CIO Business Intelligence

DECEMBER 20, 2024

As concerns about AI security, risk, and compliance continue to escalate, practical solutions remain elusive. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. Additionally, does your enterprise flat-out restrict or permit public LLM access?

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Risk Measurement Modeling Interactive 105

CIO Business Intelligence

OCTOBER 15, 2024

Driven by the development community’s desire for more capabilities and controls when deploying applications, DevOps gained momentum in 2011 in the enterprise with a positive outlook from Gartner and in 2015 when the Scaled Agile Framework (SAFe) incorporated DevOps. It may surprise you, but DevOps has been around for nearly two decades.

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. An enterprise starts by using a framework to formalize its processes and procedures, which gets increasingly difficult as data science programs grow. What Is Model Risk? Types of Model Risk.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

AUGUST 30, 2023

In my previous column in May, when I wrote about generative AI uses and the cybersecurity risks they could pose , CISOs noted that their organizations hadn’t deployed many (if any) generative AI-based solutions at scale. This includes documentation of the risks and potential impacts of AI technology.

Enterprise 132

Enterprise Risk Measurement Software 132

CIO Business Intelligence

FEBRUARY 21, 2025

Birmingham City Councils (BCC) troubled enterprise resource planning (ERP) system, built on Oracle software, has become a case study of how large-scale IT projects can go awry. There are multiple reports including one from a manager at BCC highlighting the discrepancies at the Council, way back in June 2023.

Reporting 91

Reporting Risk Testing Risk Management 91

CIO Business Intelligence

JULY 10, 2024

The only significant increase in risk mitigation was in accuracy, where 38% of respondents said they were working on reducing risk of hallucinations, up from 32% last year. However, organizations that followed risk management best practices saw the highest returns from their investments.

Enterprise 136

Enterprise Risk Modeling Risk Management 136

CIO Business Intelligence

MARCH 19, 2025

However, embedding ESG into an enterprise data strategy doesnt have to start as a C-suite directive. Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies.

IT 59

IT Data Governance Data-driven Metrics 59

John Wheeler

NOVEMBER 25, 2020

Integrated risk management (IRM) technology is uniquely suited to address the myriad of risks arising from the current crisis and future COVID-19 recovery. Provide a full view of business operations by delivering forward-looking measures of related risk to help customers successfully navigate the COVID-19 recovery.

Marketing 110

Marketing Risk Management Risk Digital Transformation 110

Smart Data Collective

APRIL 30, 2021

Businesses cannot risk putting data security aside. With hackers and identity thieves using more advanced methods, it’s crucial for any enterprise to adopt new tools in keeping sensitive data from falling into the wrong hands and preventing cases of fraud. Install an enterprise VPN. million to a data breach.

Enterprise 107

Enterprise Risk Measurement Software 107

IBM Big Data Hub

MARCH 4, 2024

While many organizations have implemented AI, the need to keep a competitive edge and foster business growth demands new approaches: simultaneously evolving AI strategies, showcasing their value, enhancing risk postures and adopting new engineering capabilities. This requires a holistic enterprise transformation. times higher ROI.

Enterprise 96

Enterprise ROI Risk Strategy 96

Alation

JANUARY 9, 2023

Alation joined with Ortecha , a data management consultancy, to publish a white paper providing insights and guidance to stakeholders and decision-makers charged with implementing or modernising data risk management functions. The Increasing Focus On Data Risk Management. Download the complete white paper now.

Risk Management 52

Risk Management Risk Management Metadata 52

CIO Business Intelligence

MAY 24, 2024

GRC certifications validate the skills, knowledge, and abilities IT professionals have to manage governance, risk, and compliance (GRC) in the enterprise. What are GRC certifications?

Risk 119

Risk Risk Management Management Enterprise 119

O'Reilly on Data

NOVEMBER 13, 2018

We recently conducted a survey which garnered more than 11,000 respondents—our main goal was to ascertain how enterprises were using machine learning. Classification parity means that one or more of the standard performance measures (e.g., Let’s begin by looking at the state of adoption.

