Managing risk in machine learning

O'Reilly on Data

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 New Era for Global Risk

Corinium

Disasters drive innovation in the insurance industry. Business Intelligence

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A “PRACtical” View of Emerging Risk Management Technologies

John Wheeler

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.

Digital Risk “Techquilibrium” Requires IRM

John Wheeler

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.

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How to Solve 4 Common Challenges of Legacy Information Management

Speaker: Chris McLaughlin, Chief Marketing Officer and Chief Product Officer, Nuxeo

After 20 years of Enterprise Content Management (ECM), businesses still face many of the same challenges with finding and managing information. Join Chris McLaughlin, CMO and CPO of Nuxeo, as he examines four common business challenges that these legacy ECM systems pose and how they can be addressed with a more modern approach.

Connected And Autonomous Vehicles: A Privilege Or A Cyber-Risk?

DataFloq

One thing we continue to hear again and again in regards to coming technological advancements relates to the benefits of connected and autonomous vehicles and how they will drastically improve our way of life.

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Deepfakes Security Risks

KDnuggets

Deepfakes have instilled panic in experts since they first emerged in 2017. Microsoft and Facebook have recently announced a contest to identify deepfakes more efficiently. 2020 Jan Opinions AI Deep Fakes Security

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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

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).

How To Manage The Risks Within Enterprise Analytics

DataFloq

Today, organisations are becoming increasingly data-driven. Business users now have greater than ever access to data & analytics technologies so that they can obtain current insights on their KPIs.

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The Hidden Risk of AI and Big Data

KDnuggets

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?

Risk 111

Hands-On Introduction to creditR: An Amazing R Package to Enhance Credit Risk Scoring and Validation

Analytics Vidhya

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.

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Add User Tests to Your Agile Process: Reduce Risk in Shipping New Products

Agile has become the go-to methodology for companies that want to reduce the risk involved in shipping new products. But how do you prevent building items nobody wants? If you wait to get user feedback until after development, then you’ve waited too long.

Spot Supply Chain Risk with Data Mastering

Tamr

Warren Buffett, the world’s most famous investor, has a great quote about managing risk. “It’s This is prudent investment advice – but it’s also a great lesson for today’s supply chain leaders about risk exposure.

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The Fourth Industrial Revolution Risks Leaving Women Behind

Corinium

The Fourth Industrial Revolution is, ostensibly, upon us. The term was coined in 2016 by Klaus Schwab, the founder and executive chairman of the World Economic Form. Data Science Africa

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Open Source Security Risks and Vulnerabilities to Know in 2019

DataFloq

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.

Risk 246

Managing mortgage risk in an uncertain world

Cloudera

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.

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Streamlining the AI model risk management process

IBM Big Data Hub

But some AI models can add complexity and risk. You can minimize that risk and also streamline the process of model validation by using IBM Cloud Pak for Data , a data and AI platform that includes IBM Watson Studio, Watson Machine Learning, Watson OpenScale and other services

Serverless and Containers: How to Choose the Right Application Strategy

Speaker: Tolga Tarhan, Senior Vice President, GM AWS Services at Onica

When it comes to the modern tech stack, one of the fastest changing areas is around containers, serverless, and choosing the ideal path to cloud native computing. How do you as a technology leader point your team in the right direction, especially given how quickly this is evolving?

AI Advances Minimize Risk of Site Accessibility Lawsuits in eCommerce

Smart Data Collective

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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COVID-19 Effects on Financial Services & Managing Risk

bridgei2i

The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Understanding & Managing Risks.

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Interview with Pragasen Pather, GM: IT Governance, Risk & Security, Sun International

Corinium

How are you creating a better-integrated security ecosystem in your organisation? My recipe to create an integrated ecosystem is to merge technology (operational and infrastructure) with business value(process) and culture(people).

Risk 195

Taking Smarter Risks to Monetize Your Data

Sisense

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.

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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

If you want to build what matters, you can't move forward blindly. But to make progress, you can't let things slow to a crawl while you focus resources on gathering data. This is where continuous discovery and experimentation come in. Join Teresa Torres (Product Discovery Coach, Product Talk), David Bland (Founder, Precoil), and Hope Gurion (Product Coach and Advisor, Fearless Product) in a panel discussion as they cover how - and why - to build a culture of discovery and experimentation in your organization.

Risks and safety – (just) an issue in times of crisis?

CONTACT Software

We suddenly realize how vulnerable our existence is and how our own … Continue reading "Risks and safety – (just) an issue in times of crisis?". Germany and almost all other countries are facing a crisis!

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How Big Data Analytics Improves Reputation Risk Management In Banking Sector

DataFloq

In the banking industry, trust is the largest bankable asset for any institution and its risk profiling happens to be the most volatile, complex, and regressional one among the non-systematic risks.

Here’s Why IRM Solutions Are Superior to Archaic GRC Technology

John Wheeler

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.

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4 Ways Big Data Has Made Bluetooth A Terrifying Security Risk

Smart Data Collective

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.

Risk 86

IRM Is Essential for Digital Transformation Success

John Wheeler

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.

Why Technology Providers Now “Get IRM”

John Wheeler

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.

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FP&A Digital Transformation: Balancing Risk & Outcomes

Jedox

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.

Are You Ready for Some IRM? Gartner’s 2018 Security & Risk Summit Events Span the Globe

John Wheeler

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.

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4 IRM Market Trends Will Accelerate in COVID-19 Recovery

John Wheeler

Integrated Risk Management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. As more businesses are maturing their risk management practices, the buying center for IRM is shifting.

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Track Debt-to-Equity Ratio for Better Understanding of Risk

Jet Global

Primarily because it gives companies a clear indication of their risk exposure as they move forward in an uncertain economy. Becoming overleveraged with debt raises the risk of insolvency because of the heavy repayment burden.

Risk 70

Why Data Chain of Custody is Essential to Reducing Product Liability Risks

Cloudera

billion by 2026 , the potential risk to patients can rise as well. With a growing number of recalls, now considered one of the most serious risks to public health, the healthcare industry is at a critical juncture for staying ahead of a largely avoidable problem before it snowballs.

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Can AI Remove The Risk From EHRs?

Smart Data Collective

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.

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GRC 2020: The Approaching Year of Final Demise

John Wheeler

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.

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4 Reasons Why GRC Is a Useless Term

John Wheeler

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).

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COVID-19: Risk Analytics for Building an Early Warning System

Teradata

Advanced analytics & AI techniques can help in curtailing the COVID-19 pandemic. This post describes an analytics prototype to build an early warning system for COVID-19

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IRM 2020: Market Momentum Continues

John Wheeler

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. These new digital products and services create a host of new risks that require IRM technology.

How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. If your car makes the cut your risk, along with your rate, drops.

Governance in Healthcare: Beyond Compliance, Risk and Analytics

Perficient Data & Analytics

Data & Analytics Healthcare Integration & IT Modernization Governance governance analytics healthcare healthcare analytics healthcare compliance healthcare governance healthcare risk

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Beyond Explainability: A Practical Guide to Managing Risks in Machine Learning Models

KDnuggets

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.

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The History, Rewards and Risks of the Proliferation of Biometric Authentication Technology

DataFloq

The utilization of biometrics as a tool for securing and verifying identity has been standard practice among government and law enforcement agencies for quite some time now.

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