DataRobot Blog

APRIL 29, 2022

This provides a great amount of benefit, but it also exposes institutions to greater risk and consequent exposure to operational losses. The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks.

Risk 111

Risk Modeling IT Risk Management 111

IBM Big Data Hub

SEPTEMBER 13, 2023

According to the Cost of a Data Breach 2023 Report by IBM, the average cost of a data breach reached a record high of USD 4.45 Incorporating an effective attack surface management tool into your security strategy can significantly help you mitigate the risks of data breaches. million this year.

Risk 95

Risk Management Strategy Measurement 95

O'Reilly on Data

OCTOBER 30, 2023

adversarial testing to determine a model’s flaws and weak points), and not a wider range of information that would help to address many of the other concerns outlined in the EO. Methods by which the AI provider manages and mitigates risks identified via Red Teaming, including their effectiveness.

Measurement 297

Measurement Risk Modeling Metrics 297

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 82

Risk Modeling Risk Management Measurement 82

O'Reilly on Data

JUNE 15, 2023

Should we risk loss of control of our civilization?” If we want prosocial outcomes, we need to design and report on the metrics that explicitly aim for those outcomes and measure the extent to which they have been achieved. If every company had a different way of reporting its finances, it would be impossible to regulate them.

Metrics 284

Metrics Reporting Measurement Finance 284

FineReport

FEBRUARY 17, 2021

What is Project Management Report? A project management report is a high-level overview of the current status of a project. Why is project management report critical? In short, project reporting provides project stakeholders with a window into what’s happening and what to do about it for the entire team.

Reporting 98

Reporting Management Dashboards Risk 98

CIO Business Intelligence

APRIL 12, 2024

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report.

Experimentation 139

Experimentation Reporting Testing Statistics 139

CIO Business Intelligence

AUGUST 16, 2023

But today, Svevia is driving cross-sector digitization projects where new technology for increased safety for road workers and users is tested. Digital alerts Another project deals with slow-moving vehicles, something that increases the risk of accidents on the roads. This leads to environmental benefits and fewer transports.

Risk 79

Risk Cost-Benefit Digital Transformation Internet of Things 79

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. End-to-end Data Lifecycle.

Risk 90

Risk Marketing Technology Management 90

CIO Business Intelligence

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Reporting of major ICT-related incidents : Regulation defines how organizations will need to classify and report ICT-related security incidents moving forward.

Risk Management 95

Risk Management Insurance Risk Testing 95

DataKitchen

MARCH 12, 2024

We kept adding tests over time; it has been several years since we’ve had any major glitches. Our vision was to create a flexible, state-of-the-art data infrastructure that would allow our analysts to transform the data rapidly with a very low risk of error. Data errors can cause compliance risks. That was amazing for the team.”

Metrics 117

Metrics Software Cost-Benefit Testing 117

CIO Business Intelligence

MARCH 11, 2024

It will improve project management, help with requirements creation, assist developers with coding, cover the system with auto-tests, report defects, and improve deployment. These include security and data privacy concerns, low-quality data, reputational risks, and immature technology, to name a few.

Software 82

Software Testing Data-driven Risk 82

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

O'Reilly on Data

FEBRUARY 26, 2021

These articles show you how to minimize your risk at every stage of the project, from initial planning through to post-deployment monitoring and testing. We’ve said that AI projects are inherently probabilistic. That’s true at every stage of the process. Product Management for AI.

Management 277

Management Testing Data Science Risk 277

FineReport

AUGUST 4, 2020

When selecting the reporting software , whether the reporting system will enable report developers to develop reports quickly would be the priority of the enterprise’s consideration. However, it’s common to ignore choosing the reports portal. And it is hard to customize the reporting systems.

Reporting 92

Reporting Sales Software Statistics 92

CIO Business Intelligence

MAY 30, 2024

The State of Generative AI in the Enterprise report from Deloitte found that 75% of organizations expect generative AI technology to impact talent strategies within the next two years, and 32% of organizations that reported “very high” levels of generative AI expertise are already on course to make those changes.

Digital Transformation 135

Digital Transformation Machine Learning Software Testing 135

DataKitchen

MARCH 5, 2024

The False Calm Before the Storm A lack of reported problems doesn’t guarantee a smooth sail ahead. ’ The Business Imperative: Need for Accuracy Regardless of current error reports, your business depends on data accuracy for making informed decisions. Yes, it was our fault, and the data was wrong for the past year.’

Data Quality 146

Data Quality Measurement Testing Data-driven 146

CIO Business Intelligence

DECEMBER 19, 2023

The analyst reports tell CIOs that generative AI should occupy the top slot on their digital transformation priorities in the coming year. Moreover, the CEOs and boards that CIOs report to don’t want to be left behind by generative AI, and many employees want to experiment with the latest generative AI capabilities in their workflows.

Digital Transformation 139

Digital Transformation Unstructured Data Machine Learning Risk Management 139

IBM Big Data Hub

JANUARY 19, 2024

Last year, companies spent USD 219 billion on cybersecurity and solutions alone, a 12% increase from 2022, according to a recent report by the International Data Corporation (IDC) (link resides outside ibm.com). Reducing costs: According to IBM’s recent Cost of Data Breach Report , the average cost of a data breach in 2023 was USD 4.45

Strategy 91

Strategy Cost-Benefit Testing Risk 91

DataKitchen

NOVEMBER 18, 2022

As he thinks through the various journeys that data take in his company, Jason sees that his dashboard idea would require extracting or testing for events along the way. So, the only way for a data journey to truly observe what’s happening is to get his tools and pipelines to auto-report events. Data and tool tests.

