Remove 2020 Remove Risk Remove Uncertainty
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Small Businesses Use Big Data to Offset Risk During Economic Uncertainty

Smart Data Collective

One survey from March 2020 showed that 67% of small businesses spend at least $10,000 every year on data analytics technology. As a result, they will need to invest in data analytics tools to sustain a competitive edge in the face of growing economic uncertainty. In 2023, big data Is no longer a luxury.

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Communal Computing’s Many Problems

O'Reilly on Data

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].

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IRM 2021: The Year of Uncertainty and Change

John Wheeler

Regulations were set aside and associated technological and business risks were given low priority to help with the larger effort to “slow the spread” of the virus. No doubt, 2021 will be the year of uncertainty and change. A focus on performance and assurance helps to reduce uncertainty related to strategic goals.

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Humans and AI: How Should You Talk About AI? Be Positive or Give Warnings?

DataRobot

After Banjo CEO Damien Patton was exposed as a member of the Ku Klux Klan, including involvement in an anti-Semitic drive-by shooting, the state put the contract on hold and called in the state auditor to check for algorithmic bias and privacy risks in the software. The good news was the software posed less risk to privacy than suspected.

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UK Government: From cloud first to cloud appropriate?

Cloudera

The first is cloud concentration risk. The concern here is the over-reliance on one service provider to support key service, presenting not only operation risks for the government itself but a tangible impact on its ability to deliver services to citizens should anything happen.

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4 methods to help CIOs manage cyber stress

CIO Business Intelligence

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.

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Big Data: The Technology Behind Retailers Success

Smart Data Collective

Data-based insights can help make the right decisions, keep up with market trends and navigate the uncertainty. Thus, Starbuck defines areas that potentially will be successful and mitigate risks of opening in unprofitable ones. As a result, in 2020, Asos announced a 19% growth in revenue when the pandemic hit. Final thoughts.

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