Smart Data Collective

SEPTEMBER 13, 2021

Remote working has also created greater data security risks. In 2020, the sector paid an average of $7.13 EasyJet announced on May 12, 2020, that nine million customer’s debit and credit card records were accessed by cyber hackers, with an estimated financial loss of $50 million. Risk assessments. Conclusion.

Risk 143

Risk Strategy Enterprise Finance 143

Smart Data Collective

NOVEMBER 25, 2019

Here are the six trends you should be aware of that will reshape business intelligence in 2020 and throughout the new decade. In the future, companies that come to rely on these new data sources will also need to protect that data — or risk the consequences. How Business Intelligence Will Change in 2020.

Business Intelligence 132

Business Intelligence Predictive Analytics Data Collection Internet of Things 132

Smart Data Collective

MARCH 19, 2020

In this article, we will take a close look at 3 industries using AI in 2020, while trying to dive deep into the methods and reasons behind why these areas are so ahead of the pack in terms of tech. So, without further ado, let’s take a look at 3 industries using AI in 2020… Online Gaming Industry.

Big Data 128

Big Data Marketing Data-driven Risk 128

Smart Data Collective

NOVEMBER 22, 2022

Whether fiat currency always has an inflationary risk because more can always be printed. Bitcoin will never have this inherent risk attached to it. Because of this, you could be buying way too high which can expose you to a lot of unnecessary risks. Since May 19, 2020 Bitcoin is up 7,876%. The Risk to Reward Is Skewed.

Risk 133

Risk Predictive Analytics Data-driven Marketing 133

Smart Data Collective

AUGUST 27, 2020

There are many reasons that this is important if you want to minimize disruption to your supply chain in 2020. It’s important to know how to protect your own firm from spend risk, supply chain disruption while enhancing the company’s ability to thrive. It’s difficult to mitigate supply chain risk in the best of times.

Risk Management 122

Risk Management Risk Management Software 122

CIO Business Intelligence

JANUARY 6, 2025

Innovate Shane McDaniel, CIO for the City of Seguin, Texas, says his city has grown by about 35% since the 2020 census. One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. She recognizes that the possibilities of AI grow by the day but so do the risks.

IT 140

IT Cost-Benefit Measurement Experimentation 140

Andrew White

AUGUST 7, 2020

Hype Cycle for Enterprise Information Management, 2020 Hype around data and analytics continues at fever pitch, driven in part by increased demands related to COVID-19. Hype Cycle for Artificial Intelligence, 2020 Enterprises are making tangible progress with AI initiatives, but also many mistakes.

Publishing 104

Publishing Analytics Machine Learning Data-driven 104

Smart Data Collective

NOVEMBER 19, 2020

The larger the company, the more challenging it is to track all internal processes, and the higher are the risks of improper resource allocation, and that will likely lead to cost overruns, missed deadlines, and a lower quality of the company’s work. Actuality of Agile Portfolio Management in 2020. Creating agile portfolio.

Management 120

Management Cost-Benefit Strategy Software 120

Cloudera

NOVEMBER 18, 2020

With this functionality, business units can now leverage big data analytics to develop better and faster insights to help achieve better revenues, higher productivity, and decrease risk. . The post Announcing the 2020 Data Impact Award Winners appeared first on Cloudera Blog. Data Champions . Winner: OVO. Enterprise Data Cloud.

Internet Publishing and Broadcasting 123

Internet Publishing and Broadcasting Data-driven Broadcasting Digital Transformation 123

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 99

Risk Marketing Risk Management Data-driven 99

CIO Business Intelligence

DECEMBER 15, 2022

Core challenges included complex and siloed business processes with a lot of customizations, out-of-sync data and processes, disparate and niche applications with inconsistent data and assets, and expensive and unsustainable data and risk management that lacked innovation and adaptability.

Risk 98

Risk Digital Transformation Software ROI 98

Smart Data Collective

APRIL 10, 2020

Most accounting systems track risk assessments. The post Can AI Slash the Costs of Accounting Errors in 2020? Machine learning technology can identify accounting needs for different departments based on new trends. You can account for this by integrating these trends into your accounting system.

