CIO Business Intelligence

JANUARY 23, 2024

Regardless of where organizations are in their digital transformation, CIOs must provide their board of directors, executive committees, and employees definitions of successful outcomes and measurable key performance indicators (KPIs). He suggests, “Choose what you measure carefully to achieve the desired results.

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Measurement Digital Transformation KPI Metrics 141

CIO Business Intelligence

APRIL 23, 2024

As CIO, you’re in the risk business. Or rather, every part of your responsibilities entails risk, whether you’re paying attention to it or not. There are, for example, those in leadership roles who, while promoting the value of risk-taking, also insist on “holding people accountable.” You can’t lose.

Risk 115

Risk IT Insurance Risk Management 115

CIO Business Intelligence

AUGUST 21, 2024

It wasn’t just a single measurement of particulates,” says Chris Mattmann, NASA JPL’s former chief technology and innovation officer. “It It was many measurements the agents collectively decided was either too many contaminants or not.” They also had extreme measurement sensitivity. Adding smarter AI also adds risk, of course.

Risk 136

Risk Insurance Cost-Benefit Software 136

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. Enter the need for competent governance, risk and compliance (GRC) professionals. What are GRC certifications? Why are GRC certifications important?

Risk 119

Risk Risk Management Management Enterprise 119

Smart Data Collective

MARCH 27, 2020

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. Traditional data, like demographics, continues to be a factor in risk assessment. Teens and young adults are less experienced drivers and, therefore, at risk for more car accidents. Demographics. This includes: Age.

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Insurance Measurement Risk Cost-Benefit 108

CIO Business Intelligence

AUGUST 13, 2024

As with any new technology, however, security must be designed into the adoption of AI in order to minimize potential risks. How can you close security gaps related to the surge in AI apps in order to balance both the benefits and risks of AI? The need for robust security measures is underscored by several key factors.

Risk 119

Risk Cost-Benefit Enterprise Modeling 119

CIO Business Intelligence

DECEMBER 20, 2023

This has spurred interest around understanding and measuring developer productivity, says Keith Mann, senior director, analyst, at Gartner. Therefore, engineering leadership should measure software developer productivity, says Mann, but also understand how to do so effectively and be wary of pitfalls.

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Measurement Software IT Metrics 124

CIO Business Intelligence

OCTOBER 17, 2024

While tech debt refers to shortcuts taken in implementation that need to be addressed later, digital addiction results in the accumulation of poorly vetted, misused, or unnecessary technologies that generate costs and risks. million machines worldwide, serves as a stark reminder of these risks. Assume unknown unknowns.

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Risk Experimentation Testing Strategy 104

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. A recent panel on the role of AI and analytics in risk management explored this transformational technology, focusing on how organizations can harness these tools for a more resilient future.

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Risk Management Risk Management Data-driven 59

CIO Business Intelligence

FEBRUARY 20, 2024

The risks and opportunities of AI AI is opening a new front in this cyberwar. These measures mandate that healthcare organisations adequately protect patient data, and that notification must be given in the event of a data breach. The healthcare sector is far and away the number one target for cybercriminals.

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Risk Insurance Measurement Strategy 121

CIO Business Intelligence

MARCH 19, 2024

Ask your average schmo what the biggest risks of artificial intelligence are, and their answers will likely include: (1) AI will make us humans obsolete; (2) Skynet will become real, making us humans extinct; and maybe (3) deepfake authoring tools will be used by bad people to do bad things. Risks perceived by an average schmo 1.

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Risk Machine Learning Risk Management Measurement 124

CIO Business Intelligence

OCTOBER 24, 2023

But adding these new capabilities to your tech stack comes with a host of security risks. For executives and decision-makers, understanding these risks is crucial to safeguarding your business. How should businesses mitigate the risks? Government and regulatory bodies also have a role to play in managing these risks.

