Remove 2014 Remove Risk Remove Strategy
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How To Improve Incident Response Time for Data Breaches

Smart Data Collective

Take the Marriott data breach in 2014, for example. An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. Organizations should have strategies and procedures in place for making risk-related choices that represent the organization’s risk tolerance for data theft.

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Energy leader Petrobras sails toward sustainability with new supply chain solution

CIO Business Intelligence

Without the real-time data visibility necessary to make informed decisions, Petrobras was facing an upsurge in risks and disruptions. With users able to monitor plant operations, maintenance teams have the ability to assess equipment performance, lower the risk of unplanned downtime and rapidly identify potential problems.

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5 tips for switching to skills-based hiring

CIO Business Intelligence

But that approach is changing, with the emphasis on degrees and experience giving way to skills-first hiring strategies that put organizational skills needs first and foremost. By making a college degree an essential requirement for a position, companies risk excluding large pools of skilled candidates, including from underrepresented groups.”

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Shocking Ways Big Data Changed the Nature of Business Lending

Smart Data Collective

They need to adapt their borrowing strategy to the new big data algorithms to improve their changes of securing a loan. This has proven important too, with the value of loans provided by big banks having declined by 3% overall between 2014 and 2019. They didn’t discuss the risks of big data in small business lending in enough detail.

Big Data 117
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Online Traders Need to Take the Threats of Data Breaches Seriously

Smart Data Collective

This is especially common as more hackers use AI-driven strategies to commit cyberattacks. How Traders Can Mitigate the Risks of Data Breaches and AI-Driven Cyberattacks Online trading carries with it a certain degree of risk. It is essential for traders to be aware of the potential risks and take steps to mitigate them.

Risk 109
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What Are the Most Important Steps to Protect Your Organization’s Data?

Smart Data Collective

By 2012, there was a marginal increase, then the numbers rose steeply in 2014. They can use AI and data-driven cybersecurity technology to address these risks. Data security risks are abundant, and they are very unlikely to be reduced to irrelevance, let alone become fully extinguished. Breach and attack simulation. In summary.

Testing 131
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The New Normal for FP&A: Scenario Planning

Jedox

It’s about the preparation for a range of possible outcomes, the likelihood of each outcome, and developing corresponding strategies to maximize the long-term benefit. Though only twelve years ago, it truly highlighted the difference between possibility and probability and the danger and impact of tail risk.