Machine Learning 119

Machine Learning Cost-Benefit Big Data Publishing 119

KDnuggets

JANUARY 10, 2020

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.

Risk 116

Risk 116

O'Reilly on Data

JULY 20, 2021

It comes down to a key question: is the risk associated with an action greater than the trust we have that the person performing the action is who they say they are? When we consider the risk associated with an action, we need to understand its privacy implications. There is a tradeoff between the trust and risk. Source: [link].

Risk 335

Risk Software Interactive Modeling 335

Cloudera

JULY 21, 2021

This is the category for Cloudera customers whose IT administration provides the agility business requires, without putting organizations at risk, and who are embracing a pattern of technology adoption that prioritizes speed. OVO – 2020’s Data Champion award winner . Winning the award for OVO UnCover was a humbling experience.

Insurance 94

Insurance Data-driven Machine Learning Marketing 94

IBM Big Data Hub

OCTOBER 23, 2023

A robust risk management strategy that takes full advantage of an enterprise’s hybrid multicloud environment and on-premises infrastructure can neutralize those vulnerabilities and deliver business resilience while unlocking innovation. The post 3 keys to building a robust hybrid cloud risk strategy appeared first on IBM Blog.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

IBM Big Data Hub

OCTOBER 9, 2023

The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%. This helps the risk control and limits the probability of the occurrence of data leaks or cyberattacks. Patient Safety : Ensuring that mobile medical devices are safe and reliable is a must.

Risk Management 76

Risk Management Risk Management Measurement 76

Sisense

JULY 23, 2021

Not only does it support the successful planning and delivery of each edition of the Games, but it also helps each successive OCOG to develop its own vision, to understand how a host city and its citizens can benefit from the long-lasting impact and legacy of the Games, and to manage the opportunities and risks created.

Unstructured Data 105

Unstructured Data Internet of Things Data-driven Data Processing 105

Smart Data Collective

MARCH 2, 2023

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. It helps companies operate more efficiently, tap larger markets of customers, and solve some of their most complex challenges. In 2023, big data Is no longer a luxury.

Big Data 105

Big Data Uncertainty Risk Data mining 105

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Re-starting business operations will require risk visibility not only across the organization but vertically down through the organization as well. Key Findings.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Smart Data Collective

NOVEMBER 3, 2021

They currently spend just under $4 billion in 2020. The Deloitte report says that in the second quarter of 2020 the largest 100 banks in the USA reported $103.4 2020 became the year when a lot of customers first experienced their remote interaction with banks and enjoyed it. The banking industry is among them.

Software 138

Software Data-driven Interactive Insurance 138

Smart Data Collective

OCTOBER 13, 2020

Predictive analytics have become even more influential in the future of altcoins in 2020. But it’s clear they need help in choosing the best altcoins to buy from the more than 2000 high-risk cryptocurrencies available. That appears unlikely, however, even with the momentum of the 2020 altcoin season driving continued growth.

Predictive Analytics 122

Predictive Analytics Analytics Forecasting Marketing 122

Smart Data Collective

MAY 10, 2022

For example, banks now apply AI to assess credit risks with high accuracy. billion in 2020. They include; Credit risk assessment. Credit risk assessment entails estimating the probability of a prospective borrower failing to repay a loan. billion to bank fraud in 2021 , up 70% from 2020.

Marketing 128

Marketing Technology Insurance Machine Learning 128

Smart Data Collective

DECEMBER 5, 2021

This was nearly 20% higher than all of 2020, when data breaches already became higher than ever due to so many people staying at home. Due to the increase in remote work that happened very quickly in 2020, IT teams have had difficulty gaining the visibility they need to keep organizations secure. Securing a Remote Workforce.

Internet of Things 138

Internet of Things Risk Big Data IoT 138

Smart Data Collective

NOVEMBER 19, 2020

Unfortunately, we have witnessed lots of tragedies in 2020. AI Trends in Cybersecurity for 2020 and the Coming Year. According to polls, over 60% of companies in most industries use AI to fight against these risks. These tools provide a lot of opportunities to streamline work, but they also create some security risks as well.

