IBM Big Data Hub

OCTOBER 9, 2023

At the beginning of 2023, according to IBM Security’s “ Threat Intelligence Index ” report, healthcare was in the top 10 most-attacked industries on the planet. The “ Cost of a Data Breach 2023” report also uncovered that, since 2020, healthcare data breach costs have increased by 53.3%.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

FEBRUARY 21, 2025

In a damning audit report , Grant Thornton has exposed how the project implementation turned into a cautionary tale of project mismanagement, highlighting critical failures in governance, technical oversight, and vendor management that continue to impact the councils core operations.

Reporting 90

Reporting Risk Testing Risk Management 90

CIO Business Intelligence

FEBRUARY 20, 2025

Viole Kastrati: Without systematic and continuous reporting, it is almost impossible to get a complete picture of the personnel situation and make informed decisions based on it. Human resources must also contribute to transparent reporting requirements here. Subsequently, the reporting should be set up properly.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

O'Reilly on Data

DECEMBER 12, 2019

In addition to newer innovations, the practice borrows from model risk management, traditional model diagnostics, and software testing. The study of security in ML is a growing field—and a growing problem, as we documented in a recent Future of Privacy Forum report. [8]. Currency amounts reported in Taiwan dollars.

Machine Learning 282

Machine Learning Modeling Testing Risk Management 282

O'Reilly on Data

NOVEMBER 13, 2018

Fortunately, a recent survey paper from Stanford— A Critical Review of Fair Machine Learning —simplifies these criteria and groups them into the following types of measures: Anti-classification means the omission of protected attributes and their proxies from the model or classifier.

Machine Learning 277

Machine Learning Risk Management Statistics 277

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

CIO Business Intelligence

MARCH 19, 2025

Limited representation of sustainability in CDO priorities A review of industry reports, surveys and conference agendas suggests that sustainability remains a niche topic within the data leadership community. 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

Smart Data Collective

MAY 4, 2023

Unfortunately, there are often many weak links in the data security infrastructure, which can increase the risks of data breaches. It seemed like data breaches were starting to decline, but Aimee O’Driscoll of Comparitech reports that trend has not persisted. Over 292 million people were impacted, which is 60% lower than in 2019.

Risk Management 113

Risk Management Key Performance Indicator Measurement Risk 113

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

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

CIO Business Intelligence

MAY 24, 2024

A variety of roles in the enterprise require or benefit from a GRC certification, such as chief information officer, IT security analyst, security engineer architect, information assurance program manager, and senior IT auditor , among others.

Risk 119

Risk Risk Management Management Enterprise 119

datapine

FEBRUARY 22, 2022

This includes defining the main stakeholders, assessing the situation, defining the goals, and finding the KPIs that will measure your efforts to achieve these goals. Improved risk management: Another great benefit from implementing a strategy for BI is risk management. Identify key performance indicators (KPIs).

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Dashboards 218

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

erwin

MARCH 12, 2020

It also highlights select enterprise architecture management suite (EAMS) vendors based on size and functionality, including erwin. The report notes six primary EA competencies in which we excel in the large vendor category: modeling, strategy translation, risk management, financial management, insights and change management.

Enterprise 85

Enterprise Reporting Management ROI 85

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. Effective risk management will be crucial for addressing legal and reputational risks, and innovation strategies may require adjustments to comply with regulatory standards.

Risk 128

Risk Measurement Risk Management Strategy 128

AWS Big Data

FEBRUARY 1, 2024

The following are some of the key business use cases that highlight this need: Trade reporting – Since the global financial crisis of 2007–2008, regulators have increased their demands and scrutiny on regulatory reporting. You can run a direct query from QuickSight for BI reporting and dashboards.

Data Warehouse 134

Data Warehouse Dashboards Risk Management Risk 134

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. Models built in the past may be embedded in reports, application systems, and business processes. White Paper.

Modeling 105

Modeling Risk Management Testing Risk 105

CIO Business Intelligence

JUNE 23, 2023

The importance of efficiency, optimization, and risk reduction When asked how they measure success within their organizations, respondents noted increased efficiency (71%), optimized resources (67%), and reduced risk (63%). Risk Management: Risk management is a critical focus for technology professionals.

IT 98

IT Risk Management Risk Optimization 98

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 115

Risk Risk Management Strategy Enterprise 115

Smart Data Collective

SEPTEMBER 28, 2021

The following elucidates the same: l Improved Protective Measures. In the financial sector, for instance, unlawful activity in ATMs is detected by IoT sensors and quickly reported to law authorities. There are IoT solutions that can assist them in collecting data and performing analytics for inventory management.

