CIO Business Intelligence

FEBRUARY 21, 2025

When this review finally occurred and identified key issues, its findings were ignored, highlighting a systemic failure in the councils risk management approach, the report added. There are multiple reports including one from a manager at BCC highlighting the discrepancies at the Council, way back in June 2023.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

MAY 26, 2023

The overall perceived value of IT certifications is shifting, according to the 2023 Tech Salary Trends report from Dice. If you’re interested in earning a certification to help boost your resume, these are the 10 most popular IT certifications for 2023, according to data from Dice.

IT 124

IT Reporting Risk Consulting 124

CIO Business Intelligence

MARCH 27, 2023

A business objective to “arrive” more patients per hour or the CEO’s desire to leverage historical data to predict future patient volume and revenue doesn’t start with a technology discussion or spoon-feed IT a particular business strategy to execute. A CIO or CTO who wakes up thinking about technology is thinking about the wrong things.”

Strategy 109

Strategy Digital Transformation Insurance Technology 109

CIO Business Intelligence

NOVEMBER 21, 2024

Importantly, where the EU AI Act identifies different risk levels, the PRC AI Law identifies eight specific scenarios and industries where a higher level of risk management is required for “critical AI.” In particular, the UAE AI Office created an AI license requirement for applications in the Dubai International Finance Centre.

Consulting 120

Consulting Risk Risk Management Marketing 120

CIO Business Intelligence

NOVEMBER 4, 2024

“This often resulted in lengthy manual assessments, which only increased the risk of human error.” To address compliance fatigue, Camelot began work on its AI wizard in 2023. This is the moment when the bundling of AI technologies transitioned to a real-time cyber wizard capable of providing CMMC guidance through voice and text.

Dashboards 115

Dashboards Risk Risk Management Data-driven 115

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. I wrote in Driving Digital , “Digital transformation is not just about technology and its implementation.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

MARCH 4, 2025

Credit: The Business Impact of Downtime Across Operational Segments , IDC, September 2024; IDC IT/OT Convergence Survey, August 2024, n = 1,041 When ransomware strikes (a disaster almost all technology leaders will experience), the disruption can last for days or even weeks. Then, assess the risk likelihood versus impact.

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

MAY 20, 2024

Although AI, machine learning, and generative AI — the more recent entrant in the space — are not new, they are becoming more mature, mainstream technologies. Those projects include implementing cloud-based security, anti-ransomware, and user behavior analytics tools, as well as various authentication technologies. Foundry / CIO.com 3.

IT 142

IT Risk Management Machine Learning Risk 142

CIO Business Intelligence

JULY 17, 2024

Artificial intelligence (AI) is an increasingly large portion of information technology investments and societal discussions. AI regulations in Europe In late 2023 the European Union (EU) created a draft AI Act, which was subsequently approved by the EU Parliament on March 13, 2024. In September 2023, the U.S. As the U.S.

Enterprise 105

Enterprise Consulting Risk Management Advertising 105

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. What’s more, Cypago is no stranger to the implementation of safe AI, having adopted natural language models and generative AI command prompts as part of its product in 2023.

Risk Management 119

Risk Management Cost-Benefit Risk Measurement 119

John Wheeler

JANUARY 30, 2020

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. In fact, the spectrum of IRM technology solutions is increasing due to digital transformation efforts in companies of all sizes. billion by 2023 (see figure below).

Marketing 80

Marketing Risk Management Digital Transformation Risk 80

CIO Business Intelligence

JUNE 25, 2024

In Q1 of 2023, UHG spent $3.5 Now this is just speculation on my part, but I’d bet as much as a quarter that even a small fraction of UHG’s buyback budget would have easily paid for the time, effort, and technology needed to properly harden Change Healthcare’s information infrastructure. billion in stock buybacks.

