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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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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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5 top business use cases for AI agents

CIO Business Intelligence

Meanwhile, in December, OpenAIs new O3 model, an agentic model not yet available to the public, scored 72% on the same test. Mitre has also tested dozens of commercial AI models in a secure Mitre-managed cloud environment with AWS Bedrock. And EY uses AI agents in its third-party risk management service.

Software 143
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CIO insights: What’s next for AI in the enterprise?

CIO Business Intelligence

CIOs are under increasing pressure to deliver AI across their enterprises – a new reality that, despite the hype, requires pragmatic approaches to testing, deploying, and managing the technologies responsibly to help their organizations work faster and smarter. The top brass is paying close attention.

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How to Gain Greater Confidence in your Climate Risk Models

Cloudera

Understanding a firm’s exposure to climate risk begins with creating scenarios and gaining better visibility to the impact of a variety of variables on the book of business. Stress testing was heavily scrutinized in the post 2008 financial crisis. The climate risk model makes robust scenarios possible. Assess Variables.

Risk 80
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CDOs: Your AI is smart, but your ESG is dumb. Here’s how to fix it

CIO Business Intelligence

Highlight how ESG metrics can enhance risk management, regulatory compliance and brand reputation. Hosting internal workshops and knowledge-sharing sessions can help integrate sustainability into corporate culture. This article was made possible by our partnership with the IASA Chief Architect Forum.

IT 59
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Optimizing Risk and Exposure Management – Roundtable Highlights

Cloudera

We recently hosted a roundtable focused on o ptimizing risk and exposure management with data insights. For financial institutions and insurers, risk and exposure management has always been a fundamental tenet of the business. Now, risk management has become exponentially complicated in multiple dimensions. .

Risk 100