IoT 145

IoT Internet of Things Cost-Benefit Consulting 145

CIO Business Intelligence

MARCH 4, 2025

It outlines strategies to ensure operations continue, minimize disruption, and drive preventative measures and contingency plans. See also: How resilient CIOs future-proof to mitigate risks.) This diligence results in a decision matrix that balances investment, value, and risk. Stakeholder alignment: Who is responsible?

Testing 64

Testing Risk Consulting Risk Management 64

Smart Data Collective

JULY 16, 2023

According to a report by Dataversity , a growing number of hedge funds are utilizing data analytics to optimize their rick profiles and increase their ROI. We will talk about some of the biggest ways that big data is changing the future of risk management among hedge funds. The market for financial analytics was worth $8.2

ROI 97

ROI Data Analytics Analytics Risk Management 97

CIO Business Intelligence

SEPTEMBER 24, 2024

Chief data and analytics officers need to reinvent themselves in the age of AI or risk their responsibilities being assimilated by their organizations’ IT teams, according to a new Gartner report. Whoever takes the helm, the collaboration between CDO and CIO must be seamless to succeed.”

Data Governance 115

Data Governance Risk Management Risk Data Quality 115

IBM Big Data Hub

MAY 31, 2024

Drawing on insights from academics and tax experts from around the world, the report helps us understand how these agencies can harness technology to improve efficiencies and create a better experience for taxpayers. At both gatherings, participants emphasized the importance of effective governance and risk management.

Cost-Benefit 98

Cost-Benefit Risk Risk Management Reporting 98

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

AUGUST 30, 2023

One executive said that it’s essential to toughen up basic security measures like “a combination of access control, CASB/proxy/application firewalls/SASE, data protection, and data loss protection.” This includes documentation of the risks and potential impacts of AI technology.

Enterprise 132

Enterprise Risk Measurement Software 132

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

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.

Risk Management 95

Risk Management Testing Risk Data Science 95

Smart Data Collective

OCTOBER 26, 2023

As a result, businesses across many industries have been spending increasingly large sums on security technology and services, driving demand for trained specialists fluent in the latest preventative measures. After evaluating potential risks, cybersecurity professionals implement various preventative actions.

Technology 123

Technology Risk Measurement Data-driven 123

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. However, because most institutions lack a modern data architecture , they struggle to manage, integrate and analyze financial data at pace.

Data Architecture 85

Data Architecture Risk Management Risk Management 85

Cloudera

JUNE 12, 2024

Traditional machine learning (ML) models enhance risk management, credit scoring, anti-money laundering efforts and process automation. Some of the biggest and well-known financial institutions are already realizing value from AI and GenAI: JPMorgan Chase uses AI for personalized virtual assistants and ML models for risk management.

Finance 77

Finance Risk Management Risk Data-driven 77

datapine

MARCH 31, 2022

For this purpose, you should be able to differentiate between various charts and report types as well as understand when and how to use them to benefit the BI process. The software focuses on 5 main pillars: visual data exploration, user-friendly analysis, interactive reporting, collaborative analytics, and mobile analytics.

Business Intelligence 239

Business Intelligence Statistics Visualization Data-driven 239

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. AI can also enhance existing software, such as alerting systems, which often generate many false positives.

Digital Transformation 105

Digital Transformation Risk Management Risk Consulting 105

CIO Business Intelligence

SEPTEMBER 7, 2022

Cropin Apps, as the name suggests, comprises applications that support global farming operations management, food safety measures, supply chain and “farm to fork” visibility, predictability and risk management, farmer enablement and engagement, advance seed R&D, production management, and multigenerational seed traceability.

B2B 105

B2B Contextual Data Deep Learning IoT 105

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. CIOs measure technical debt against the value of their entire technology estate. Key features of data-first leaders.

Digital Transformation 132

Digital Transformation Data-driven Strategy Data Strategy 132

Smart Data Collective

MAY 17, 2023

According to the Identity Theft Resource Center’s 2022 Data Breach Report, the number of data breaches decreased slightly in 2022 from the number reported in 2021. Reports were significantly lower in the first half of 2022, possibly due to the war in Ukraine and volatile cryptocurrency prices.

Risk 115

Risk Measurement Software Management 115

CIO Business Intelligence

MAY 2, 2024

Security and risk management pros have a lot keeping them up at night. As expected with the rise of Generative AI, AI deepfakes are also on the rise, with Onfido reporting a 3,000% increase in deepfake attacks last year.

Strategy 115

Strategy Risk Management Risk Measurement 115