Risk 118

Risk Risk Management Statistics Management 118

CIO Business Intelligence

DECEMBER 28, 2023

But those tasks have become increasingly critical to organizational success in the modern era, as the number of laws, the complexity of doing business, the types of risks, and the use of technology have exploded in recent decades. Best practices, framework and technology have been developed to support this work.

Risk 115

Risk Risk Management Strategy Enterprise 115

Laminar Security

JULY 14, 2023

Just like the bright lights of Vegas, this conference is a glittering hub of cutting-edge technology, expert knowledge, with a dash of dark humor and mischief. Meet us here Black Hat USA // Mandalay Bay Convention Center Laminar Booth #2500 August 9-10, 2023 Book your executive briefing today !

Risk 65

Risk Strategy Risk Management Technology 65

CIO Business Intelligence

SEPTEMBER 13, 2024

And in KnowBe4’s 2024 International Healthcare Report, the global healthcare sector experienced 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average. When we looked at this technology, we quickly realized we didn’t have a clear line of sight to all the connected devices,” he says. “We

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

SEPTEMBER 17, 2024

Moreover, undertaking digital transformation and technology modernization programs without an architect can lead to delays, technical debt , higher costs, and security vulnerabilities. On the one hand, enterprise architects play a key role in selecting platforms, developing technical capabilities, and driving standards.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

Cloudera

MARCH 18, 2021

The new capital requirements are currently due to take effect in January 2023. From a data management point of view, FRTB’s requirements will require greatly increased quantities of historical data, along with an increased need for analysis and intensive computation against this data. . The post FRTB: Will 2023 Finally be the Year?

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

SEPTEMBER 30, 2024

And she expects AI to drive even more impressive innovations as both the technology and the enterprise’s ability to use it mature. “AI Moreover, 64% of those IT decision-makers expect AI and machine learning to significantly alter the way their business operates over the next three to five years, up from 39% who said the same in 2023.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

DECEMBER 6, 2024

Bank holding company Ally Financial is determined to stay at the cutting edge of technology in the financial industry. Muthukrishnan notes that after seeing the rise of LLMs and gen AI in 2022, it was clear the company needed to shift its AI ambitions to make use of the new technology. Allys answer?

Marketing 122

Marketing Technology Risk Measurement 122

CIO Business Intelligence

APRIL 5, 2024

The 118th session of Congress, covering 2023 and 2024, may end up as the least productive session in US history, with only 47 bills passed and becoming law between the beginning of 2023 and April 1 of this year. However, Congress, mired in partisan infighting, seems unlikely to move forward on serious AI legislation anytime soon.

Risk 132

Risk Insurance Interactive Strategy 132

CIO Business Intelligence

AUGUST 4, 2023

As CIOs and technology leaders, we’re almost always in the role of the technology evangelist, bringing both mainstream and emerging technology into the organization for business benefit. Technology has always been used for positive and negative effect. If reversible, then there’s clearly less risk.

Risk 98

Risk Risk Management ROI Technology 98

IBM Big Data Hub

MAY 31, 2024

Recent research commissioned by IBM® indicates that as many as 42% of surveyed enterprise-scale businesses have actively deployed AI, while an additional 40% are actively exploring the use of AI technology. At both gatherings, participants emphasized the importance of effective governance and risk management.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

CIO Business Intelligence

MARCH 20, 2024

These are tough yet not insurmountable technology challenges. But it’ll all be for nothing if organizations overlook the biggest factor in this unprecedented technological leap: their people. But it’ll all be for nothing if organizations overlook the biggest factor in this unprecedented technological leap: their people.

IT 126

IT Enterprise Strategy Technology 126

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

CIO Business Intelligence

APRIL 15, 2024

The senior vice president and chief information and strategy officer at National Life Group, has spent years executing a technology roadmap to modernize the insurance company. For CIOs, understanding the business is table stakes — now we’re expected to change the business, not just technology.”