Testing 130

Testing Statistics Measurement Metrics 130

O'Reilly on Data

MAY 18, 2020

To date, at least 1,200 reports of AI incidents have been recorded in various public and research databases. 1 And, of course, the risks of model decay are exacerbated in times of rapid change. Taken together, AI is a high-risk technology, perhaps akin today to commercial aviation or nuclear power.

Risk 359

Risk Modeling Data Processing Software 359

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

CIO Business Intelligence

MARCH 3, 2024

For its 2023 Security Priorities report, Foundry surveyed 790 IT security workers to understand their projects and priorities. The adversaries, at least for now, have the upper hand on many global organisations,” the report concluded. Doing penetration testing. Its conclusions were less than optimal.

IT 97

IT Measurement Risk Testing 97

DataRobot Blog

JUNE 3, 2022

To understand the capabilities and address the risks of AI, all of us – developers, policy-makers, end-users, bystanders – must have a shared understanding of what AI is, how it can be applied to the benefit of humanity, and the risks involved when implementing it without guardrails in place to mitigate bias and harm. Download now.

Risk 52

Risk Predictive Modeling Modeling Technology 52

CIO Business Intelligence

MARCH 5, 2024

The ministry’s reaction, in the form of an advisory issued Friday, has attracted criticism from India’s IT sector because of the restrictions it places on innovation and the compliance risk it places on some enterprises. Are there test cases they have to pass, or assurances given on level of testing and support?”

Testing 120

Testing Modeling Cost-Benefit Reporting 120

Smart Data Collective

SEPTEMBER 8, 2022

With 125 million cases of reported data breaches in 2020, organizations have learned the hard way that they have to up their cybersecurity to prevent stolen and leaked information. Or skipping the error altogether and investing in specialized tools for regular testing and assessment such as Breach and Attack Simulation.

Testing 111

Testing Dashboards Risk Software 111

DataKitchen

NOVEMBER 28, 2022

In the survey, 97% reported experiencing burnout, 91% reported frequent requests for analytics with unrealistic or unreasonable expectations, and 87% reported getting blamed when things go wrong. . Production expectations reduce embarrassing errors to zero, including data and tool testing.

Testing 130

Testing Reporting Dashboards Visualization 130

DataKitchen

SEPTEMBER 20, 2021

The best way to ensure error-free execution of data production is through automated testing and monitoring. The DataKitchen Platform enables data teams to integrate testing and observability into data pipeline orchestrations. Automated tests work 24×7 to ensure that the results of each processing stage are accurate and correct.

Testing 246

Testing Metrics Measurement Dashboards 246

IBM Big Data Hub

DECEMBER 8, 2023

These teams are given the impossible task of driving down risk by patching software across their organization, with the hope that their efforts will help to prevent a cybersecurity breach. Does reducing the number of critical CVEs significantly reduce the risk of a breach?

Risk 68

Risk Testing Reporting Software 68

Cloudera

OCTOBER 18, 2023

In the ever-evolving landscape of the financial services Industry, change is a constant and transformation is a requirement — to stay at pace with new regulations, risk mitigation, and the technological developments that support transformation. Debugging: Identifying and fixing bugs in code is essential for application security.

Cost-Benefit 81

Cost-Benefit Testing Machine Learning Optimization 81

CIO Business Intelligence

JANUARY 11, 2024

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention.

Enterprise 109

Enterprise Uncertainty Risk Management Reporting 109

erwin

MARCH 12, 2020

The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management. In addition, customers want to ensure platforms are secure with sound coding practices and testing.

Enterprise 85

Enterprise Reporting Management ROI 85

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. It is a myth that the AI Act will hamper innovation.

Risk 105

Risk Testing Insurance Cost-Benefit 105

IBM Big Data Hub

FEBRUARY 16, 2024

Similar to other forms of security validation such as red teaming and penetration testing , BAS complements more traditional security tools by simulating cyberattacks to test security controls and provide actionable insights. How does breach and attack simulation work?

Testing 75

Testing IoT Reporting Data-driven 75

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” The average cost of a data breach is $4.64 The average cost of a data breach is $4.64

ROI 118

ROI IT Manufacturing Metrics 118

CIO Business Intelligence

OCTOBER 16, 2023

is designed to help to defend against the three most common attack vectors identified in Verizon’s annual Data Breach Investigations Report (DBIR). PCI DSS compliance is a robust defense that significantly mitigates the risks involved with all three. Compliance with PCI DSS v4.0 To these organizations, compliance with PCI DSS v4.0

Gap analysis 119

Gap analysis Consulting Risk Measurement 119

CIO Business Intelligence

NOVEMBER 9, 2023

While it addresses a broad spectrum of objectives for the AI ecosystem and builds upon previous directives related to AI, it is not without its challenges, notably a lack of accountability and specific timelines alongside potentially over-reaching reporting requirements.

Testing 120

Testing Reporting Data-driven Technology 120