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Machine Learning Risk Management Statistics 277

CIO Business Intelligence

JULY 22, 2024

Saurabh Gugnani, Director and Head of CyberDefence, IAM, and Application Security at Netherlands-headquartered TMF Group, added that a diversified approach to cloud strategies could mitigate such risks. Yes, they [enterprises] should revisit cloud strategies. It has to be a mix of all the available solutions.” Microsoft said around 8.5

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Strategy Testing Risk Management Risk 143

CIO Business Intelligence

JUNE 27, 2024

The issue has become a concern for builders of generative AI models and the enterprises that use them, as some data sets used in AI training have legally and ethically uncertain origins. Trade associations like the DPA may play a role in supporting the enforcement of such legislation and advocating for other similar measures.

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Risk Measurement Risk Management Strategy 128

Smart Data Collective

MAY 4, 2023

As data breaches continue to be a serious concern, organizations need to take stringent measures to protect against them. One issue that they need to take into consideration is the importance of third-party data security risks caused by improper vendor security. Vendor security plays a pivotal role in third-party risk management.

Risk Management 114

Risk Management Key Performance Indicator Measurement Risk 114

CIO Business Intelligence

JANUARY 6, 2025

These regulations mandate strong risk management and incident response frameworks to safeguard financial operations against escalating technological threats. DORA mandates explicit compliance measures, including resilience testing, incident reporting, and third-party risk management, with non-compliance resulting in severe penalties.

Risk Management 52

Risk Management Risk Insurance Reporting 52

erwin

MARCH 12, 2020

Forrester recently released its “Now Tech: Enterprise Architecture Management Suites for Q1 2020” to give organizations an enterprise architecture (EA) playbook. It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. Guess what?

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

JUNE 21, 2022

Everybody makes mistakes, but when a CIO messes up, the consequences can be devastating to the instigator, as well as the entire IT department and enterprise. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

IT 116

IT Risk Measurement Risk Management 116

DataRobot Blog

NOVEMBER 17, 2022

What’s your AI risk mitigation plan? Just as you wouldn’t set off on a journey without checking the roads, knowing your route, and preparing for possible delays or mishaps, you need a model risk management plan in place for your machine learning projects. Enterprise Ready AI: Managing Governance and Risk.

Risk Management 52

Risk Management Risk Modeling Management 52

CIO Business Intelligence

DECEMBER 28, 2023

As a result, managing risks and ensuring compliance to rules and regulations along with the governing mechanisms that guide and guard the organization on its mission have morphed from siloed duties to a collective discipline called GRC. Risk is about where the organization wants to play and where it does not want to play.

Risk 115

Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

MARCH 4, 2025

IDCs June 2024 Future Enterprise Resiliency and Spending Survey, Wave 6 , found that approximately 33% of organizations experienced system or data access disruption for one week or more due to ransomware. It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans.

Testing 64

Testing Risk Consulting Risk Management 64

CIO Business Intelligence

JULY 1, 2024

Lastly, CLTR said, capacity to monitor, investigate, and respond to incidents needs to be enhanced through measures such as the establishment of a pilot AI incident database. Real-time monitoring tools are essential, according to Luke Dash, CEO of risk management platform ISMS.online.

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Reporting Risk Management Experimentation Risk 129

CIO Business Intelligence

JUNE 23, 2023

Other focus areas include data and content management (60%), DevOps (58%), infrastructure and application modernization (58%), automation (57%), and enterprise storage (35%). Risk Management: Risk management is a critical focus for technology professionals.

IT 98

IT Risk Management Risk Optimization 98

bridgei2i

MAY 4, 2020

PODCAST: COVID 19 | Redefining Digital Enterprises. She feels while the short-term focus will be on crisis-management and survival, businesses will increasingly turn to intelligent automation across sectors once they start recovering. You’re listening to AI to Impact by BRIDGEi2i, a podcast on AI for the digital enterprise.

