CIO Business Intelligence

NOVEMBER 11, 2024

In today’s fast-paced digital environment, enterprises increasingly leverage AI and analytics to strengthen their risk management strategies. By adopting AI-driven approaches, businesses can better anticipate potential threats, make data-informed decisions, and bolster the security of their assets and operations.

Risk Management 59

Risk Management Risk Management Data-driven 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

Domino Data Lab

AUGUST 6, 2021

Model Risk Management is about reducing bad consequences of decisions caused by trusting incorrect or misused model outputs. Systematically enabling model development and production deployment at scale entails use of an Enterprise MLOps platform, which addresses the full lifecycle including Model Risk Management.

Risk Management 64

Risk Management Risk Modeling Enterprise 64

CIO Business Intelligence

DECEMBER 18, 2024

This year saw emerging risks posed by AI , disastrous outages like the CrowdStrike incident , and surmounting software supply chain frailties , as well as the risk of cyberattacks and quantum computing breaking todays most advanced encryption algorithms. Another undeniable factor is the unpredictability of global events.

Risk 92

Risk Risk Management Cost-Benefit ROI 92

CIO Business Intelligence

JULY 22, 2024

Our revised plan includes enhanced communication management, featuring multiple layers to ensure all employees are well-informed about potential issues and their resolution.” Enhanced risk management practices The incident has highlighted the need for improved risk management practices.

Strategy 143

Strategy Testing Risk Management Risk 143

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 helps mitigate risks and ensures accountability.

Risk Management 106

Risk Management Risk Testing Finance 106

CDW Research Hub

MAY 24, 2021

Safeguarding information systems that use, transmit, collect, process, store and share sensitive information has become a top priority. Information security (InfoSec) is a broader practice that encompasses all information flows from end-to-end. Information security requires strategic, tactical and operational planning.

Risk Management 52

Risk Management Risk Unstructured Data Business Objectives 52

CIO Business Intelligence

DECEMBER 10, 2024

Set clear, measurable metrics around what you want to improve with generative AI, including the pain points and the opportunities, says Shaown Nandi, director of technology at AWS. In HR, measure time-to-hire and candidate quality to ensure AI-driven recruitment aligns with business goals.

Sales 134

Sales Metrics Data-driven Measurement 134

Smart Data Collective

JULY 4, 2021

Data analytics is another science that uses AI and is utilized by analysts to gather information so that they can discern and act on worthy investments. Partnered with natural language processing (NLP), AI software can pull relevant information from sets of unstructured data. Risk Management. For Non-Tech Users.

Machine Learning 143

Machine Learning Management B2B Unstructured Data 143

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. The truth is that data breaches are as common as ever.

Risk Management 86

Risk Management Key Performance Indicator Measurement Risk 86

CIO Business Intelligence

DECEMBER 12, 2024

CIOs and organizations recognizing this risk (and following recommendations of research firms) are now embedding specific requirements in their vendor and partner contracts. They are demanding clear assurances on how AI-related risks are mitigated. Vendors should make clear what, if any, oversight is being provided and where.

Risk 104

Risk Risk Management Consulting Measurement 104

Grooper

OCTOBER 23, 2019

With the increasing value of data and more tools to process and analyze information than ever before, companies with information governance and master data model programs are outpacing their peers. Simply storing information without a detailed road map for how the data can and should be used is not enough. How you compare.

Metrics 59

Metrics Measurement Strategy Data-driven 59

CIO Business Intelligence

JUNE 27, 2024

Trade associations like the DPA may play a role in supporting the enforcement of such legislation and advocating for other similar measures. They must also introduce operational processes document and disclose copyright-related information during dataset creation.”

Risk 121

Risk Measurement Risk Management Strategy 121

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. The latter issue, data protection, touches every company.

Risk 102

Risk Measurement Modeling Interactive 102

CIO Business Intelligence

JUNE 21, 2022

“Your governance structure should be dynamic and [designed to] identify triggers that may evoke a revision, and its effectiveness should be constantly measured so that it remains relevant.”. Poor risk planning. CIOs frequently launch strategic initiatives without fully considering all the risks involved.

IT 115

IT Risk Measurement Risk Management 115

CIO Business Intelligence

JULY 1, 2024

Notable examples of AI safety incidents include: Trading algorithms causing market “flash crashes” ; Facial recognition systems leading to wrongful arrests ; Autonomous vehicle accidents ; AI models providing harmful or misleading information through social media channels.

Reporting 123

Reporting Risk Management Experimentation Risk 123

CIO Business Intelligence

JUNE 18, 2024

While compliance frameworks provide guidelines for protecting sensitive data and mitigating risks, security measures must adapt to evolving threats. Security, on the other hand, encompasses the broader spectrum of protective measures implemented to defend against malicious activities, data breaches, and cyberattacks.

Risk 105

Risk Measurement Risk Management Management 105

CIO Business Intelligence

NOVEMBER 21, 2024

Senior business leaders and CIOs must navigate a complex web of competing priorities, such as managing stakeholder expectations, accelerating technological innovation, and maintaining operational efficiency. Risk management is equally vital, particularly as organizations adopt modern technologies.

Strategy 118

Strategy IT Business Objectives Cost-Benefit 118

erwin

MARCH 25, 2021

Usually we talk about benefits which are rather qualitative measures, but what we need for decision-making processes are values,” Pörschmann says. “We Risk Management and Regulatory Compliance. Risk management, specifically around regulatory compliance, is an important use case to demonstrate the true value of data governance.

