DataRobot Blog

JUNE 27, 2022

If the assumptions are being breached due to fundamental changes in the process being modeled, the deployed system is not likely to serve its intended purpose, thereby creating further model risk that the institution must manage. These observations would have spanned a distribution, which the model leveraged to make its forecasts.

Risk 59

Risk Modeling Metrics Measurement 59

CIO Business Intelligence

JULY 22, 2024

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. The company’s internal communication was significantly disrupted as its entire network, including Outlook, Teams, and SharePoint, is hosted on Microsoft 365. Microsoft said around 8.5

Strategy 143

Strategy Testing Risk Management Risk 143

CIO Business Intelligence

OCTOBER 9, 2024

However, this enthusiasm may be tempered by a host of challenges and risks stemming from scaling GenAI. Optimizing GenAI with data management More than ever, businesses need to mitigate these risks while discovering the best approach to data management. That’s why many enterprises are adopting a two-pronged approach to GenAI.

Strategy 142

Strategy Modeling Management Data Lake 142

DataRobot Blog

MAY 26, 2022

To start with, SR 11-7 lays out the criticality of model validation in an effective model risk management practice: Model validation is the set of processes and activities intended to verify that models are performing as expected, in line with their design objectives and business uses.

Risk 52

Risk Modeling Metrics Business Objectives 52

CIO Business Intelligence

SEPTEMBER 12, 2024

These same decision-makers identify a host of challenges in implementing generative AI, so chances are that a significant portion of use is “unsanctioned.” The perils of unsanctioned generative AI The added risks of shadow generative AI are specific and tangible and can threaten organizations’ integrity and security.

Experimentation 111

Experimentation Risk Cost-Benefit Strategy 111

CIO Business Intelligence

APRIL 25, 2024

Prepare now, thank yourself later While these mergers and acquisitions can be a positive catalyst for progress, the urge to rapidly close deals and return to business operations can outweigh ensuring proper security measures are in place – and so companies aren’t adopting one another’s poor security posture or hygiene. Cloud Management

Measurement 98

Measurement Risk Data Processing Marketing 98

CIO Business Intelligence

OCTOBER 22, 2024

By 2028, 40% of large enterprises will deploy AI to manipulate and measure employee mood and behaviors, all in the name of profit. “AI By 2027, 70% of healthcare providers will include emotional-AI-related terms and conditions in technology contracts or risk billions in financial harm.

IoT 135

IoT Risk Enterprise Cost-Benefit 135

Smart Data Collective

SEPTEMBER 13, 2023

Hosting Your Own Website and Network Businesses that want to enjoy full control over their IT infrastructure opt for setting up everything in-house. The main benefit of hosting your own website and managing your own network can provide immense control and flexibility over your digital content and infrastructure. Financial health.

IT 106

IT Cost-Benefit Data Processing Software 106

Smart Data Collective

OCTOBER 8, 2023

A growing number of companies are recognizing that they need to take proactive measures to help bolster their data security. Software companies are among those most heavily affected, so they are taking dramatic measures. And today, we’ll talk about the most significant of these risks. However, they also pose a considerable risk.

Software 113

Software IoT Risk Internet of Things 113

IBM Big Data Hub

APRIL 15, 2024

The average employee works on autopilot, and to ensure that cybersecurity issues and risks are ingrained in their day-to-day decisions, we need to design and build programs that truly understand their intuitive way of working. This needs to be coupled with effective metrics to measure progress and demonstrate the value.

Metrics 86

Metrics Measurement Risk Data Processing 86

CIO Business Intelligence

SEPTEMBER 24, 2024

As part of its “next steps” to address the issue, the company stated that “ServiceNow is continuing our preparation work to roll out the SSL Root certificate chain and remove the expired certificate used by your hosted instance.”

Data Processing 119

Data Processing Reporting Enterprise Measurement 119

Smart Data Collective

APRIL 24, 2022

An extremely good principle and starting point would be to honestly quantify the cybersecurity risk in your organization. To help administrators secure hosts consistently and efficiently, organizations should consider combining data security automation solutions with OS and application setup checklists.

Data Processing 127

Data Processing Risk Measurement Technology 127

CIO Business Intelligence

MAY 14, 2024

Private cloud providers may be among the key beneficiaries of today’s generative AI gold rush as, once seemingly passé in favor of public cloud, CIOs are giving private clouds — either on-premises or hosted by a partner — a second look. The excitement and related fears surrounding AI only reinforces the need for private clouds.

