CIO Business Intelligence

MAY 20, 2024

Nearly half (49%) of IT leaders responding to the 2024 State of the CIO Study from Foundry, publisher of CIO.com, say they expect to play more of a strategic role in the upcoming years, with another 36% anticipating a heavy emphasis on transformational responsibilities. Risk management came in at No. For Rev.io

IT 141

IT Risk Management Machine Learning Risk 141

CIO Business Intelligence

DECEMBER 20, 2024

Further, no agencies fully mapped mitigation strategies to risks, because the level of risk was not evaluated. Nobody knows the probability of harm The GAO said it is recommending that DHS act quickly to update its guidance and template for AI risk assessments to address the remaining gaps identified in this report.

Risk 72

Risk Reporting Strategy Risk Management 72

CIO Business Intelligence

SEPTEMBER 10, 2024

As a result, software supply chains and vendor risk management are becoming ever more vital (and frequent) conversations in the C-suite today, as companies seek to reduce their exposure to outages and the business continuity issues of key vendors their businesses depend on. “We We now are paying much more attention to it,” he says.

Risk Management 128

Risk Management Risk Enterprise Insurance 128

CIO Business Intelligence

OCTOBER 1, 2024

They will oversee four working groups, each focusing on different aspects of AI governance — transparency and copyright, risk identification and assessment, technical risk mitigation, and internal risk management for general-purpose AI providers.

Risk 132

Risk Risk Management Interactive Enterprise 132

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. This makes it hard to assess climate risks, mitigation efforts and other initiatives.

Reporting 78

Reporting Consulting Risk Metrics 78

CIO Business Intelligence

DECEMBER 9, 2024

The transformative impact of artificial intelligence (AI)and, in particular, generative AI (GenAI)emerged as a defining theme at the CSO Conference & Awards 2024: Cyber Risk Management. Mark Skalny Mark Skalny (c)2024 Mark Skalny The operational implications of AI adoption were another key focus of the conference.

Cost-Benefit 64

Cost-Benefit Risk Risk Management Predictive Analytics 64

CIO Business Intelligence

OCTOBER 30, 2024

In fact, among surveyed leaders, 74% identified security and compliance risks surrounding AI as one of the biggest barriers to adoption. As data is moved between environments, fed into ML models, or leveraged in advanced analytics, considerations around things like security and compliance are top of mind for many.

Enterprise 135

Enterprise Data Architecture Unstructured Data Insurance 135

CIO Business Intelligence

OCTOBER 17, 2022

In fact, under DORA, the complexity of the supply chain or the lack of EU presence are both considered risk factors. Financial institutions accustomed to a regulatory environment primarily designed to assess financial risk and stability will now have to take the potential risk posed by their ICT operations just as seriously.

Risk Management 102

Risk Management Risk Enterprise Insurance 102

CIO Business Intelligence

MARCH 12, 2024

And 2024 looks to be that kind of year, with John-David Lovelock, distinguished VP analyst, reporting that “IT spending will be driven by more traditional forces, such as profitability, labor, and dragged down by a continued wave of change fatigue.” In 2024, LinkedIn surveys show that half of all Americans want to change jobs.

ROI 122

ROI IT Manufacturing Metrics 122

CIO Business Intelligence

AUGUST 6, 2024

The incident not only affected the availability of crucial cybersecurity defenses but also laid bare the broader operational risks associated with third-party service dependencies. According to IDC Research, “Downtime continues to cost cloud buyers” (IDC’s Cloud Pulse, 4Q23: Executive Summary, Part II — 2024 Cloud Return on Investment).

Risk Management 103

Risk Management Risk Testing Finance 103

IBM Big Data Hub

JANUARY 16, 2024

The start of 2024 brings forth many questions as to what we can expect in the year ahead, especially in the financial services industry, where technological advances have skyrocketed and added complexities to an already turbulent landscape. An investment in the tools and infrastructure to combat such threats is likely to occur in 2024.

Risk Management 48

Risk Management Insurance Cost-Benefit Risk 48

CIO Business Intelligence

JANUARY 19, 2024

Due to be adopted as law by member states by October 2024, the EU Network and Information Systems (NIS2) Directive is the most important cybersecurity legislation ever enacted across member states. One of the biggest challenges will be NIS2’s emphasis on boosting supply chain security, widely acknowledged as a major potential weakness.

