CIO Business Intelligence

DECEMBER 18, 2024

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. To respond, CIOs are doubling down on organizational resilience.

Risk 106

Risk Risk Management Cost-Benefit Measurement 106

datapine

MAY 31, 2022

More and more CRM, marketing, and finance-related tools use SaaS business intelligence and technology, and even Adobe’s Creative Suite has adopted the model. We mentioned the hot debate surrounding data protection in our definitive business intelligence trends guide. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

DECEMBER 5, 2024

This issue resulted in incorrect risk assessments, where high-risk claims were mistakenly approved, and legitimate claims were wrongly flagged as fraudulent. This approach minimizes risks, maintains customer trust, and ensures the delivery of reliable insights.

Enterprise 106

Enterprise Insurance Unstructured Data Business Intelligence 106

CIO Business Intelligence

JULY 23, 2024

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142

Risk IT Risk Management Cost-Benefit 142

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

JANUARY 6, 2025

But as with any transformative technology, AI comes with risks chief among them, the perpetuation of biases and systemic inequities. If these relationships prioritize profit over fairness or innovation over inclusion, entire communities risk being excluded from the benefits of AI. Black professionals make up just 8.6%

IT 125

IT Risk Technology Testing 125

CIO Business Intelligence

SEPTEMBER 26, 2024

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

MARCH 25, 2025

CIOs perennially deal with technical debts risks, costs, and complexities. While the impacts of legacy systems can be quantified, technical debt is also often embedded in subtler ways across the IT ecosystem, making it hard to account for the full list of issues and risks.

Risk 140

Risk Cost-Benefit Data-driven Digital Transformation 140

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

Risk 136

Risk Insurance Cost-Benefit Software 136

CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. By adopting AI-driven approaches, businesses can better anticipate potential threats, make data-informed decisions, and bolster the security of their assets and operations.

Risk Management 59

Risk Management Risk Management Data-driven 59

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128

Risk IT IoT Statistics 128

CIO Business Intelligence

JANUARY 14, 2025

Ethical, legal, and compliance preparedness helps companies anticipate potential legal issues and ethical dilemmas, safeguarding the company against risks and reputational damage, he says. Whats our risk tolerance, and what safeguards are necessary to ensure safe, secure, ethical use of AI?

Strategy 141

Strategy ROI Experimentation Risk 141

CIO Business Intelligence

OCTOBER 24, 2024

While LLMs are trained on large amounts of information, they have expanded the attack surface for businesses. From prompt injections to poisoning training data, these critical vulnerabilities are ripe for exploitation, potentially leading to increased security risks for businesses deploying GenAI.

Risk 128

Risk Measurement Optimization Machine Learning 128

CIO Business Intelligence

OCTOBER 23, 2024

Despite AI’s potential to transform businesses, many senior technology leaders find themselves wrestling with unpredictable expenses, uneven productivity gains, and growing risks as AI adoption scales, Gartner said. This creates new risks around data privacy, security, and consistency, making it harder for CIOs to maintain control.

Enterprise 141

Enterprise Cost-Benefit Broadcasting Risk 141

CIO Business Intelligence

MARCH 25, 2025

Companies pilot-to-production rates can vary based on how each enterprise calculates ROI especially if they have differing risk appetites around AI. Its about the risk and their willingness to accept that risk and the potential lack of accuracy, Hayden says. Its going to vary dramatically.

ROI 127

ROI IT Experimentation Risk 127

CIO Business Intelligence

OCTOBER 28, 2024

An AI-powered transcription tool widely used in the medical field, has been found to hallucinate text, posing potential risks to patient safety, according to a recent academic study. Despite this, many healthcare providers are already adopting it for transcribing patient consultations.

Risk 120

Risk Reporting Machine Learning Consulting 120

CIO Business Intelligence

NOVEMBER 27, 2024

Unfortunately, implementing AI at scale is not without significant risks; whether it’s breaking down entrenched data siloes or ensuring data usage complies with evolving regulatory requirements. The platform also offers a deeply integrated set of security and governance technologies, ensuring comprehensive data management and reducing risk.

Data Governance 132

Data Governance Risk Insurance Metadata 132

CIO Business Intelligence

MARCH 19, 2025

SpyCloud , the leading identity threat protection company, today released its 2025 SpyCloud Annual Identity Exposure Report , highlighting the rise of darknet-exposed identity data as the primary cyber risk facing enterprises today. Additional Report Findings: 17.3

Risk 52

Risk Reporting Measurement Enterprise 52

CIO Business Intelligence

NOVEMBER 15, 2024

These uses do not come without risk, though: a false alert of an earthquake can create panic, and a vulnerability introduced by a new technology may risk exposing critical systems to nefarious actors.”

Risk 119

Risk Risk Management Strategy Reporting 119

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk.

Risk 125

Risk Technology Cost-Benefit Internet of Things 125

CIO Business Intelligence

OCTOBER 22, 2024

By 2027, 70% of healthcare providers will include emotional-AI-related terms and conditions in technology contracts or risk billions in financial harm. New security and risk solutions will be necessary as AI agents significantly increase the already invisible attack surface at enterprises.