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Risk Recreation/Entertainment Data Collection Data Processing 126

datapine

MAY 31, 2022

This increases the risks that can arise during the implementation or management process. The risks of cloud computing have become a reality for every organization, be it small or large. That’s why it is important to implement a secure BI cloud tool that can leverage proper security measures. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

OCTOBER 8, 2024

You risk adding to the hype where there will be no observable value. The learning phase Two key grounding musts: Non-mission critical workloads and (public) data Internal/private (closed) exposure This ensures no corporate information or systems will be exposed to any form of risk. Don’t (yet) worry about business use cases.

Risk 124

Risk Technology Cost-Benefit Internet of Things 124

Smart Data Collective

MAY 4, 2023

Unfortunately, as the world becomes more and more digital, cybersecurity risks are growing at a rapid pace. As a small business owner, this means that you and your business could be at risk of being attacked this very second. Thankfully, becoming aware of the risks out there can help you safeguard your business and mitigate your risks.

Risk 111

Risk Strategy Measurement Software 111

CIO Business Intelligence

MAY 23, 2024

There is measurable progress, however, as data from the company’s connected products are collected in its own platform, where customers have access to information via a portal. “In Everything from simple translation services to more advanced solutions for creating product catalogues or risk analyses,” says Nilsson.

Digital Transformation 111

Digital Transformation Measurement Cost-Benefit Data Warehouse 111

IBM Big Data Hub

OCTOBER 9, 2023

Unified endpoint management (UEM) and medical device risk management concepts go side-by-side to create a robust cybersecurity posture that streamlines device management and ensures the safety and reliability of medical devices used by doctors and nurses at their everyday jobs.

Risk Management 76

Risk Management Risk Management Measurement 76

CIO Business Intelligence

JANUARY 3, 2024

The risk of going out of business is just one of many disaster scenarios that early adopters have to grapple with. And it’s not just start-ups that can expose an enterprise to AI-related third-party risk. Model training Vendors training their models on customer data isn’t the only training-related risk of generative AI.

Risk 131

Risk Modeling Enterprise Marketing 131

IBM Big Data Hub

DECEMBER 8, 2023

.” This same sentiment can be true when it comes to a successful risk mitigation plan. The only way for effective risk reduction is for an organization to use a step-by-step risk mitigation strategy to sort and manage risk, ensuring the organization has a business continuity plan in place for unexpected events.

Risk 67

Risk Strategy Risk Management Insurance 67

CIO Business Intelligence

DECEMBER 28, 2023

The need to manage risk, adhere to regulations, and establish processes to govern those tasks has been part of running an organization as long as there have been businesses to run. Furthermore, the State of Risk & Compliance Report, from GRC software maker NAVEX, found that 20% described their programs as early stage. What is GRC?

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Risk Risk Management Strategy Enterprise 115

CIO Business Intelligence

OCTOBER 13, 2022

Knowing your risk level as you navigate a large venue can help you avoid crowds and stay safely within your bubble – all of which empowers you to enjoy the experience all the more. Live at Eurovision: a Bluetooth App to Navigate Covid Risk. A New Normal: Bubble-Up for Safety at Live Events with Flockey. So, how does it work?

Risk 98

Risk Broadcasting Recreation/Entertainment Dashboards 98

Smart Data Collective

MAY 7, 2023

million —and organizations are constantly at risk of cyber-attacks and malicious actors. In order to protect your business from these threats, it’s essential to understand what digital transformation entails and how you can safeguard your company from cyber risks. What is cyber risk?

Digital Transformation 111

Digital Transformation Risk Testing Strategy 111

O'Reilly on Data

OCTOBER 30, 2023

These should not be a random grab-bag of measures thought up by outside regulators or advocates, but disclosures of the actual measurements and methods that the companies use to manage their AI systems. Methods by which the AI provider manages and mitigates risks identified via Red Teaming, including their effectiveness.

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Measurement Risk Metrics Modeling 304

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. Continue reading Managing risk in machine learning.