Digital Transformation 102

Digital Transformation Risk Risk Management Interactive 102

CIO Business Intelligence

NOVEMBER 21, 2024

AI and GenAI Regulatory Landscape, IDC, July 2024). China follows the EU, with additional focus on national security In March 2024 the Peoples Republic of China (PRC) published a draft Artificial Intelligence Law, and a translated version became available in early May.

Consulting 105

Consulting Risk Risk Management Marketing 105

CIO Business Intelligence

SEPTEMBER 30, 2024

In fact, IT’s embrace of AI is nearly ubiquitous, with 89% of IT decision-makers surveyed for Foundry’s 2024 CIO Tech Priorities study saying they’re researching, piloting, or currently using AI-enabled technologies — up from 72% in 2023.

Machine Learning 141

Machine Learning ROI Data Processing Optimization 141

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks.

IT 129

IT Management Risk Risk Management 129

CIO Business Intelligence

MAY 13, 2024

“We know what we’re trying to achieve, because we know the business goals and objectives,” We want to grow substantially, and we want to do that with speed,” says Bilker, whose clarity on IT’s business objectives mirror the top directives CEOs are giving their CIOs, according to the 2024 State of the CIO Study from Foundry, publisher of CIO.com.

IT 130

IT Digital Transformation ROI Strategy 130

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. You really can’t understand your risk posture if you don’t understand what AI tools you’re using,” she says.

Risk 118

Risk Insurance Interactive Strategy 118

CIO Business Intelligence

NOVEMBER 4, 2024

This often resulted in lengthy manual assessments, which only increased the risk of human error.” Throughout 2024, Camelot’s team of in-house developers built the AI wizard that would become “Myrddin,” training it to understand CMMC guidelines and answer questions quickly with a focus on actionable, real-time guidance.

Dashboards 109

Dashboards Risk Risk Management Data-driven 109

CIO Business Intelligence

DECEMBER 6, 2024

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. Together, they formed an internal team of professionals in financial service fields including regulatory compliance, risk management, and audit, among others.

Marketing 115

Marketing Technology Risk Measurement 115

CIO Business Intelligence

OCTOBER 15, 2024

Recommendation : CIOs should adopt a risk-informed approach, understanding business, customer, and employee impacts before setting application-specific continuous deployment strategies. Shortchanging end-user and developer experiences Many DevOps practices focus on automation, such as CI/CD and infrastructure as code.

Enterprise 142

Enterprise Testing Business Objectives Experimentation 142

CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. AI usage may bring the risk of sensitive data exfiltration through AI interactions.

Risk 99

Risk Measurement Modeling Interactive 99

FineReport

APRIL 9, 2024

Evolving BI Tools in 2024 Significance of Business Intelligence In 2024, the role of business intelligence software tools is more crucial than ever, with businesses increasingly relying on data analysis for informed decision-making. This resulted in increased profitability and strengthened competitive positioning within the industry.

Business Intelligence 52

Business Intelligence Software Data-driven Predictive Modeling 52

CIO Business Intelligence

FEBRUARY 20, 2024

Microsoft Copilot can bring to bear a range of capabilities to help manufacturers mitigate risk, manage their inventory, improve planning, and make informed decisions quickly across the entire supply chain. Visit: [link] Avanade is attending Hanover Messe 2024. Generative AI, Innovation

Manufacturing 92

Manufacturing Sales Risk Management Forecasting 92

IBM Big Data Hub

FEBRUARY 8, 2024

The European Parliament reached a provisional agreement on the EU AI Act in December 2023, it is now making its way through the final phases of the legislative process and is expected to rollout in stages in the second half of 2024. Higher risk tiers have more transparency requirements including model evaluation, documentation and reporting.

Risk Management 72

Risk Management Risk Machine Learning Metrics 72

CIO Business Intelligence

SEPTEMBER 17, 2024

Rather, they rely on ad hoc inputs such as IT audits, pentest results, one-time security assessments, risk register analysis, and a general understanding of their program. IDC, 2024 Maturity levels should be applied to the individual security program processes. This typically consists of defining four or five levels.

