CIO Business Intelligence

JULY 22, 2024

All patches should first be tested on a test server,” Jain said further emphasizing that despite CrowdStrike’s reputation, the incident revealed a failure of trust due to untested patches causing a cascading effect. “In Enhanced risk management practices The incident has highlighted the need for improved risk management practices.

Strategy 143

Strategy Testing Risk Management Risk 143

Cloudera

JUNE 29, 2023

To ensure the stability of the US financial system, the implementation of advanced liquidity risk models and stress testing using (MI/AI) could potentially serve as a protective measure. To improve the way they model and manage risk, institutions must modernize their data management and data governance practices.

Data Architecture 91

Data Architecture Risk Management Risk Management 91

CIO Business Intelligence

MARCH 18, 2024

The regulation requires EU financial entities and their critical ICT providers to adopt comprehensive information and communications technology (ICT) risk management capabilities into their security processes. So, with no time to waste, where should they get started?

Risk Management 120

Risk Management Insurance Risk Testing 120

CIO Business Intelligence

APRIL 22, 2022

Behind every successful IT project, you’ll find a highly skilled project manager. From hardware and software upgrades to ongoing security patches, to application development and the rollout of software itself, project managers keep your teams on task and productive. Top project management certifications.

Management 111

Management Cost-Benefit Testing Risk 111

Cloudera

JULY 15, 2021

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 103

Risk Optimization Management Insurance 103

CIO Business Intelligence

MAY 11, 2022

When astute executives, including CIOs, cheat disruption by focusing on business continuity management (BCM) programs that build resilience, the enterprise transformation can prosper. Implement more disciplined validation and testing. But these losses can be minimized. Collaboration is an all-way street.

Management 98

Management Insurance Testing Finance 98

O'Reilly on Data

DECEMBER 12, 2019

These recommendations are based on our experience, both as a data scientist and as a lawyer, focused on managing the risks of deploying ML. In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. What is model debugging?

Machine Learning 196

Machine Learning Modeling Testing Risk Management 196

CIO Business Intelligence

MARCH 24, 2023

It encompasses the people, processes, and technologies required to manage and protect data assets. The Data Management Association (DAMA) International defines it as the “planning, oversight, and control over management of data and the use of data and data-related sources.”

Data Governance 142

Data Governance Management Metadata Data Quality 142

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? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

Cloudera

FEBRUARY 4, 2021

Financial services institutions need the ability to analyze and act on massive volumes of data from diverse sources in order to monitor, model, and manage risk across the enterprise. They need a comprehensive data and analytics platform to model risk exposures on-demand. Cloudera is that platform. End-to-end Data Lifecycle.

Risk 92

Risk Marketing Technology Management 92

Smart Data Collective

SEPTEMBER 17, 2020

Financial institutions such as banks have to adhere to such a practice, especially when laying the foundation for back-test trading strategies. Here are a few of the advantages of Big Data in the banking and financial industry: Improvement in risk management operations. The Role of Big Data. Engaging the Workforce.

Big Data 144

Big Data Finance Risk Management Risk 144

AWS Big Data

JULY 16, 2024

The Zurich Cyber Fusion Center management team faced similar challenges, such as balancing licensing costs to ingest and long-term retention requirements for both business application log and security log data within the existing SIEM architecture. Eventually, this data could be used to train ML models to support better anomaly detection.

Insurance 127

Insurance Management Cost-Benefit Optimization 127

FineReport

FEBRUARY 17, 2021

What is Project Management Report? A project management report is a high-level overview of the current status of a project. Why is project management report critical? Depending on the project’s size and complexity, the project management reporting content and frequency may vary. Project Management Report Structure.

Reporting 98

Reporting Management Dashboards Risk 98

DataRobot Blog

JULY 22, 2022

At many organizations, the current framework focuses on the validation and testing of new models, but risk managers and regulators are coming to realize that what happens after model deployment is at least as important. They may not have been documented, tested, or actively monitored and maintained. For Model Management.

Modeling 105

Modeling Risk Management Testing Risk 105

CIO Business Intelligence

AUGUST 6, 2024

The global head of cyberthreat management at a leading global property and casualty insurance company suggests: “Look across your portfolio where you’ve got that kind of auto-update automation and [ask], ‘Can they be slowed down some to keep this from being bigger than it needs to be?’

Risk Management 111

Risk Management Risk Testing Finance 111

IBM Big Data Hub

SEPTEMBER 6, 2023

Organizations rely on the vulnerability management process to head off these cyberthreats before they strike. The vulnerability management process is a continuous process for discovering, prioritizing, and resolving security vulnerabilities across an organization’s IT infrastructure.

Management 97

Management Metrics Risk Reporting 97

Domino Data Lab

AUGUST 6, 2021

All models require testing and auditing throughout their deployment and, because models are continually learning, there is always an element of risk that they will drift from their original standards. The primary focus of model governance involves tracking, testing and auditing. How Model Governance Works.

Machine Learning 145

Machine Learning Modeling Testing Data Science 145

CIO Business Intelligence

APRIL 23, 2024

If this is a popular phrase in your company’s executive suite, risk-taking is a phantom virtue. To stay out of harm’s way, charter a few harmless initiatives — ones that aren’t likely to succeed, will pass the cool test if, in the off chance, they do happen to succeed, but won’t do much damage if they fail.

Risk 116

Risk IT Insurance Risk Management 116

Decision Management Solutions

APRIL 23, 2019

, in which he states there are only three levers of value in insurance: Sell More, Manage Risk Better (aka underwriting and adjusting), and Cost Less to Operate. Let’s dive into greater detail on the second lever – Manage Risk Better. Insurers can also manage risk more effectively through continuous improvement.

