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.

Risk 130

Risk Cost-Benefit Risk Management Manufacturing 130

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

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 78

Risk Modeling Risk Management Measurement 78

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

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

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.

Digital Transformation 111

Digital Transformation Risk Management Risk Machine Learning 111

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

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. The number of data breaches in the first nine months of 2020 dropped 30% compared to 2019, according to a report published by the Identity Theft Resource Center.

Risk Management 77

Risk Management Key Performance Indicator Measurement Risk 77

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 91

Big Data Risk Measurement Data mining 91

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? Cloud Management And the problem can’t be ignored.

Digital Transformation 97

Digital Transformation Risk Risk Management Data-driven 97

DataRobot Blog

DECEMBER 6, 2022

Taking a Multi-Tiered Approach to Model Risk Management. Understand why organizations need a three-pronged approach to mitigating risk among multiple dimensions of the AI lifecycle and what model risk management means to today’s AI-driven companies. Read the blog.

Experimentation 145

Experimentation Forecasting Data-driven Machine Learning 145

IBM Big Data Hub

DECEMBER 4, 2023

IBM’s governance framework is built around four core roles within the company: The Policy Advisory Committee: senior global leaders who provide oversight of the AI Ethics Board and help to establish the company’s strategy and risk tolerance. It helps accelerate responsible, transparent and explainable AI workflows.

Consulting 82

Consulting Risk Metadata Risk Management 82

CIO Business Intelligence

JULY 13, 2022

Here’s the secret to creating a board presentation on cybersecurity, according to Victor Shadare, head of cybersecurity at the international publishing giant Condé Nast : “The board doesn’t have time to look at detail as such. One risk mitigation strategy is to move away from passwords to more secure protocols.

Strategy 124

Strategy Risk Metrics Risk Management 124

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 262

Data Lake Unstructured Data Big Data Dashboards 262

CDW Research Hub

NOVEMBER 1, 2021

In Sirius’ second year participating in the MSSP Alert program, the company placed among the top 30% of MSSP providers on the list, further exemplifying how its proactive management solutions and services help enterprises mitigate security risks while improving overall operational efficiency and performance.

Risk Management 69

Risk Management Risk Management Enterprise 69

John Wheeler

AUGUST 16, 2018

Gartner published its inaugural Magic Quadrant for Integrated Risk Management (IRM) several weeks ago and feedback from end-user customers has been overwhelmingly positive. What is most noteworthy is the shift away from the old, monolithic governance, risk and compliance (GRC) software platforms.

Risk Management 56

Risk Management Marketing Recreation/Entertainment Risk 56

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

John Wheeler

NOVEMBER 29, 2018

One of the most common questions I receive from software vendors has to be “what’s the difference between governance, risk and compliance (GRC) and integrated risk management (IRM) solutions?” Gartner has been publishing research about integrated risk management (IRM) for the past two years.

Software 40

Software Risk Management Risk Marketing 40

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 80

Risk Reporting Data-driven Publishing 80

John Wheeler

APRIL 14, 2020

Interestingly, integrated risk management (IRM) topped the list as a result of increasing interest in business continuity, environment, health & safety (EH&S) and third-party risk management. Also, please note that these client inquiries may have addressed multiple topics.

Technology 59

Technology Risk Management Risk Forecasting 59

erwin

OCTOBER 17, 2019

The Regulatory Rationale for Integrating Data Management & Data Governance. Data security/risk management. Today’s enterprise embraces data governance to drive data opportunities , including growing revenue, and limit data risks, including regulatory and compliance gaffes. GDPR, HIPAA, SOX, CCPA, etc.)

Enterprise 106

Enterprise Digital Transformation Data Governance Risk Management 106

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. Model governance not only reduces risk, it helps to achieve fundamental business goals like production efficiency and profitability.

Machine Learning 145

Machine Learning Modeling Testing Risk 145

erwin

JULY 12, 2019

Identify regulatory risks and guide the fortification of network and encryption security standards and policies by understanding where all personally identifiable information is stored, processed and used. We help customers overcome their data governance challenges, with risk management and regulatory compliance being primary concerns.

Data Governance 110

Data Governance Management Metadata Risk Management 110

CDW Research Hub

OCTOBER 21, 2020

In Sirius’ first year participating in the MSSP Alert program, the company was recognized as a top 20% MSSP provider, further exemplifying how its proactive management solutions and services help enterprises mitigate security risks while improving overall operational efficiency and performance.