Measurement 107

Measurement Metrics Risk Dashboards 107

John Wheeler

JANUARY 31, 2021

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. They must evaluate the value of their digital initiatives while determining the size of their risk appetite. Cool Vendors in Integrated Risk Management.

Uncertainty 59

Uncertainty Risk Management Risk Forecasting 59

CIO Business Intelligence

JUNE 18, 2024

Look no further than the 2024 IT marketplace, where the best paying jobs are predominantly technical, and attributes like strong communications and soft skills are all too often deemphasized. Regular new employee and employee refresher training in security should be conducted by HR and IT as part of overall enterprise risk management.

Risk 115

Risk Software Risk Management Dashboards 115

Smart Data Collective

APRIL 20, 2023

Businesses will be required to disclose all known and potential risks they face from climate change and how their business operations might impact the climate and society. For fiscal year 2024: organizations that are already under the scope of the NFDR. Take note of which phase applies to your organization.

Reporting 99

Reporting Risk Risk Management Finance 99

CIO Business Intelligence

NOVEMBER 4, 2024

We launched the proof-of-value pilot in November 2023 and rolled it out to all team members by February 2024. Another factor that increases gen AI risk and costs is the “massive ‘shadow IT’ in most organizations, as employees use personal accounts to use tools like ChatGPT with company data,” Baier says.

Uncertainty 127

Uncertainty Cost-Benefit Risk Experimentation 127

CIO Business Intelligence

JULY 2, 2024

The rapid proliferation of connected devices and increasing reliance on digital services have underscored the need for comprehensive cybersecurity measures and industry-wide standards to mitigate risks and protect users’ data privacy.

Experimentation 103

Experimentation Digital Transformation Risk Management Risk 103

Dataiku

SEPTEMBER 16, 2024

Large language models (LLMs) are already improving efficiency in client-facing operations and risk management environments. I will summarize the proven and plausible impact of LLMs and Generative AI in the banking and financial services industry as of September 2024.

Modeling 59

Modeling Risk Management Data Science Risk 59

IBM Big Data Hub

MARCH 4, 2024

In 2024, companies confront significant disruption, requiring them to redefine labor productivity to prevent unrealized revenue, safeguard the software supply chain from attacks, and embed sustainability into operations to maintain competitiveness. Otherwise, the risks become too significant.

Enterprise 96

Enterprise ROI Risk Strategy 96

IBM Big Data Hub

MAY 8, 2024

The 2024 report showed a 71% increase in valid identities used in cyberattacks year-over-year. The risk of valid identities being used as the entry point by bad actors is expected to continue with the ever-increasing applications and systems being added in today’s hybrid environments. Hackers don’t hack in; they log in.

Risk 80

Risk Cost-Benefit Risk Management Management 80

CIO Business Intelligence

NOVEMBER 6, 2024

In 2023, Trend underwent a HITRUST r2 assessment, a two-year risk-based assessment considered the most rigorous type of HITRUST certification. “The We prioritized risks that could directly impact our clients’ sensitive data, focusing on data encryption, access management, and continuous monitoring.”

Risk 101

Risk Insurance Machine Learning Management 101

CIO Business Intelligence

DECEMBER 10, 2024

To drive gen-AI top-line revenue impacts, CIOs should review their data governance priorities and consider proactive data governance and dataops practices that go beyond risk management objectives. I reviewed some of these agents, and found several AI capabilities that can become competitive differentiators.

Sales 131

Sales Metrics Data-driven Measurement 131

CIO Business Intelligence

OCTOBER 20, 2023

According to the 2024 IT Salary report from Robert Half , these are some of the most valuable certifications IT professionals can hold in the coming year. Whatever your reason for getting certified, certifications are a great way to strengthen your resume, set yourself apart from other candidates in a job search, and boost your salary.

IT 137

IT Consulting IoT Testing 137

CIO Business Intelligence

JULY 6, 2023

From 1 January 2024, the provisions relating to supplier risk management will also apply to companies with more than 1,000 employees. Through an extensive risk analysis , the business partner portfolio is gradually stratified and high-risk business partners are identified for full SCDDA compliance.

Cost-Benefit 79

Cost-Benefit Risk Digital Transformation Risk Management 79