Insurance 69

Insurance Risk Technology Management 69

CIO Business Intelligence

OCTOBER 15, 2024

Recommendation : Ask leaders for their understanding of key practices such as agile, DevOps, and product management, and differences in core principles, methodologies, and tools will surface. CrowdStrike recently made the news about a failed deployment impacting 8.5 CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

DataRobot Blog

APRIL 29, 2022

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. However, after the financial crisis, financial regulators around the world stepped up to the challenge of reigning in model risk across the financial industry.

Risk 111

Risk Modeling IT Risk Management 111

Cloudera

MARCH 28, 2019

They also fail to model the effects of fear and the risk of contagion. Risk management 3.0. The post Managing mortgage risk in an uncertain world appeared first on Cloudera Blog. Agent-based modelling captures these behaviors and the way they drive – or are driven by – crisis scenarios.

Risk 76

Risk Management Risk Management Machine Learning 76

DataRobot

OCTOBER 5, 2021

Throughout history, introducing innovations in fields like aviation and nuclear power to society required robust risk management frameworks. AI is no different, and by its nature, it demands a comprehensive approach to governance utilizing risk management. Step 1: Classify the AI Decision Type.

Risk Management 95

Risk Management Testing Risk Data Science 95

CIO Business Intelligence

JULY 1, 2024

“In addition to having remediation and mitigation steps in place, it is important to accept that AI itself can be used to monitor live systems, report incidents, and even help manage risk by providing automated solutions or fixes,” said Jain.

Reporting 129

Reporting Risk Management Experimentation Risk 129

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. Improve Enterprise Architecture with EAMS.

Enterprise 85

Enterprise Reporting Management ROI 85

CIO Business Intelligence

DECEMBER 19, 2023

Productivity improvements will likely come from experimenting with the platforms and tools that embed prompting and other natural language capabilities, while longer-term impacts will come from embedding the company’s intellectual property into privately managed large language models.

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

CIO Business Intelligence

JANUARY 11, 2024

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.

Enterprise 128

Enterprise Uncertainty Reporting Risk Management 128

Smart Data Collective

OCTOBER 21, 2021

The CISSP certification test assesses your knowledge in eight different security domains: Security and Risk Management Asset Security Security Architecture and Engineering Communication and Network Security Identity and Access Management (IAM) Security Assessment and Testing Security Operations Software Development Security.

Testing 131

Testing Big Data Risk Management Risk 131

CIO Business Intelligence

SEPTEMBER 18, 2024

Another area ripe for board investigation is whether or not there’s been penetration testing or any other tests that mimic the actions of cyber criminals. Are those tests done regularly and how’s our performance? CIOs should step away from technical presentations and move to a risk management format,” says Ragland.

Risk 141

Risk Testing Strategy Risk Management 141

CIO Business Intelligence

JUNE 25, 2024

Short version: Apple’s execs — and we’re talking about Steve Jobs’ management heirs — can’t figure out how to use its cash to increase its revenue and profits. The CIO so-what test Given Apple’s status as company with the world’s second-highest market capitalization and second-highest overall profitability it’s hard to be too critical.

Risk 118

Risk Risk Management Statistics Management 118

CIO Business Intelligence

AUGUST 30, 2024

The best way to accomplish this is through human resources information management (HRIM) and human resources information systems (HRIS) certification. Qualifications: There are no prescribed courses or prerequisites, though five years of experience working with HR tech or information management is recommended.

Cost-Benefit 118

Cost-Benefit Risk Management Strategy Testing 118

CIO Business Intelligence

DECEMBER 14, 2023

AI and machine learning (ML) can do this by automating the design cycle to improve efficiency and output; AI can analyze previous designs, generate novel design ideas, and test prototypes, assisting engineers with rapid, agile design practices. Supply chain management Manufacturing can benefit from more predictive supply chain management.

Manufacturing 143

Manufacturing Cost-Benefit Unstructured Data Optimization 143

CIO Business Intelligence

APRIL 21, 2022

Combining Agile and DevOps with elements such as cloud, testing, security, risk management and compliance creates a modernized technology delivery approach that can help an organization achieve greater speed, reduced risk, and enhanced quality and experience. Managing Director. Scale an enterprise mindset .

Digital Transformation 145

Digital Transformation Key Performance Indicator Risk Testing 145

CIO Business Intelligence

SEPTEMBER 17, 2024

I recommend three primary roles: a product manager owning the vision, a delivery leader overseeing agile teams and implementation, and a program sponsor. One solution is to assign the responsibility to enterprise architects in a product management capacity.

Enterprise 145

Enterprise Digital Transformation Cost-Benefit Risk 145

CIO Business Intelligence

JUNE 8, 2023

Skills such as software engineering, architecture, cloud, and program management are highly sought after as more companies explore creating both internal and external applications and solutions. Project manager The role of project manager is important for planning, executing, and completing IT projects on time and on budget.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

MAY 20, 2024

This has CIOs moving from experimenting and testing intelligence in pockets to scaling up deployments and rolling out intelligence throughout their organizations. Risk management came in at No. The approach taken by James Phillips, CIO at software maker Rev.io, reflects that trend. Foundry / CIO.com 3. For Rev.io

IT 142

IT Risk Management Machine Learning Risk 142

Cloudera

APRIL 18, 2024

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises.

Risk Management 82

Risk Management Risk Testing Management 82