 2022

This article was published as a part of the Data Science Blogathon. Borrowers who default on loans not only damage their credit but also risk being sued […]. Introduction A loan default occurs when a borrower takes money from a bank and does not repay the loan. People often default on loans due to various reasons.

Machine Learning 341

Machine Learning Data Science Risk Publishing 341

Laminar Security

JUNE 29, 2023

Using a risk-based approach to deal with policy violations and continuous compliance monitoring will help avoid data exposures and fines. Organizations risk significantly increasing public cloud data risks if they don’t take necessary steps to improve its security. Public cloud spending and adoption is growing fast.

Risk 52

Risk Big Data Testing Management 52

John Wheeler

AUGUST 19, 2019

Gartner’s “Hype Cycle for Risk Management, 2019” report was published almost a month ago and reader response has been overwhelmingly positive. In this year’s report, we highlight the need for a “PRACtical” view of risk management technologies to fuel digital business growth.

Risk Management 73

Risk Management Risk Technology Management 73

Smart Data Collective

JUNE 19, 2019

The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse. Tips for Improving Risk Management When Handling Big Data. Risk management is a crucial element of any successful organization.

Risk Management 69

Risk Management Risk Management Big Data 69

Smart Data Collective

MAY 15, 2019

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 has created a number of security risks for Bluetooth users. Bluetooth Security Risks in the Age of Big Data. The best way to reduce the risk is to turn Bluetooth off.

Big Data 90

Big Data Risk Measurement Data mining 90

Decision Management Solutions

APRIL 23, 2019

In February, we published a blog post on “Using Technology to Add Value in Insurance”. in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better.

Insurance 69

Insurance Risk Technology Management 69

O'Reilly on Data

JUNE 15, 2023

Most notably, The Future of Life Institute published an open letter calling for an immediate pause in advanced AI research , asking: “Should we let machines flood our information channels with propaganda and untruth? Should we risk loss of control of our civilization?” The hand wringing soon began.

Metrics 283

Metrics Reporting Measurement Finance 283

CIO Business Intelligence

FEBRUARY 7, 2024

OpenAI, Google DeepMind, Microsoft, and Meta are among companies who have agreed to allow the UK’s new AI Safety Institute (AISI) to evaluate their models, but they aren’t happy with the current pace or transparency of the evaluation, according to a published report in the Financial Times, which cited sources close to the companies.

Testing 121

Testing Reporting Risk Modeling 121

CIO Business Intelligence

DECEMBER 11, 2023

“This regulation aims to ensure that fundamental rights, democracy, the rule of law and environmental sustainability are protected from high risk AI, while boosting innovation and making Europe a leader in the field,” said the press release issued by European Parliament.

Risk 116

Risk Testing Insurance Cost-Benefit 116

TDAN

FEBRUARY 14, 2023

In the publishing industry, there are a lot of things we can measure. Not only that, but we can put our business at serious risk of non-compliance. However, if there is no strategy underlining how and why we collect data and who can access it, the value is lost. Ultimately, data governance is central to […]

Data Governance 98

Data Governance Data Analytics Analytics Measurement 98

IBM Big Data Hub

MARCH 25, 2024

A team of female leaders from the AI Ethics Board and IBM’s AI Ethics Project Office drew on experts from across IBM to publish this point of view on foundation models.

Risk 98

Risk Machine Learning Technology Modeling 98

John Wheeler

MARCH 5, 2021

Now that we are recovering from the COVID-19 pandemic crisis, our clients are now looking forward to deploy new ways of managing risk. They can no longer look to the past as an exclusive indicator of what risks may lie ahead. Simply put, business leaders need a better way to manage risks.

Risk Management 105

Risk Management Risk Technology Management 105

CIO Business Intelligence

SEPTEMBER 20, 2023

Risk Management: CISOs must assess and manage the risks posed by new technologies and changing threat landscapes. Employee Awareness: Effective employee training and awareness is critical in ensuring that staff are not unwittingly exposing the organization to cyber risks. The recent executive order signed by the U.S.