Data Governance 109

Data Governance IT Cost-Benefit Risk 109

Smart Data Collective

SEPTEMBER 7, 2021

One specific measure you can take today is to ensure that every document you send out is completely covered when you put it inside an envelope and that your envelopes are opaque when held up to the light. This measure will reduce the likelihood you accidentally send out sensitive information or that an intermediary compromises your mail.

Strategy 127

Strategy Risk Measurement IT 127

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. These executive lead risk or compliance departments with dedicated teams. What is GRC?

Risk 108

Risk Risk Management Strategy Enterprise 108

Octopai

JULY 9, 2020

Actually, effective data lineage delivers important enhancements to BI and enables informed decision-making , as it enables data teams to tackle numerous use cases such as regulatory compliance, system upgrades & migrations, M&A (system consolidation), reporting inaccuracies, business changes etc.

Insurance 98

Insurance Risk Management Machine Learning Metadata 98

erwin

APRIL 21, 2020

By combining physical system catalogs, critical data elements, and key performance measures with clearly defined product and sales goals, you can manage the effectiveness of your business and ensure you understand what critical systems are for business continuity and measuring corporate performance.

Measurement 97

Measurement Sales Data Governance Metadata 97

erwin

APRIL 21, 2020

As COVID-19 continues to spread, organizations are evaluating and adjusting their operations in terms of both risk management and business continuity. This information has helped: Provide daily updates. So one of the biggest lessons we’re learning from COVID-19 is the need for data collection, management and governance.

Measurement 96

Measurement Sales Data Governance Metadata 96

CIO Business Intelligence

JUNE 25, 2024

Now this is just speculation on my part, but I’d bet as much as a quarter that even a small fraction of UHG’s buyback budget would have easily paid for the time, effort, and technology needed to properly harden Change Healthcare’s information infrastructure. Look, it’s lovely when the price of a share of stock increases.

Risk 108

Risk Risk Management Statistics Management 108

AWS Big Data

FEBRUARY 1, 2024

Amazon Redshift features like streaming ingestion, Amazon Aurora zero-ETL integration , and data sharing with AWS Data Exchange enable near-real-time processing for trade reporting, risk management, and trade optimization. Database cluster – For this solution, we use an Amazon Aurora MySQL-Compatible Edition 8.0 version cluster.

Data Warehouse 129

Data Warehouse Dashboards Risk Management Risk 129

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. The digital injection attack A digital injection attack is when someone “injects” fake data, including AI-generated documents, photos, and biometrics images, into the stream of information received by an identity verification (IDV) platform.

Strategy 113

Strategy Risk Management Risk Measurement 113

CIO Business Intelligence

AUGUST 7, 2023

According to Rocket Software’s survey, nearly half of respondents (42%) noted that they think about IT risk daily (31%) and even multiple times a day (11%). Sixty-three percent of IT leaders even measure success within their IT organization by their ability to reduce risk. Data lineage, therefore, is crucial.

Risk 96

Risk IT Management Risk Management 96

CIO Business Intelligence

MAY 14, 2024

The CIO50 Awards serve as a beacon of recognition for Chief Information Officers (CIOs) who have demonstrated exceptional leadership, innovation, and impact in leveraging technology to propel their organizations forward.

Digital Transformation 97

Digital Transformation Business Objectives Risk Management Measurement 97

Smart Data Collective

OCTOBER 26, 2023

Cybersecurity, often known as information security or IT security, keeps information on the internet and within computer systems and networks secure against unauthorized users. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

Technology 101

Technology Risk Measurement Data-driven 101

CIO Business Intelligence

JULY 25, 2024

Offered by the ISACA, the CRISC certification validates your ability to understand and mitigate enterprise IT risk using the latest best practices to identify, analyze, evaluate, assess, prioritize, and respond to risks.

IT 130

IT Management Risk Risk Management 130

CIO Business Intelligence

DECEMBER 6, 2024

Develop an AI platform and write a gen AI playbook to allow it to move quickly without shortchanging on security and governance measures. The model has five core pillars that guide the introduction of all new technology and provide a roadmap for assessments, evaluations, and approvals: Discover, Ideate, Elaborate, Execute, and Measure.

Marketing 118

Marketing Technology Risk Measurement 118

CIO Business Intelligence

MARCH 21, 2024

These include network management, help desk, establishing and enforcing policies related to information security and risk management, and several other IT functions. These are strategic capabilities for IT, and we have more purchasing power when we address them horizontally across our portfolio,” says Lovelady.

IT 111

IT Manufacturing Risk Management Risk 111

CIO Business Intelligence

APRIL 17, 2023

Challenges for fraud risk management Fraud is a big and a worthwhile business for today’s online criminals, who troll the internet and insert data-stealing malware into vulnerable sites and mobile apps. Learn how to master your cloud transformation journey with TCS and Microsoft Cloud.

Digital Transformation 102

Digital Transformation Risk Management Risk Consulting 102

Smart Data Collective

JULY 16, 2023

We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds. Data Analytics Helps Create More Robust Risk Management Controls We mentioned years ago that big data is changing risk management.

ROI 74

ROI Data Analytics Analytics Risk Management 74

DataRobot

JULY 16, 2021

The third is trust in the ethics of your workflow, both to design the AI system and how it is used to inform your business process. Accuracy — this refers to a subset of model performance indicators that measure a model’s aggregated errors in different ways. The first is trust in the performance of your AI/machine learning model.

Machine Learning 98

Machine Learning Uncertainty Modeling Measurement 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. While data security focuses on protecting digital information from threat actors and unauthorized access, data protection does all that and more.

Strategy 81

Strategy Measurement Risk Cost-Benefit 81