IT 143

IT Data Processing Enterprise Modeling 143

bridgei2i

APRIL 23, 2020

How much will the bank’s bottom line be impacted depends on a host of unknowns. The banking sector globally is definitely going to see impact, some more grave than the others and most of them are announcing short to mid term measure both from a customer and business risk mitigation standpoint. Understanding & Managing Risks.

Risk 52

Risk Management Scorecard Forecasting 52

CIO Business Intelligence

JUNE 24, 2024

Yet throughout the evening, the common denominator was the need to reduce uncertainty and manage risk. NinjaOne is hosting the next edition of the IT Directors’ Dinner on July 18th 2024 at the NoMad Restaurant in Covent Garden, London. Here are five main takeaways from the event.

IT 98

IT Uncertainty Manufacturing Data Processing 98

IBM Big Data Hub

MAY 28, 2024

A data protection strategy is a set of measures and processes to safeguard an organization’s sensitive information from data loss and corruption. It can also help them reduce vulnerabilities and ensure data is efficiently managed, compliant with regulations, and not at risk of misuse or loss. What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

JUNE 13, 2024

Not instant perfection The NIPRGPT experiment is an opportunity to conduct real-world testing, measuring generative AI’s computational efficiency, resource utilization, and security compliance to understand its practical applications. For now, AFRL is experimenting with self-hosted open-source LLMs in a controlled environment.

Testing 119

Testing Experimentation Data Processing Modeling 119

CIO Business Intelligence

SEPTEMBER 29, 2023

Prevention: Nearly 75% of Forbes Global 2000 companies haven’t implemented vital domain security measures, indicating continued widespread susceptibility to domain and website spoofing. SMBs and startups are equally at risk. You need to use a reputable registrar and hosting provider. It is impossible to know their approaches.

Data Processing 140

Data Processing Behavioral Analytics Testing Software 140

CIO Business Intelligence

JUNE 14, 2024

This raises the serious risk that an LLM could reveal sensitive proprietary business information. If it isn’t hosted on your infrastructure, you can’t be as certain about its security posture. However, these three GenBI solutions demonstrate that it’s possible to benefit from GenAI without risking a security breach.

Dashboards 124

Dashboards Visualization Business Intelligence Risk 124

Smart Data Collective

SEPTEMBER 20, 2023

Let’s explore how IoT and Cloud Integration work hand in hand to power the future: Of course, there are a lot of risks associated with cloud computing. However, cloud platforms are continually investing in advanced security measures. However, there are far more benefits that cannot be overlooked.

IoT 124

IoT Internet of Things Cost-Benefit Manufacturing 124

IBM Big Data Hub

NOVEMBER 14, 2023

This growth could be internal cost effectiveness, stronger risk compliance, increasing the economic value of a partner ecosystem, or through new revenue streams. Internal data monetization initiatives measure improvement in process design, task guidance and optimization of data used in the organization’s product or service offerings.

Strategy 103

Strategy Cost-Benefit Data-driven Measurement 103

IBM Big Data Hub

APRIL 11, 2024

Compliance with official policies through auditing tools and other measures is merely the final step. In An Overview of Catastrophic AI Risks , the authors identify several mitigations that can be addressed through governance and regulation (in addition to cybersecurity). ” Academic and scientific perspectives are also essential.

Risk 74

Risk Consulting Data Processing Modeling 74

CIO Business Intelligence

JULY 17, 2023

Cloud infrastructure is especially sensitive, as many critical applications are at risk, such as customer-facing applications. Good Dog Communications in Partnership with Verizon and Edgio recently hosted a webinar, “The Rise of Cloud Exploitation, ” that spoke directly to cyberthreats targeting web apps and security best practices.

Management 98

Management Data Processing Risk Digital Transformation 98

Smart Data Collective

MARCH 7, 2021

There are a lot of ways companies are using new advances in machine learning and other data technologies to mitigate the risks of cyberattacks. Attackers target mostly small to medium companies because they don’t take enough preventive measures against cyberattacks. VPN & Secured Hosting. Limit Administrative Privileges.

Big Data 129

Big Data Insurance Data Processing Software 129

CIO Business Intelligence

DECEMBER 21, 2023

By analyzing large volumes of clean data from various sources, such as network traffic logs and user behavior patterns, AI can correctly identify anomalies and potential security breaches that may go unnoticed by traditional security measures. 300% more early detection for malicious hosts.

