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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. In addition, BMC Helix dashboards provide DORA-focused insights and generate reports tailored to DORA-specific requirements.

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Camelot Secure’s AI wizard eases path to cybersecurity compliance

CIO Business Intelligence

The decision to start in a controlled environment and gradually expand AI capabilities allowed Camelot the time to mitigate risks and hone Myrddin before its rollout in September 2024. Myrddin has also freed up teams to focus on risk management and strategic planning instead of getting slowed down by repetitive manual compliance checks.”

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Managing machine learning in the enterprise: Lessons from banking and health care

O'Reilly on Data

After the 2008 financial crisis, the Federal Reserve issued a new set of guidelines governing models— SR 11-7 : Guidance on Model Risk Management. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk. Model risk management. AI projects in financial services and health care.

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A Detailed Introduction on Data Lakes and Delta Lakes

Analytics Vidhya

You may run different types of analytics, from dashboards and visualizations to big data processing, real-time analytics, and machine […]. Introduction A data lake is a central data repository that allows us to store all of our structured and unstructured data on a large scale.

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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset.

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PODCAST: Making AI Real – Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower

bridgei2i

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

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How BI Improves Risk Management within Organisations

Sisense

As businesses adapt to the pandemic and shift to new norms, risk mitigation strategies have become as normal and ubiquitous as having a fire escape in the office. Smarter, AI-driven learning and development initiatives will help mitigate risk in our rapidly evolving world. Minimising risk by ‘infusing’ AI.