Risk Management 98

Risk Management Risk Management Enterprise 98

Octopai

JANUARY 19, 2020

BCBS 239 is a document published by that committee entitled, Principles for Effective Risk Data Aggregation and Risk Reporting. The document, first published in 2013, outlines best practices for global and domestic banks to identify, manage, and report risks, including credit, market, liquidity, and operational risks.

Metadata 61

Metadata Risk Management Business Intelligence Data Governance 61

CIO Business Intelligence

JULY 7, 2023

And citizens and employees rely on the board to ensure the management team will treat them right and have their best interests in mind. How does the NACD help its members prepare for and manage cyber risk? Does it maintain relevance and understand risks? That is a ‘doing good’ story. Does it maintain competitiveness?

Risk 116

Risk Finance Technology Strategy 116

Alation

AUGUST 17, 2022

The Risks of Early Data Governance Programs. The biggest risk was a lack of ownership. Too often, organizations don’t educate their users about data governance, security, and business risk,” claims analyst Jack Gold. If your definitions are bad, so is your governance/risk/security. Enterprise risk management.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

IBM Big Data Hub

JUNE 23, 2023

Our experts at IBM Consulting are taking a comprehensive look at generative AI for F&A and considering the need to balance risks. A recent report published by IBM’s Institute for Business Value (IBV) specifies key actions in response to one of seven bets proposed. Risk management and controls are an imperative in F&A.

Finance 61

Finance Consulting Data-driven Risk 61

erwin

JUNE 14, 2019

Netflix’s origins were similar – annihilating its former rival Blockbuster and the entire DVD rental market to become a dominant streaming platform and media publisher. Mitigating Digital Transformation Risks. Risks come with any investment. Disruption is the common theme.

Digital Transformation 111

Digital Transformation Data Governance Risk Data-driven 111

CIO Business Intelligence

NOVEMBER 23, 2022

In terms of business benefits, respondents cited improvements with the alignment of capabilities with strategy, business investment decisions, compliance and risk management, business processes, collaboration between functions, business insights, business agility and continuity , and a faster time to market and innovation.

Enterprise 128

Enterprise Cost-Benefit Digital Transformation Strategy 128

Ontotext

JULY 6, 2023

Let’s consider an example about risk and opportunity event detection. Case studies The risk and opportunity event detection use case discussed above combines all of Ontotext’s capabilities: storing and managing large amounts of data adding meaning to it (e.g.,, The solution brings many business benefits.

Cost-Benefit 52

Cost-Benefit Metadata Experimentation Risk 52

FineReport

FEBRUARY 17, 2021

Risk management. Here, project managers should summarize all predicted risks so that stakeholders can obtain a clear risk assessment and prepare plan B. Viewers can track key information such as progress, costs, quality, and risks at a glance. Project Management Dashboard (by FineReport).

Reporting 98

Reporting Management Dashboards Risk 98

IBM Big Data Hub

FEBRUARY 8, 2024

1 Slowly but surely, institutional investors started to recognize that companies could potentially improve financial performance and risk management by focusing on ESG issues like greenhouse gas emissions. The total—$639 billion—shed light on how shareholders were starting to invest out of principle versus strictly profit.

Measurement 86

Measurement Metrics Reporting Strategy 86

Smart Data Collective

APRIL 16, 2021

The World Economic Forum has included cyber-attacks and data breaches in the list of top global risks in 2020. Although the threat hovers over every company, highly regulated industries, like legal, finance, education, healthcare, and publishing industry suffer the most amount of damage followed by a cybersecurity breach.

Enterprise 143

Enterprise Data-driven Data Processing Risk 143

CIO Business Intelligence

SEPTEMBER 20, 2023

Agile is an amazing risk management tool for managing uncertainty, but that’s not always obvious.” The key is recognizing that planning must be an agile discipline, not a standalone activity performed independently of agile teams. They are afraid of failure and the uncertainty of knowledge work, and so that’s stressful.

Digital Transformation 135

Digital Transformation Uncertainty Metrics Business Objectives 135

Jet Global

JANUARY 14, 2021

Find new ideas and classic advice on strategy, innovation and leadership, for global leaders from the world’s best business and management experts. Financial Management. Coverage includes original reporting on new accounting standards, recent capital-raisings, risk management, and professional career development.

Reporting 90

Reporting Finance Cost-Benefit Consulting 90

O'Reilly on Data

JULY 15, 2019

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

Machine Learning 38

Machine Learning Management Enterprise Risk Management 38