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Machine Learning Risk Management Statistics 225

AWS Big Data

DECEMBER 7, 2023

In this post, we outline planning a POC to measure media effectiveness in a paid advertising campaign. We chose to start this series with media measurement because “Results & Measurement” was the top ranked use case for data collaboration by customers in a recent survey the AWS Clean Rooms team conducted. and CTV.Co

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Measurement Advertising Testing Data-driven 99

Analytics Vidhya

DECEMBER 20, 2023

This comprehensive strategy mainly aims to measure and forecast potential risks associated with AI development. OpenAI, the renowned artificial intelligence research organization, has recently announced the adoption of its new preparedness framework.

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Forecasting Measurement Strategy Risk 335

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 85

Data Architecture Risk Management Risk Management 85

CIO Business Intelligence

AUGUST 4, 2023

In collaboration with our peers, we have a solid business sense that carefully weighs innovation and risk in order to gain valuable ROI while protecting the organization from all forms of risk associated with each project. If reversible, then there’s clearly less risk. What’s new and different today?

Risk 98

Risk Risk Management ROI Technology 98

IBM Big Data Hub

MAY 8, 2023

This blog continues the discussion, now investigating the risks of adopting AI and proposes measures for a safe and judicious response to adopting AI. Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage.

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Insurance Risk Testing Data Quality 68

IBM Big Data Hub

AUGUST 3, 2023

Organizations cannot risk unnecessary unplanned downtime or increased latencies because an application failed or underperformed. Software downtime is a huge organizational risk because it decreases customer satisfaction and potentially violates a service-level agreement with end users.

Measurement 63

Measurement Metrics Risk Software 63

Cloudera

OCTOBER 20, 2021

As part of these efforts, disclosure requirements will mandate that firms provide “the impact of a company’s activities on the environment and society, as well as the business and financial risks faced by a company due to its sustainability exposures.” What are the key climate risk measurements and impacts? Generate Scenarios.

Risk 79

Risk Modeling Risk Management Measurement 79

IBM Big Data Hub

APRIL 25, 2023

Environmental, Social, and Governance (ESG) risk management has emerged as a critical aspect of business strategy for companies worldwide. However, 57% of CEOs admit that defining and measuring the Return on Investment (ROI) and economic benefits of their sustainability efforts remain a significant challenge. Conduct ESG assessments.

Risk Management 78

Risk Management Risk Management Metrics 78

Analytics Vidhya

JANUARY 15, 2024

In a startling revelation, researchers at Anthropic have uncovered a disconcerting aspect of Large Language Models (LLMs) – their capacity to behave deceptively in specific situations, eluding conventional safety measures.

Measurement 285

Measurement Risk Modeling Analytics 285

CIO Business Intelligence

AUGUST 7, 2023

Organizations big and small, across every industry, need to manage IT risk. based IT directors and vice presidents in companies with more than 1,000 employees to determine what keeps them up at night—and it comes as no surprise that one of their biggest nightmares is managing IT risk. trillion annually by 2025.

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Risk IT Management Risk Management 98

Smart Data Collective

APRIL 19, 2021

But in most instances, the real risk comes from within. From conversing on personal devices (BYODs) to sending documents to the wrong recipient, or using unsecured applications for transfers, the risk for potential leaks is high. Around 66% of all data leaks are caused by employees making mistakes with digital records.

Risk 125

Risk Management Measurement Optimization 125

IBM Big Data Hub

SEPTEMBER 13, 2023

The role of attack surface management in data breach containment Despite employing an arsenal of cybersecurity measures to protect sensitive data, many organizations find themselves in a relentless race against time, as they strive to bridge the gap between the moment a data breach occurs and when it is effectively contained.

Risk 93

Risk Management Strategy Measurement 93

CIO Business Intelligence

JULY 11, 2022

Smart use of modern network security solutions and practices give CISOs their best chance fight against threats and mitigate risk. . Where current network security measures are falling short. The importance of observability, security intelligence, AI, and ML in a network security strategy.

Risk 98

Risk Technology Measurement Strategy 98