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Digital Risk “Techquilibrium” Requires IRM
John Wheeler
OCTOBER 21, 2019
Over the past month, I’ve been speaking to various groups to help them prepare for the onslaught of digital risks in their organizations. Digital Risk Management – Gartner.
Risk Related Topics 
Managing risk in machine learning
O'Reilly on Data
NOVEMBER 13, 2018
Continue reading Managing risk in machine learning Considerations for a world where ML models are becoming mission critical. In this post, I share slides and notes from a keynote I gave at the Strata Data Conference in New York last September.
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A “PRACtical” View of Emerging Risk Management Technologies
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. Hype Cycle for Risk Management, 2019 Source: Gartner.
The Hidden Risk of AI and Big Data
KDnuggets
SEPTEMBER 20, 2019
2019 Sep Opinions AI Big Data Causation Correlation Overfitting RiskWith recent advances in AI being enabled through access to so much “Big Data” and cheap computing power, there is incredible momentum in the field. Can big data really deliver on all this hype, and what can go wrong?
Driving Discovery and Experimentation in your Organization
Speaker: Teresa Torres, Product Discovery Coach, Product Talk, David Bland, Founder and CEO, Precoil, and Hope Gurion, Product Coach and Advisor, Fearless Product LLC
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Strata San Francisco, 2019: Opportunities and Risks
O'Reilly on Data
APRIL 12, 2019
Balancing risk and reward is a necessary tension we'll need to understand as we continue our journey into the age of data. What about the risks? The risks of a hostile, militarized network are real. Continue reading Strata San Francisco, 2019: Opportunities and Risks
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Data Scalability Raises Considerable Risk Management Concerns
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. Vendor Risk Management (VRM).
Hands-On Introduction to creditR: An Amazing R Package to Enhance Credit Risk Scoring and Validation
Analytics Vidhya
MARCH 6, 2019
The post Hands-On Introduction to creditR: An Amazing R Package to Enhance Credit Risk Scoring and Validation appeared first on Analytics Vidhya. Data Science Machine Learning R Credit Risk data science machine learningIntroduction Machine learning is disrupting multiple and diverse industries right now. One of the biggest industries to be impacted – finance. Functions like fraud.
Open Source Security Risks and Vulnerabilities to Know in 2019
DataFloq
MAY 16, 2019
Despite the pros of open source projects, there are issues with security risks and code vulnerabilities when using components from such projects. This article informs you of some of the main open source security risks and vulnerabilities you should know about in 2019.
Managing mortgage risk in an uncertain world
Cloudera
MARCH 28, 2019
The trouble is, mortgage lenders persist in relying on historical macro-economic assumptions in their models so they risk repeating the errors of a decade ago when banks – and their regulators – failed to recognize the warning signs from a far richer source: low-level micro-economic data. They also fail to model the effects of fear and the risk of contagion. Risk management 3.0. The post Managing mortgage risk in an uncertain world appeared first on Cloudera Blog.
AI Advances Minimize Risk of Site Accessibility Lawsuits in eCommerce
Smart Data Collective
AUGUST 2, 2019
Now, a new benefit of AI is joining the list: avoiding the risk of website accessibility lawsuits. The post AI Advances Minimize Risk of Site Accessibility Lawsuits in eCommerce appeared first on SmartData Collective. AI has become an important factor in the ecommerce industry.
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Taking Smarter Risks to Monetize Your Data
Sisense
SEPTEMBER 5, 2019
For modern organizations, data is the ultimate building block. High profile companies are using data to build profitable new products, new lines of business, even entirely new industries. It’s the starting point and the finish line for every new business creation.
Beyond Explainability: A Practical Guide to Managing Risks in Machine Learning Models
KDnuggets
SEPTEMBER 20, 2019
This white paper provides the first-ever standard for managing risk in AI and ML, focusing on both practical processes and technical best practices “beyond explainability” alone. 2019 Sep News Explainability Immuta Machine Learning Privacy Risks White PaperDownload now.
Why Technology Providers Now “Get IRM”
John Wheeler
SEPTEMBER 16, 2019
This past week, I enjoyed meeting with over 1,000 attendees at our annual Gartner Security and Risk Management Conference in London. At the event, the overwhelming feedback received is that integrated risk management (IRM) is needed now more than ever.
FP&A Digital Transformation: Balancing Risk & Outcomes
Jedox
APRIL 10, 2019
When embracing better-practice, balancing risk to return can be complex and choosing a path that delivers high business value, with minimum disruption is not always easy. This approach meant they avoided the risk of waiting 6-12 months to get any result.
Here’s Why IRM Solutions Are Superior to Archaic GRC Technology
John Wheeler
MAY 2, 2019
Gartner clients are consistently searching for ways to improve their risk management programs to deliver greater value to the enterprise. That’s why Gartner has been promoting integrated risk management (IRM) solutions for the past 4 years.
4 Ways Big Data Has Made Bluetooth A Terrifying Security Risk
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.
Are You Ready for Some IRM? Gartner’s 2018 Security & Risk Summit Events Span the Globe
John Wheeler
APRIL 30, 2018
1) State of Risk Management, 2018 . Risk management continues to be an area of growing maturity and investment for most organizations, as the risk landscape becomes increasingly complex and interconnected. 2) How IRM Fits Into a Digital Risk Management Solution Stack.
Can AI Remove The Risk From EHRs?
Smart Data Collective
APRIL 18, 2019
The post Can AI Remove The Risk From EHRs? When the Obama administration authorized the law that would fund the expansion of electronic health records (EHRs), the idea was that this would transform American healthcare. Records would become readily portable and individuals and their doctors would have easy access to this information when it’s needed most.
What are the Security Risks of Multi-Cloud Computing?