Digital Transformation 130

Digital Transformation Strategy Technology Enterprise 130

CIO Business Intelligence

DECEMBER 7, 2022

Gartner predicts 2023 IT spending will grow 5.1% Security tops the list According to this year’s State of the CIO survey , cybersecurity and risk management are the top investment areas for 45% of IT leader respondents. That’s certainly the case in the corporate technology group at Illinois Tool Works (ITW), a $14.5

IT 132

IT Insurance Cost-Benefit Risk Management 132

CIO Business Intelligence

MARCH 21, 2024

Combined with an outstanding internal ERP implementation team, Lovelady worked with business units to put their best talent on the ERP initiatives, which in 2023 alone, led to four on-time deployments. An ERP veteran, Lovelady knows that technology alone isn’t what makes ERP implementation successful.

IT 111

IT Manufacturing Risk Management Risk 111

CIO Business Intelligence

JULY 31, 2023

Just look at the stats:Some 45% of 2,500 executives polled for a May 2023 report from research firm Gartner said the publicity around ChatGPT prompted them to increase their AI investments, 70% said their organization is already exploring gen AI, and 19% are in actual pilot or production mode. How is your business impacted by generative AI?

Strategy 98

Strategy Risk Enterprise Risk Management 98

CIO Business Intelligence

JULY 6, 2023

They use integration and analytics tools from the SAP Business Technology Platform along with the PwC best practices to link with client systems and provide a tool to meet the needs of both the goals and the laws. They are a leader in the European textile management industry.

Cost-Benefit 96

Cost-Benefit Risk Digital Transformation Risk Management 96

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

CIO Business Intelligence

JUNE 8, 2023

According to Foundry’s 2023 State of the CIO Research, technology budget growth is seeing pre-pandemic levels. 91% of CIOs expect their tech budget to either increase or stay the same in 2023. Recalibrating the Cloud Strategy: During pandemic, everyone rushed to cloud adoption without understanding its entire scope.

Strategy 98

Strategy Data-driven Business Objectives Interactive 98

CIO Business Intelligence

JULY 5, 2024

Modernization, therefore, is part of its DNA, and according to CIO Marykay Wells, making technical changes to an organization’s IT infrastructure is an ever-changing discipline that needs to be meticulously managed. “If We had to talk about the impact of tech debt on our business. And the proof is in the results.

Management 115

Management Risk Measurement Dashboards 115

CIO Business Intelligence

JANUARY 22, 2024

trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue. As a result, companies find it increasingly difficult to manage their attack surface at the speed and scale necessary to prevent attacks. To learn more, visit us here.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

CIO Business Intelligence

JULY 25, 2024

According to an IDC Survey, “Ransomware attackers are getting more effective at finding valuable data; half of North American ransomware attacks where data was exfiltrated included the loss of valuable, sensitive, or security data ( Future Enterprise Resiliency and Spending Survey, Wave 11 , IDC 2023). Contact us today to learn more.

IT 111

IT Finance Consulting Reporting 111

CIO Business Intelligence

JULY 12, 2023

Last week, I attended the annual Gartner® Security and Risk Management Summit. The event gave Chief Information Security Officers (CISOs) and other security professionals the opportunity to share concerns and insights about today’s most pressing issues in cybersecurity and risk management. See you there.

Risk Management 98

Risk Management Risk Digital Transformation Strategy 98

CIO Business Intelligence

MAY 13, 2024

That move, in turn, boosts the company’s automation, analytics, and artificial intelligence goals by delivering the high-quality data that those technologies crave — thereby improving both decision-making capabilities and user experiences. “We Corporate and IT strategy are one, and technology is the tool to deliver strategic objectives.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

DECEMBER 10, 2024

in 2023 to $12T by 2029, achieving that goal will require a fundamental re-think of the traditional private equity business model. In fact, according to Deloitte , just 10% of private equity firms had integrated AI into their operations by the end of 2023. to double in AUM from $5.8T Thats still a stretch for many firms.

Uncertainty 97

Uncertainty Data-driven Marketing Insurance 97