Enterprise 135

Enterprise Risk IoT Cost-Benefit 135

CIO Business Intelligence

NOVEMBER 11, 2024

For the global risk advisor and insurance broker that includes use cases for drafting emails and documents, coding, translation, and client research. CIOs need to be aware of the changing tides in this space and meter investment to align with the risk tolerance of their company,” Melby says. “It

ROI 137

ROI Cost-Benefit Risk Experimentation 137

CIO Business Intelligence

MARCH 19, 2025

There are risks around hallucinations and bias, says Arnab Chakraborty, chief responsible AI officer at Accenture. So far, over half a million lines of code have been processed but human supervision is required due to the risk of hallucinations and other quality problems. Thats the way it was normally done, until gen AI came along.

Software 143

Software Risk Enterprise Cost-Benefit 143

David Menninger's Analyst Perspectives

OCTOBER 15, 2024

Waiting too long to start means risking having to play catch-up. Weighing the pros and cons of standing pat versus taking action with respect to AI and GenAI should be an ongoing exercise because the technology is evolving rapidly, and competitive business conditions are continually transforming.

Cost-Benefit 204

Cost-Benefit Risk Forecasting Software 204

CIO Business Intelligence

DECEMBER 5, 2024

Tech supply chain risks South Korea’s semiconductor ecosystem, driven by industry leaders like Samsung and SK Hynix, is a cornerstone of global technology supply chains. This approach also involves mitigating risks associated with single points of failure, and the political instability in South Korea underscores this need.

Uncertainty 111

Uncertainty Risk Manufacturing Strategy 111

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 139

Enterprise Data Architecture Unstructured Data Insurance 139

CIO Business Intelligence

NOVEMBER 28, 2024

Ensuring that digital systems work smoothly while becoming full business partners with peers from the executive team is a shift that underscores the expected function of IT leaders today. Here are key attributes of those who embody this new standard in order to succeed in the current multifaceted business environment.

IT 130

IT Data Governance Risk Consulting 130

CIO Business Intelligence

NOVEMBER 1, 2024

One of the world’s largest risk advisors and insurance brokers launched a digital transformation five years ago to better enable its clients to navigate the political, social, and economic waves rising in the digital information age.

IT 122

IT Insurance Consulting Risk 122

CIO Business Intelligence

JANUARY 6, 2025

One of them is Katherine Wetmur, CIO for cyber, data, risk, and resilience at Morgan Stanley. Wetmur says Morgan Stanley has been using modern data science, AI, and machine learning for years to analyze data and activity, pinpoint risks, and initiate mitigation, noting that teams at the firm have earned patents in this space.

IT 140

IT Cost-Benefit Measurement Experimentation 140

CIO Business Intelligence

JANUARY 7, 2025

Regardless of the driver of transformation, your companys culture, leadership, and operating practices must continuously improve to meet the demands of a globally competitive, faster-paced, and technology-enabled world with increasing security and other operational risks.

Digital Transformation 143

Digital Transformation Experimentation Cost-Benefit Strategy 143

CIO Business Intelligence

JANUARY 15, 2025

According to research from NTT DATA , 90% of organisations acknowledge that outdated infrastructure severely curtails their capacity to integrate cutting-edge technologies, including GenAI, negatively impacts their business agility, and limits their ability to innovate. [1]

Cost-Benefit 125

Cost-Benefit Data-driven Enterprise Risk 125

CIO Business Intelligence

DECEMBER 18, 2024

Financial institutions have an unprecedented opportunity to leverage AI/GenAI to expand services, drive massive productivity gains, mitigate risks, and reduce costs. GenAI is also helping to improve risk assessment via predictive analytics.

Forecasting 105

Forecasting Predictive Analytics Risk Finance 105

CIO Business Intelligence

JANUARY 14, 2025

Technical foundation Conversation starter : Are we maintaining reliable roads and utilities, or are we risking gridlock? DevSecOps maturity Conversation starter : Are our daily operations stuck in manual processes that slow us down or expose us to risks? Like a citys need for reliable infrastructure and well-maintained services.

Enterprise 120

Enterprise Technology Metrics Measurement 120

CIO Business Intelligence

JANUARY 21, 2025

Theres also the risk of over-reliance on the new systems. Cybersecurity teams will need to reevaluate the relative importance of data assets, update inventories, and account for new threats and risks these AI systems might bring to their organizations. While AI is undoubtedly powerful, its not infallible.

Behavioral Analytics 122

Behavioral Analytics Data-driven Risk Insurance 122

CIO Business Intelligence

NOVEMBER 6, 2024

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. Finding a balance between risk and reward Saying yes requires strong policies, suggests Dave Moyes, partner of information and digital systems at SimpsonHaugh Architects.

Forecasting 133

Forecasting Risk Technology Strategy 133

CIO Business Intelligence

JANUARY 30, 2025

particular, companies that use AI systems can share their voluntary commitments to transparency and risk control. At least half of the current AI Pact signatories (numbering more than 130) have made additional commitments, such as risk mitigation, human oversight and transparency in generative AI content.

Enterprise 128

Enterprise Risk Reporting Measurement 128

CIO Business Intelligence

JANUARY 21, 2025

CIOs feeling the pressure will likely seek more pragmatic AI applications, platform simplifications, and risk management practices that have short-term benefits while becoming force multipliers to longer-term financial returns. CIOs should consider placing these five AI bets in 2025.

Cost-Benefit 142

Cost-Benefit Data-driven Strategy Marketing 142