CIO Business Intelligence

MARCH 18, 2024

But while there’s plenty of excitement and change underway, security risks and vulnerabilities have continued to follow right alongside that innovation. This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared.

Risk Management 120

Risk Management Insurance Risk Testing 120

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?

Risk Management 76

Risk Management Risk Testing Management 76

John Wheeler

AUGUST 17, 2021

The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services.

Risk Management 52

Risk Management Risk Forecasting Publishing 52

CIO Business Intelligence

SEPTEMBER 13, 2022

Cyber risk is increasingly a top executive priority, due in large part to the rising number of unplanned outages, driven by the increasingly sophisticated cyberattacks and widening skills gap. What’s the answer to coping with the dynamic nature of risks? Cloud Management And the problem can’t be ignored.

Digital Transformation 97

Digital Transformation Risk Risk Management Publishing 97

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. Respond to threats quickly.

Digital Transformation 124

Digital Transformation Risk Cost-Benefit Risk Management 124

IBM Big Data Hub

APRIL 18, 2023

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. Enhanced Risk Management: better identify and manage risks, such as fraud, credit risk and operational risk.

Risk Management 110

Risk Management Cost-Benefit Risk Data-driven 110

CIO Business Intelligence

AUGUST 25, 2022

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. trillion mark by 2025, noted the “ 2020 Cybersecurity Ventures ” report. million associated with information losses.

Risk Management 116

Risk Management Internet of Things Risk IoT 116

CIO Business Intelligence

MARCH 8, 2023

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. trillion mark by 2025, noted the “ 2020 Cybersecurity Ventures ” report. million associated with information losses.

Modeling 95

Modeling Risk Management Internet of Things Risk 95

CIO Business Intelligence

OCTOBER 29, 2024

Regulators began fully enforcing NIS 2 in October 2024, and DORA does not take full effect until January 2025. How steep are personal compliance penalties? NIS 2 and DORA are quite new.

Gap analysis 115

Gap analysis Insurance Risk Management Marketing 115

IBM Big Data Hub

APRIL 3, 2024

However, there will be a phase-in period for compliance, with the largest companies reporting, as required, on climate-related risks by fiscal year 2025 and on emissions by 2026. IBM offers products that help organizations track and report their environmental impact, and their exposure to climate risk. How can IBM help?

Risk 52

Risk Gap analysis Reporting Risk Management 52

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 2025: all large companies with a net turnover of at least €40 million, assets of at least €20 million, and at least 250 employees.

Reporting 95

Reporting Risk Risk Management Finance 95

CIO Business Intelligence

APRIL 20, 2022

trillion annually by 2025, up from $3 trillion in 2015, according to Cybersecurity Ventures. End-user spending on security and risk management in the Middle East and North Africa (MENA) is forecast to total US$2.6 With a yearly growth rate of 15%, global cybercrime damages are predicted to cost up to $10.5

Forecasting 52

Forecasting Risk Management Reporting Risk 52

erwin

APRIL 2, 2021

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.

Data Governance 106

Data Governance Cost-Benefit Risk Metadata 106

IBM Big Data Hub

FEBRUARY 8, 2023

billion by 2025. There is a growing need to proactively drive responsible, fair, and ethical decisions, designed to: Manage risk and reputation No organization wants to be in the news for the wrong reasons, and recently there have been a lot of stories in the press regarding issues of unfair, unexplainable, or biased AI.

Risk Management 52

Risk Management Risk Metadata Modeling 52

CIO Business Intelligence

OCTOBER 3, 2024

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.

Machine Learning 140

Machine Learning Experimentation Insurance Modeling 140

IBM Big Data Hub

APRIL 11, 2024

EU Parliament’s approval of the EU AI Act (March 2024) The EU AI Act aims to harmonize rules on AI systems across 27 member states to protect fundamental rights, democracy, the rule of law and environmental sustainability from high-risk AI, while boosting innovation and establishing Europe as a leader in the field.

Risk 58

Risk Risk Management Optimization Technology 58

IBM Big Data Hub

APRIL 11, 2023

For example, IBM maintains a multifaceted risk-management approach to identify and help address cybersecurity risks. This includes policies and procedures upon which IBM manages its infrastructure and data, as well as assessments of technical controls and methods for identifying emerging risks.

Reporting 56

Reporting Risk Risk Management Technology 56

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

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. DORA applies to all financial institutions in the EU.

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

CIO Business Intelligence

APRIL 28, 2022

Right from the start, auxmoney leveraged cloud-enabled analytics for its unique risk models and digital processes to further its mission. auxmoney began as a peer-to-peer lender in 2007, with the mission of improving access to credit and promoting financial inclusion.