Digital Transformation 108

Digital Transformation Risk Management Risk Machine Learning 108

CIO Business Intelligence

JANUARY 25, 2024

Two-thirds of risk executives surveyed by Gartner consider gen AI a top emerging risk. McAfee counters that such risks are manageable. These risks are things you have to worry about with any other large-scale database technology project—but they’re not terrifying, and you have a great deal to gain,” says McAfee.

Strategy 95

Strategy Risk ROI Sales 95

Analytics Vidhya

AUGUST 31, 2022

This article was published as a part of the Data Science Blogathon. Introduction A data lake is a central data repository that allows us to store all of our structured and unstructured data on a large scale.

Data Lake 270

Data Lake Unstructured Data Big Data Dashboards 270

IBM Big Data Hub

DECEMBER 8, 2023

With over 20,000 Common Vulnerabilities and Exposures (CVEs) being published each year 1 , the challenge of finding and fixing software with known vulnerabilities continues to stretch vulnerability management teams thin. Does reducing the number of critical CVEs significantly reduce the risk of a breach?

Risk 72

Risk Testing Software Reporting 72

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. What’s the answer to coping with the dynamic nature of risks? And the problem can’t be ignored. Find more about it here. [1] Cloud Management

Digital Transformation 84

Digital Transformation Risk Risk Management Data-driven 84

O'Reilly on Data

MARCH 9, 2021

The following projects have a different flavor: In February, PLOS Genetics published an article by researchers who are using GANs (Generative Adversarial Networks) to create artificial human genomes. Playing Chess and Go or building ever-better language models have been AI projects for decades.

Modeling 363

Modeling Publishing Risk Reporting 363

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 359

Risk Modeling Data Processing Software 359

John Wheeler

AUGUST 17, 2021

The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services.

Risk Management 52

Risk Management Risk Forecasting Publishing 52

datapine

MAY 31, 2022

In fact, the Foundry’s recently published Cloud Computing Study (2022) found that 84% of organizations have at least one application, or a portion of their computing infrastructure already in the cloud. This increases the risks that can arise during the implementation or management process. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

DECEMBER 20, 2022

This article explores some of the most common misconfiguration risks and how you can address them to tighten up cloud security. Meanwhile, while newer, less-tenured staff may be more accustomed to publishing data to the cloud, they’re not necessarily accustomed to dealing with security, leading to configuration missteps.

Risk 139

Risk Management Publishing Strategy 139

Smarten

OCTOBER 10, 2023

Gartner defines Data and Analytics (D&A) as, ‘…the ways organizations manage data to support all its uses, and analyze data to improve decisions, business processes and outcomes, such as discovering new business risks, challenges and opportunities.’

Reporting 67

Reporting Analytics Forecasting Data Integration 67

CIO Business Intelligence

NOVEMBER 20, 2023

Where should companies invest in generative AI strategies to get the biggest payoffs with the lowest risks? This is absolutely a low-risk, high-reward use case,” says Condell. This article was originally published on The Works Generative AI

Interactive 124

Interactive Risk ROI Testing 124

IBM Big Data Hub

SEPTEMBER 15, 2023

These requirements will likely mandate publicly traded companies to disclose their greenhouse gas (GHG) emissions footprint, climate-related goals, and progress, as well as climate-risk related financial impact and expenditures. Furthermore, companies would need to disclose the price and rationale for internal carbon prices.

Risk 76

Risk Reporting Data-driven Publishing 76

IBM Big Data Hub

JANUARY 25, 2024

. “For most of the over 6,000 languages in the world, the text data available is not enough to train a large-scale foundation model” (from “ On the Opportunities and Risks of Foundation Models ,” Bommasani et al., What are the risks for disparate impact? How are you assessing fairness?

Modeling 88

Modeling Predictive Modeling Risk Statistics 88