IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. A 2023 IBM IBV study showed that organizations that are seen as ESG leaders are 43% more likely to outperform their peers on profitability. Collaborate with suppliers.

Risk Management 78

Risk Management Risk Management Metrics 78

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

CIO Business Intelligence

JUNE 25, 2024

In Q1 of 2023, UHG spent $3.5 Its performance might, like so many political polls, be within the boundaries of statistical noise — especially as it upped its 2023 investment in R&D to some $30B. Which in turn should be their assessment of management’s plans for improving competitive advantage. billion in stock buybacks.

Risk 118

Risk Risk Management Statistics Management 118

CIO Business Intelligence

MARCH 4, 2025

It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. In IDCs 2023 and 2024 CIO Sentiment Surveys , approximately 65% of respondents rated their DR/resiliency maturity as a 4 or 5 on a scale of 1 to 5. Download the AI Risk Management Enterprise Spotlight.)

Testing 64

Testing Risk Consulting Risk Management 64

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

OCTOBER 16, 2024

In the executive summary of the updated RSP , Anthropic stated, “in September 2023, we released our Responsible Scaling Policy (RSP), a public commitment not to train or deploy models capable of causing catastrophic harm unless we have implemented safety and security measures that will keep risks below acceptable levels.

Risk 117

Risk IT Measurement Modeling 117

CIO Business Intelligence

JULY 5, 2024

These tech debt audits provided a clearer picture of where their biggest risks were, which, in turn, allowed them to prioritize what needs to be addressed first. “We You must remember that if you can measure something, it’s far easier to tell a story around why the project or initiative is a good idea.”

Management 115

Management Risk Measurement Dashboards 115

CIO Business Intelligence

DECEMBER 6, 2024

Develop an AI platform and write a gen AI playbook to allow it to move quickly without shortchanging on security and governance measures. in June 2023, a proprietary platform for all the companys AI applications, and it earned Ally a 2024 CIO 100 Award for IT leadership and innovation. Allys answer?

Marketing 122

Marketing Technology Risk Measurement 122

CIO Business Intelligence

MARCH 21, 2024

In addition to rationalizing applications and other tactics you would expect, Lovelady knew establishing influence across McWane would be essential for the IT makeover to succeed, and that in turn would require over-communicating, driving accountability, measuring success, and rewarding high performance.

IT 111

IT Manufacturing Risk Management Risk 111

IBM Big Data Hub

MAY 31, 2024

At both gatherings, participants emphasized the importance of effective governance and risk management. Responsible AI services improve taxpayer experiences According to the FTA’s Tax Administration 2023 report, 85% of individual taxpayers and 90% of businesses now file taxes digitally. What’s next?

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

JULY 6, 2023

Automation, integration and consistency make it flow By the end of 2023, companies in Germany with more than 3,000 employees must have implemented the due diligence obligations under SCDDA. From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

CIO Business Intelligence

JANUARY 22, 2024

Remote work began as a temporary measure during the pandemic but has long been a permanent fixture in our new way of working. trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

AUGUST 4, 2023

This has served us well for many years, but the time has come where we need to step up the risk management mindset, including R&D and innovation-related projects, due to technology’s increasing rate of adoption, scale, and impact. Emerging Technology, IT Leadership, Risk Management

Risk 98

Risk Risk Management ROI Technology 98

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. According to IBM’s Cost of a Data Breach , the global average cost to remediate a data breach in 2023 was USD 4.45 What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

FEBRUARY 7, 2023

benrothke Wayne Anderson, a security and risk management leader at Microsoft, offered his “personal guide to cloud security shared responsibility”: If it’s in your interface (compute, network, FW, DB, identity etc.), Implement identity and access management, and continuously monitor and update security posture. you own it.

Data Processing 119

Data Processing Risk Management Risk Consulting 119

Cloudera

FEBRUARY 15, 2024

While this might be a blast from the past we’d rather leave in the proverbial rear-view mirror, in March of 2023 we were back to the future with the collapse of Silicon Valley Bank (SVB), the largest US bank to fail since 2008. It’s hard to believe it’s been 15 years since the global financial crisis of 2007/2008.

Insurance 88

Insurance Data Architecture Risk Management Risk 88

Smart Data Collective

MAY 25, 2023

Fortunately, there are a number of measures that small businesses can take to protect their sensitive information from unauthorized access. Cybercriminals target these businesses primarily due to their resource inadequacy and often lack of progressive cyber security measures. Additionally, cybercrime costs SMEs over $2.2

Internet of Things 111

Internet of Things Cost-Benefit Risk Software 111

CIO Business Intelligence

MAY 30, 2023

Projects also include the introduction of multifactor authentication; security, orchestration, automation, and response (SOAR); extended detection and response (XTR); and security information and event management (SIEM) software, according to Uzupis, who left his position in spring 2023. 9, with 47% involved in such).

IT 131

IT Risk Optimization Technology 131

Cloudera

AUGUST 21, 2021

Besides identifying key event patterns and escalating crucial alerts based on predictive insights and actionable intelligence, real time analytics and stream processing fortifies risk management by enabling preventive measures before an incident results in damage. . The need for speed.