Analytics 98

Analytics Insurance Big Data Uncertainty 98

CIO Business Intelligence

SEPTEMBER 23, 2022

Sovereign Cloud business estimated TAM is $60B by 2025, in no small part due to the rapid increase of data privacy laws (currently 145 countries have data privacy laws) and the complexity of compliance in highly regulated industries.?. This model has the highest level of security risk due to the volume of data and access.

Data Processing 98

Data Processing Metadata Cost-Benefit Risk Management 98

IBM Big Data Hub

APRIL 21, 2023

Companies that are already subject to the NFRD will need to report on 2024 data (reporting year 2025). Organizations will be required to detail how their business strategy will mitigate the risks associated with these environmental and social issues and publish these disclosures publicly. CSRD on track to enter into force in 2024.

Reporting 43

Reporting Metrics Risk Strategy 43

Alation

MARCH 14, 2023

It also set out a detailed plan to make data ‘ an enduring, strategic asset ’, with clear goals to be reached by 2025. A data strategy is a long-term plan setting out the technologies, processes, people, and rules that manage data. What is a data strategy? Creating a clear process with documented steps will help.

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

FEBRUARY 22, 2024

Amy Cravens, research manager for GRC and ESG at analyst firm IDC, anticipates significant market growth in 2024 and 2025 “as companies prepare for regulatory requirements and perhaps suffer ramifications of compliance failures resulting from insufficient tech enablement.”

Software 98

Software Reporting KPI Enterprise 98

CIO Business Intelligence

APRIL 28, 2023

Sovereign Cloud business estimated the total addressable market (TAM) will be $60bn by 2025, in no small part due to the rapid increase of data privacy laws (currently 145 countries have data privacy laws) and the complexity of compliance in highly regulated industries.​ Hybrid – a mix of public and private clouds.

Data Processing 69

Data Processing Metadata Cost-Benefit Risk Management 69

Cloudera

NOVEMBER 18, 2021

To aid in Africa’s digital transformation, MTN is driving a strategy called Ambition 2025 across all 21 of its independent operating companies in Africa and the Middle East. With such an agile response, customers can transact with minimal disruptions and get access to financial services, without putting employees at risk. .

Data Lake 77

Data Lake Cost-Benefit Digital Transformation Risk 77

BizAcuity

MARCH 31, 2022

By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. By 2025, AI will be the top category driving infrastructure decisions, due to the maturation of the AI market, resulting in a tenfold growth in compute requirements. Source: TCS).

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

Jen Stirrup

OCTOBER 13, 2024

Despite the growing challenges, Gartner research has shown that, by 2025, over 85% of enterprises will assume a cloud-first strategy, but only half will have implemented proper cloud security measures ( Reference ). We need to consider digital risk, where we see financial, societal and technical impacts.

Machine Learning 52

Machine Learning Strategy Risk Enterprise 52

Smart Data Collective

SEPTEMBER 25, 2019

However, according to a 2018 North American report published by Shred-It, the majority of business leaders believe data breach risks are higher when people work remotely. A market forecast from Grand View Research assessed the encryption software market and gave a projection for the period from 2019-2025.

Technology 89

Technology Statistics Strategy Insurance 89

CIO Business Intelligence

JULY 13, 2023

billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year. To fulfill this, companies can be transparent about their strategies and risk management. Governance.

IT 98

IT Internet of Things Strategy IoT 98

CIO Business Intelligence

NOVEMBER 6, 2024

Meanwhile, Gartner predicts at least 30% of gen AI projects will be abandoned after the proof-of-concept stage by 2025. That high level of democratization doesn’t come without risks, and that’s where CIOs, as the guardians of enterprise technology, play a crucial role.

Forecasting 133

Forecasting Risk Technology Strategy 133

Cloudera

SEPTEMBER 10, 2024

Interestingly, Gartner has predicted that at least 30% of GenAI projects will be abandoned after proof of concept by the end of 2025. OCBC Bank ’s adoption of AI has effectively impacted revenue generation and better risk management. In addition, it has improved developers’ efficiency by 20%.

Cost-Benefit 52

Cost-Benefit Data Architecture Metrics Measurement 52

Andrew White

JANUARY 11, 2021

Some data is more a risk than valuable. Value Management or monetization. Risk Management (most likely within context of governance). Product Management. See The Future of Data and Analytics: Reengineering the Decision, 2025. Saul Judah is our main person focusing on D&A risk management.

Data Analytics 52

Data Analytics Analytics Data-driven Finance 52