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What Is Model Risk Management and How is it Supported by Enterprise MLOps?

Domino Data Lab

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.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. Digital operational resilience testing : Sets out guidance for testing of existing recovery strategies to identify potential vulnerabilities.

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Understanding New Data-Driven Methodologies In Software Development

Smart Data Collective

Big data has turned the software industry on its head. The relationship between software development and big data is a two-way street. While many software developers are looking to create new applications that use big data, they are also using big data to streamline development. Big data helps compilers operate more efficiently.

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10 things to watch out for with open source gen AI

CIO Business Intelligence

According to Synopsys’ open source security and risk analysis released in February, 96% of all commercial code bases contained open source components. Traditional open source software is just that — code. And bad actors can download these models for free and run them in their own environments in order to test potential hacks.

Modeling 106
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Top 5 Security Trends for CIOs

CIO Business Intelligence

In reality, generative AI presents a number of new and transformed risks to the organization. A second, more pernicious risk is the fact that ChatGPT can write malware. Most commercial enterprise software products and nearly all open-source ones depend upon numerous software packages and libraries.

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Selling the C-suite on preemptive IT investments

CIO Business Intelligence

When this happens, corporate risk is heightened as preemptive projects get delayed — sometimes for indefinite periods of time. CIOs can change this thinking by incorporating preemptive projects like disaster recovery into their corporate risk management strategies.

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Creating value with generative AI in manufacturing

CIO Business Intelligence

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Product optimisation. Visit: [link] Avanade is attending Hanover Messe 2024.