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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. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

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Cloud analytics migration: how to exceed expectations

CIO Business Intelligence

Mitigating infrastructure challenges Organizations that rely on legacy systems face a host of potential stumbling blocks when they attempt to integrate their on-premises infrastructure with cloud solutions. Their collaboration enables real-time delivery of insights for risk management, fraud detection, and customer personalization.

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5 IT risks CIOs should be paranoid about

CIO Business Intelligence

Security and data governance is a growing challenge, and 61% of companies reported a third-party data breach or security incident, a 49% increase over the last year, according to The 2024 Third-Party Risk Management Study. “Be Create or adapt an alerting system when unexpected spending occurs.

Risk 142
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Why you should care about debugging machine learning models

O'Reilly on Data

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. While our analysis of each method may appear technical, we believe that understanding the tools available, and how to use them, is critical for all risk management teams.

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IRM Is Essential for Digital Transformation Success

John Wheeler

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

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5 top business use cases for AI agents

CIO Business Intelligence

The data is kept in a private cloud for security, and the LLM is internally hosted as well. And EY uses AI agents in its third-party risk management service. Our risk assessors do that work, spending up to 50 hours on one vendor, poring over contracts and other documents to produce a report that calls out risks we observe.

Software 143
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IRM 2020: Market Momentum Continues

John Wheeler

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. These new digital products and services create a host of new risks that require IRM technology. As a result, IRM technology and services market forecast for 2020 is $7.3