Data-driven 103

Data-driven Digital Transformation Risk Risk Management 103

AWS Big Data

JANUARY 31, 2024

Transaction cost analysis (TCA) is widely used by traders, portfolio managers, and brokers for pre-trade and post-trade analysis, and helps them measure and optimize transaction costs and the effectiveness of their trading strategies. Dataset For this analysis, we used the LSEG Tick History – PCAP OPRA dataset from May 17, 2023.

Marketing 111

Marketing Analytics Visualization Strategy 111

CIO Business Intelligence

OCTOBER 15, 2024

According to the State of DevOps Report 2023 , only 18% of organizations achieved elite performance by deploying on demand, having a 5% change failure rate, and recovering from any failed deployment in under an hour.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

CIO Business Intelligence

APRIL 27, 2023

And according to the latest 2023 Dice Tech Salary Report , you don’t need to reach for an executive career in IT to earn a six-figure salary. The demand for specialized skills has boosted salaries in cybersecurity, data, engineering, development, and program management. Average salary: US$151,364 Increase from 2021 : 2.3%

IT 116

IT Software Risk Management 116

IBM Big Data Hub

FEBRUARY 15, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important as it relates to a company’s business model, risk management strategy , reporting requirements and more. Will the anti-ESG movement hurt efforts to implement climate disclosures?

Reporting 78

Reporting Consulting Risk Metrics 78

CIO Business Intelligence

MAY 13, 2024

In contrast, CEOs didn’t even list AI in their top 10 priorities for CIOs in 2023. He is working with his colleagues to incorporate AI into business processes, focusing on practical applications that will yield measurable returns — rather than chasing after ideas “that may turn into nothing.”

IT 131

IT Digital Transformation ROI Strategy 131

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

Octopai

JUNE 16, 2021

The excessive financial risk-taking engaged in by banks on the eve of the 2007-2009 financial recession prompted new regulations to strengthen the supervision, regulation and risk management of banks. Credit Risk Management and Basel III. Operational risk management. Operational risk (i.e.

Management 52

Management Risk Management Risk Visualization 52

Cloudera

MARCH 25, 2021

Virginia’s law will go into effect on January 1, 2023. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. Will the data privacy controls ultimately help create an enterprise approach to data?

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

IBM Big Data Hub

JANUARY 30, 2024

billion in 2023. Security risks: Maintaining strong security measures is a critical component of enterprise cloud adoption. A complex multicloud environment with data moving across private and public clouds poses obvious risks. to total $678.8 billion in 2024, up from $563.6

Strategy 91

Strategy Cost-Benefit Risk Optimization 91

CIO Business Intelligence

DECEMBER 9, 2024

In 2023, India was ranked 15 th in the list of top 25 AI nations but was considered to have the greatest potential thanks to its data pools. India leading AI adoption thanks to vast data reserves The Indian market has several qualities that have helped advance AI, as well as in its adoption and use.

Data Governance 52

Data Governance Data-driven Risk Digital Transformation 52

Laminar Security

MAY 3, 2023

According to our recent State of Cloud Data Security Report 2023 , 77% of organizations experienced a cloud data breach in 2022. More and more security professionals are recognizing the risk of shadow data. In fact, 93% of security professionals surveyed in 2023 are concerned about it. and/or its affiliates in the U.S.

Management 40

Management Risk Risk Management Data Processing 40

CIO Business Intelligence

MARCH 5, 2025

The EU AI Act introduces a strict legal framework with a detailed classification of AI risks and mandatory requirements for high-risk systems, which is more prescriptive than NISTs voluntary framework or the UKs principles-based approach. Emphasizes governance and risk management similar to the EU AI Act and Canadas Bill C-27.

Risk 121

Risk Risk Management Measurement Modeling 121

CIO Business Intelligence

JULY 10, 2024

The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year. However, organizations that followed risk management best practices saw the highest returns from their investments.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

IBM Big Data Hub

FEBRUARY 15, 2024

Surface temperature statistics paint a compelling picture of the changing climate: 2023, according to the European Union climate monitor Copernicus, was the warmest year on record—nearly 1.5 “If we act now,” IPCC Chair Hoesung Lee said in a 2023 statement , “we can still secure a livable sustainable future for all.”

Insurance 59

Insurance Risk Statistics Strategy 59

CIO Business Intelligence

SEPTEMBER 26, 2023

Requirements for implementing Zero Trust In July 2021, the Biden administration issued an executive order outlining several cybersecurity measures that federal agencies and contractors must implement. This policy should include guidelines for employee training, incident response, and risk management.

Cost-Benefit 140

Cost-Benefit Measurement Risk Risk Management 140

CIO Business Intelligence

APRIL 7, 2025

Focus on high-impact AI use cases aligned with business goals, ensuring measurable ROI. Implement strong governance frameworks to manage risks, compliance, and ethical AI practices. The inaugural cohort of Nassoms GenAI Foundry in 2023 experienced 1.7x

ROI 66

ROI Cost-Benefit Risk Enterprise 66

CIO Business Intelligence

APRIL 3, 2025

Dr. Arvind: Indian companies must prioritize regulatory compliance under the DPDP, 2023, using encryption and audits to meet data protection laws and align with RBI, SEBI, and GDPR. Dr. Arvind: Effective CISOs bring a strong understanding of risk management while aligning security measures to broader organisational goals.

Technology 64

Technology Risk Management Risk Data Governance 64