Remove 2025 Remove Cost-Benefit Remove Risk Management
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CIOs look to sharpen AI governance despite uncertainties

CIO Business Intelligence

IDC, for instance, recommends the NIST AI Risk Management Framework as a suitable standard to help CIOs develop AI governance in house, as well as EU AI ACT provisions, says Trinidad, who cites best practices for some aspects of AI governance in “ IDC PeerScape: Practices for Securing AI Models and Applications.”

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CIOs eye SaaS backup plans post-CrowdStrike

CIO Business Intelligence

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.

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ISO 20022: Are your payment systems ready?

IBM Big Data Hub

Real-Time Payments, for example, have widely adopted ISO 20022 across many countries, and Wire Payments networks are also announcing their support plans, including Fedwire, Lynx and SWIFT, by the end of 2025. Are your payment systems ready to reap these benefits? Are your payment systems ready for these new opportunities?

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How to minimize remote access cyber security threats in 2024

CIO Business Intelligence

McKinsey & Company estimates that the annual increase of costs related to cybercrime will reach $10.5 trillion by 2025, as cyber risk management has not kept up with digital transformation posing serious risks to organizations’ security and revenue.

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AI on the mainframe? IBM may be onto something

CIO Business Intelligence

Rather than pull away from big iron in the AI era, Big Blue is leaning into it, with plans in 2025 to release its next-generation Z mainframe , with a Telum II processor and Spyre AI Accelerator Card, positioned to run large language models (LLMs) and machine learning models for fraud detection and other use cases. At least IBM believes so.

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Applying cyber resilience to DORA solutions

IBM Big Data Hub

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. the average cost of a data breach was at its highest, reaching $9.48M. In the U.S.,

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How Data Governance Protects Sensitive Data

erwin

Organizations are managing more data than ever. In fact, the global datasphere is projected to reach 175 zettabytes by 2025, according to IDC. With more companies increasingly migrating their data to the cloud to ensure availability and scalability, the risks associated with data management and protection also are growing.