Risk 131

Risk Cost-Benefit Machine Learning Measurement 131

Dataiku

NOVEMBER 17, 2021

For many years, AI was an experimental risk for companies. As of 2020, 68% of enterprises had used AI, having already adopted AI applications or introduced AI on some level into their business processes. Today, AI is not a brand new concept and most enterprises have at least explored AI implementation.

ROI 110

ROI Enterprise Experimentation Risk 110

Smart Data Collective

DECEMBER 15, 2022

As the US Government Accountability Office warns, “ internet-connected technologies can improve services, but face risks of cyberattacks.” IEC 62443 or the International Electrotechnical Commission standard 62443 is a series of standards created to counter cyber risks involving operational technology in automation and control systems.

IoT 116

IoT Internet of Things Manufacturing Risk 116

erwin

SEPTEMBER 3, 2020

You can collect complete application ecosystem information; objectively identify connections/interfaces between applications, using data; provide accurate compliance assessments; and quickly identify security risks and other issues. You can better manage risk because of real-time data coming into the EA space.

Data Governance 144

Data Governance Enterprise Risk Data Lake 144

erwin

AUGUST 28, 2020

Put simply, DG is about maximizing the potential of an organization’s data and minimizing the risk. For the full list of drivers and deeper insight into the state of data governance, get the free 2020 State of DGA report here. A single unit of data in isolation can’t do much, but the sum of an organization’s data can prove invaluable.

Data Governance 145

Data Governance IT Cost-Benefit Metadata 145

CIO Business Intelligence

APRIL 10, 2024

Cyber GRC software company Cypago has announced a new automation solution for artificial intelligence (AI) governance, risk management and compliance. Its heightened security measures for AI-based systems help keep data and software secure, reducing the risk of cyber threats, data breaches and regulatory violations.

Risk Management 119

Risk Management Cost-Benefit Risk Measurement 119

Smart Data Collective

JANUARY 17, 2020

From predicting risk factors to helping cure disease, Big Data in healthcare is multi-faceted. Through the use of Big Data, opioid usage can easily be tracked and any risk factors for the potential misuse of opioids can be flagged before they happen. These benefits cannot be underestimated in 2020.

Big Data 135

Big Data Insurance Risk Testing 135

Smart Data Collective

SEPTEMBER 22, 2021

The risk of data breaches will not decrease in 2021. Data breaches and security risks happen all the time. One bad breach and you are potentially risking your business in the hands of hackers. Data breaches expose over 36 billion records in the first half of 2020 already. It is still a vulnerable place. Parting advice.

Statistics 133

Statistics Risk Measurement Software 133

erwin

JANUARY 30, 2020

The 2020 State of Data Governance and Automation (DGA) report is a follow-up to an initial survey we commissioned two years ago to explore data governance ahead of the European Union’s General Data Protection Regulation (GDPR) going into effect. Defining Data Governance: What Is Data Governance? . Most have only data governance operations.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

Smart Data Collective

SEPTEMBER 30, 2021

2020 was an especially eventful year for small businesses and it has exposed fundamental flaws in the way they handle data. In both cases, keeping the systems updated and backing up sensitive data can help you mitigate the risks. . A surprisingly large number of SMBs think they’re too small to be targeted by hackers.

Measurement 138

Measurement Risk Software Reporting 138

CIO Business Intelligence

SEPTEMBER 22, 2022

In 2020, research found that nearly 90% of CISOs considered themselves under moderate or high levels of stress. According to CIISec’s 2020/21 State of the Profession report , which surveyed 557 security professionals, stress and burnout have become major issues, with almost half (47%) working more than 41 hours a week, and some up to 90.

Management 124

Management Uncertainty Testing Data Processing 124

Dataiku

FEBRUARY 16, 2021

Insurance is one of the many industries that has been tremendously shaken by the events of 2020. These unprecedented happenings are significantly reshaping the insurance market, pushing insurers to review their approach to numerous sectors and risks.

Insurance 98

Insurance Marketing Risk 98