Data-driven 105

Data-driven Risk Enterprise Cost-Benefit 105

Smart Data Collective

OCTOBER 26, 2023

AI poses a number of benefits and risks for modern businesses. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. Cybersecurity aims to stop malicious activities from happening by preventing unauthorized access and reducing risks.

Technology 98

Technology Risk Measurement IoT 98

Smart Data Collective

JULY 27, 2022

Data security of a software application is the set of security measures implemented to prevent unauthorized access while protecting the data from being lost or corrupted. Businesses should choose a reputable and reliable hosting provider to secure the data on servers. However, this also means you rely on the server’s security.

Software 119

Software Data Processing Measurement Risk 119

Smart Data Collective

AUGUST 30, 2022

It also allows companies to offload large amounts of data from their networks by hosting it on remote servers anywhere on the globe. The testing helps reduce the overall cost, time, and risk associated with building new hardware so companies can focus more on their core business functions. Multi-cloud computing.

Technology 135

Technology Enterprise Cost-Benefit Testing 135

Cloudera

NOVEMBER 16, 2022

I recently had the privilege of attending the CDAO event in Boston hosted by Corinium. Some examples provided across the financial services and insurance sessions included: Related to the focus on business impacts were discussions on how to measure the value enabled by the data office. Are you playing offense or defense? Change agents.

Insurance 80

Insurance Cost-Benefit Metrics Measurement 80

bridgei2i

MAY 27, 2021

In the latest episode of ‘The Data Strategy Show’, host Samir Sharma engages Prithvijit(Jit) Roy and Pritam K Paul, Co-Founders of BRIDGEi2i, in a riveting discussion. It’s also crucial for enterprises to plan for contingencies and take preventive measures to ensure biases do not creep into datasets after implementing algorithms into pilots.

Statistics 98

Statistics Digital Transformation Data Processing Forecasting 98

CIO Business Intelligence

FEBRUARY 7, 2023

The chat brought together a host of security consultants and practitioners who weren’t shy about weighing in with their thoughts on a series of questions around the main topic: how to remain secure during cloud migrations. Assess end to end risk/ #security , PIA, clearly define data ownership via #datagovernance. you own it.

Data Processing 119

Data Processing Risk Management Risk Consulting 119

Cloudera

OCTOBER 8, 2024

A major risk is data exposure — AI systems must be designed to align with company ethics and meet strict regulatory standards without compromising functionality. Ensuring that AI systems prevent breaches of client confidentiality, personally identifiable information (PII), and data security is crucial for mitigating these risks.

Optimization 75

Optimization Experimentation Metrics Modeling 75

IBM Big Data Hub

JANUARY 9, 2024

Companies still often accept the risk of using internal data when exploring large language models (LLMs) because this contextual data is what enables LLMs to change from general-purpose to domain-specific knowledge. Increased variance: Variance measures consistency. One potential solution is to use remote runtime options like.

Enterprise 71

Enterprise Data Integration Data Quality Contextual Data 71

CIO Business Intelligence

JULY 13, 2022

Across the globe, cloud concentration risk is coming under greater scrutiny. The proposal would grant authority to classify a third party as “critical” to the financial stability and welfare of the UK financial system, and then provide governance in order to minimize the potential systemic risk. We all know the drill. .

Insurance 98

Insurance Risk Marketing Data Processing 98

Cloudera

FEBRUARY 23, 2023

Every day in the US thousands of legitimate prescriptions for the opioid class of pharmaceuticals are written to mitigate acute pain during post-operation recovery, chronic back and neck pain, and a host of other cases where patients experience moderate-to-severe discomfort.

Data Analytics 76

Data Analytics Analytics Data Processing Risk 76

Smart Data Collective

MARCH 25, 2020

Machine learning is changing the web hosting industry in countless ways. Many third-party hosting providers, such as Amazon Web Services have started utilizing machine learning in different capacities. More traditional hosting providers are also using machine learning in different capacities.

Machine Learning 93

Machine Learning Data Processing Measurement Business Intelligence 93

CIO Business Intelligence

SEPTEMBER 23, 2022

A private cloud can be hosted either in an organization’s own?data An organization may host some services in one cloud and others with a different provider. This model has the highest level of security risk due to the volume of data and access. Public clouds offer large scale at low cost.

Data Processing 98

Data Processing Metadata Cost-Benefit Risk Management 98