Enterprise 91

Enterprise Digital Transformation Sales Recreation/Entertainment 91

CIO Business Intelligence

AUGUST 6, 2024

This article explores the lessons businesses can learn from the CrowdStrike outage and underscores the importance of proactive measures like performing a business impact assessment (BIA) to safeguard operations against similar disruptions. This knowledge can inform your own risk management and business continuity strategies.

Risk Management 111

Risk Management Risk Testing Finance 111

CIO Business Intelligence

JULY 25, 2024

The outage put enterprises, cloud services providers, and critical infrastructure providers into precarious positions, and has drawn attention to how dominant CrowdStrike’s market share has become, commanding an estimated 24% of the endpoint detection and response (EDR) market. It also highlights the downsides of concentration risk.

Risk 144

Risk Cost-Benefit Strategy Enterprise 144

Smart Data Collective

JULY 19, 2021

A data center colocation is also known as colo and it is a particular set of data center services that usually mainly deal with providing safe space for enterprise companies to store data, storage-related hardware and other pieces of equipment. This is definitely the main reason why enterprises are attracted by data center colo services.

Cost-Benefit 133

Cost-Benefit Risk Management Risk Consulting 133

IBM Big Data Hub

FEBRUARY 22, 2024

As we see enterprises increasingly face geographic requirements around sovereignty, IBM Cloud® is committed to helping clients navigate beyond the complexity so they can drive true transformation with innovative hybrid cloud technologies. We believe this is particularly important with the rise of generative AI.

Enterprise 73

Enterprise Risk Data Processing Business Driver 73

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes. In this case, regulation could be the mother of enterprise data governance.

Data Strategy 65

Data Strategy Strategy Enterprise Insurance 65

Smart Data Collective

DECEMBER 17, 2021

Critical data, whether for enterprises or individuals, is literally critical. At least, the painstaking efforts accumulated will be wasted, which will seriously affect the regular operation of the enterprise and cause huge losses to the business. You have to take steps to protect it from data loss. What is backup?

Cost-Benefit 126

Cost-Benefit Big Data Measurement ROI 126

CIO Business Intelligence

SEPTEMBER 6, 2023

Venables observes that there have been many cases over the past decade in which enterprises have invested deeply in cybersecurity products yet haven’t upgraded their overall IT infrastructure or modernized their approach to software development. This is equivalent to building on sand,” he states. Planning is critical, Folk says.

IT 142

IT ROI Risk Strategy 142

Cloudera

OCTOBER 20, 2021

Firms face critical questions related to these disclosures and how climate risk will affect their institutions. What are the key climate risk measurements and impacts? When it comes to measuring climate risk, generating scenarios will be a critical tactic for financial institutions and asset managers.

Risk 80

Risk Modeling Risk Management Measurement 80

CIO Business Intelligence

APRIL 29, 2022

A recent report by Enterprise Strategy Group, commissioned by Hewlett Packard Enterprise, explains why data-first thinking matters: because they move faster than their competitors. Table 1 shows the typical levels enterprises go through on the path to data-first maturity, as defined in the HPE Edge-to-Cloud Adoption Framework.

Digital Transformation 132

Digital Transformation Strategy Data-driven Data Strategy 132

CIO Business Intelligence

MAY 18, 2022

The discipline of enterprise architecture (EA) is often criticized for forcing technology choices on business users or producing software analyses no one uses. Forrester Research has identified more than 20 types of enterprise architecture roles being used by its clients. You need an ecosystem of subject-matter experts.

Enterprise 122

Enterprise Measurement Data-driven Software 122

Smart Data Collective

OCTOBER 26, 2023

The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information. This empowers employees to adequately support the firm’s security goals.

Technology 123

Technology Risk Measurement Data-driven 123

CIO Business Intelligence

MAY 28, 2024

That’s because one of the largest challenges in enterprise and consumer perception of AGI relates to security, according to Jain. Therefore, it is essential to integrate security measures, risk management, and ethical considerations from the design stage, rather than as an afterthought.”

Risk 116

Risk Risk Management Consulting Modeling 116