Nutanix
OCTOBER 17, 2019
As if there weren’t enough security risks in the realm of traditional IT, the cloud presents some unique vulnerabilities. The cloud,” although a deceptively singular phrase, is many things and comes in many forms
KDnuggets™ News 19:n36, Sep 25: The Hidden Risk of AI and Big Data; The 5 Sampling Algorithms every Data Scientist needs to know
KDnuggets
SEPTEMBER 25, 2019
Learn about unexpected risk of AI applied to Big Data; Study 5 Sampling Algorithms every Data Scientist needs to know; Read how one data scientist copes with his boring days of deploying machine learning; 5 beginner-friendly steps to learn ML with Python; and more. KDnuggets 2019 Issues AI Algorithms Beginners Python Risks Sampling
GRC 2020: The Approaching Year of Final Demise
John Wheeler
JULY 15, 2019
Gartner kicked-off it’s global series of 2019 Security & Risk Management Summit Conferences last month in Washington, DC. One of the major trends receiving overwhelming attendee support is GRC (governance, risk and compliance) technology is quickly fading in use.
Governance in Healthcare: Beyond Compliance, Risk and Analytics
Perficient Data & Analytics
JANUARY 29, 2019
Data & Analytics Healthcare Integration & IT Modernization Governance governance analytics healthcare healthcare analytics healthcare compliance healthcare governance healthcare risk
4 Reasons Why GRC Is a Useless Term
John Wheeler
MARCH 6, 2019
It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. These end-user needs and resulting demand led to the definition of a new technology marketplace – integrated risk management (IRM).
AI For Video Editing Software: Do The Benefits Outweigh The Risks?
Smart Data Collective
JUNE 14, 2019
However, there are other risks from a societal standpoint. There is already a risk that they can prejudicially tent the jury. Critics have raised some valid concerns about the risks of artificial intelligence in video editing.
IRM Is Essential for Digital Transformation Success
John Wheeler
DECEMBER 18, 2018
Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.
Let Your Data Protect You From Supply Chain Risks
Tamr
MARCH 26, 2019
We have seen that mastered supplier data enriched with various strategic data sources continue to help large enterprises put in place new systems to not only generate additional insights, but mitigate risks of supply chain disruptions that could cost them millions of dollars. This risk is particularly tricky to manage given the current global economy with multiple layers of third-party risks. Identify At-Risk Suppliers Based on Another Supplier’s Performance.
Supplier Risk Assessment: Now Empowered with Data Science
ScienceSoft
APRIL 30, 2019
Data science with its deep learning algorithms allows for data-driven assessment of supplier risks. Is this approach good enough to undermine the position of a traditional one? Let’s explore how it works and what its advantages and limitations are
How Florida International University Identifies and Helps At-Risk Students using Machine Learning
DataRobot
JUNE 5, 2019
We spoke with two faculty members at Florida International University (FIU) to learn how they address this issue to successfully help at-risk students overcome obstacles in their academic careers.
What are the Security Risks of Multi-Cloud Computing?
Nutanix
AUGUST 15, 2019
As if there weren’t enough security risks in the realm of traditional IT, the cloud presents some unique vulnerabilities. The cloud,” although a deceptively singular phrase, is many things and comes in many forms
IRM Market Visionaries and Challengers Join Forces to Battle Leaders
John Wheeler
FEBRUARY 11, 2019
In the span of a week, the integrated risk management (IRM) technology market has experienced significant consolidation.
Managing Risk in Data Projects
Dataiku
OCTOBER 2, 2019
It’s probably safe to say that for at least some of those explorers, the prospect of risk when it comes to data and AI projects is paralyzing, causing them to stay in a phase of experimentation.
Using Technology to Better Manage Risk in Insurance
Decision Management Solutions
APRIL 23, 2019
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. One of the most significant ways in which carriers manage risk is through the underwriting, adjustment and pricing process. The use of predictive analytics in the underwriting decision increases the efficiency and consistency of risk evaluation.
What are the Security Risks of Multi-Cloud Computing?
Nutanix
SEPTEMBER 1, 2019
As if there weren’t enough security risks in the realm of traditional IT, the cloud presents some unique vulnerabilities. The cloud,” although a deceptively singular phrase, is many things and comes in many forms
Managing Third-Party Risk: Lessons from the Wipro Breach
Sirius Computer Solutions
APRIL 29, 2019
Third-Party Risk Management Basics. Third-party risk management is the process of analyzing and controlling risks to your company’s data, finances and operations by outside parties. As soon as a portal or credential is shared with these parties, you are at risk.
GDPR Requires IRM For Fast and Effective Response
John Wheeler
SEPTEMBER 14, 2018
This week, Gartner hosted its annual Security & Risk Management Summit in London and the buzz at the event centered on the new risks associated with the General Data Protection Regulation (GDPR).
Why Leading Software Vendors Are Dumping GRC for IRM
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?” Also, read more about risk management topics in my latest Gartner research.
2 Success Factors Every Top IRM Tech Solution Must Deliver
John Wheeler
JUNE 29, 2018
The same can occur for integrated risk management (IRM) technology customers. At the same time, IRM technology must ensure the objectives remain in alignment with the risk management goals of key stakeholders such as the board of directors, senior executives, regulators and investors.
Innovative IRM Solutions Disrupt Outdated GRC Market
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. The question for risk management technology end-users has become “Who will be the last GRC software provider?”
Recent Cyber Attacks Demonstrate Why IRM is Critical for ERM Success
John Wheeler
OCTOBER 12, 2018
So, how can these emerging risks be managed to limit the amount of business disruption? ERM programs typically are effective for companies looking to better understand their strategic risks (particularly their financial and reputational risks that can result in catastrophic business failure).
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