CIO Business Intelligence

FEBRUARY 21, 2025

Integration with Oracles systems proved more complex than expected, leading to prolonged testing and spiraling costs, the report stated. When this review finally occurred and identified key issues, its findings were ignored, highlighting a systemic failure in the councils risk management approach, the report added.

Reporting 91

Reporting Risk Testing Risk Management 91

CIO Business Intelligence

FEBRUARY 20, 2025

If a database already exists, the available data must be tested and corrected. Solid reporting provides transparent, consistent and combined HR metrics essential for strategic planning, risk management and the management of HR measures. Companies should then monitor the measures and adjust them as necessary.

Big Data 84

Big Data Measurement Visualization Machine Learning 84

CIO Business Intelligence

MARCH 4, 2025

In fact, successful recovery from cyberattacks and other disasters hinges on an approach that integrates business impact assessments (BIA), business continuity planning (BCP), and disaster recovery planning (DRP) including rigorous testing. See also: How resilient CIOs future-proof to mitigate risks.)

Testing 65

Testing Risk Consulting Risk Management 65

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

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

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

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. Legacy Models.

Modeling 105

Modeling Risk Management Testing Machine Learning 105

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 120

Risk Risk Management Management Enterprise 120

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

CIO Business Intelligence

MARCH 19, 2025

Most data management conferences and forums focus on AI, governance and security, with little emphasis on ESG-related data strategies. If sustainability-related data projects fail to demonstrate a clear financial impact, they risk being deprioritized in favor of more immediate business concerns.

IT 59

IT Data Governance Data-driven Metrics 59

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

OCTOBER 15, 2024

But continuous deployment isn’t always appropriate for your business , stakeholders don’t always understand the costs of implementing robust continuous testing , and end-users don’t always tolerate frequent app deployments during peak usage. CrowdStrike recently made the news about a failed deployment impacting 8.5

Enterprise 143

Enterprise Testing Business Objectives Experimentation 143

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? Stress testing was heavily scrutinized in the post 2008 financial crisis. in partnership with Deloitte, to accurately measure climate risk.

Risk 80

Risk Modeling Risk Management Measurement 80

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.

Reporting 129

Reporting Risk Management Experimentation Risk 129

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

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

CIO Business Intelligence

JUNE 25, 2024

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. Which in turn should be their assessment of management’s plans for improving competitive advantage. It would be if it weren’t for a lovely irony.

Risk 118

Risk Risk Management Statistics Management 118

CIO Business Intelligence

AUGUST 30, 2024

Qualifications: High school diploma or equivalent Cost: $300 plus a $100 application fee PHR The Professional in Human Resources (PHR) demonstrates mastery of the technical and operational aspects of HR management, including US laws and regulations.

Cost-Benefit 119

Cost-Benefit Risk Management Strategy Testing 119

CIO Business Intelligence

JUNE 8, 2023

This role helps oversee the development of new systems, working alongside software developers and hardware engineers with an eye on quality control measures and maintaining a steady pace toward established milestone goals.

IT 140

IT Digital Transformation Software Risk 140

CIO Business Intelligence

AUGUST 4, 2023

This has served us well for many years, but the time has come where we need to step up the risk management mindset, including R&D and innovation-related projects, due to technology’s increasing rate of adoption, scale, and impact. What’s an acceptable level of risk when it comes to cybersecurity, society, and opportunity?

Risk 98

Risk Risk Management ROI Technology 98

CIO Business Intelligence

SEPTEMBER 6, 2023

Beyond regular conversations, Mahna recommends holding a yearly security-focused meeting, combined with an incident-response plan test, to keep key executives and managers up to date on evolving policies, practices, and roles.

IT 142

IT ROI Risk Strategy 142

DataRobot Blog

JULY 21, 2022

Outline clear metrics to measure success. Document assumptions and risks to develop a risk management strategy. Define the exact calculation for the target variable or create a couple options to test. dashes and parentheses in telephone numbers) Inconsistent units of measure (e.g., Define project scope.

Machine Learning 98

Machine Learning Metrics Modeling Testing 98

DataRobot

JULY 16, 2021

Accuracy — this refers to a subset of model performance indicators that measure a model’s aggregated errors in different ways. Testing your model to assess its reproducibility, stability, and robustness forms an essential part of its overall evaluation. Operations.

Machine Learning 98

Machine Learning Uncertainty Modeling Measurement 98

Smart Data Collective

SEPTEMBER 22, 2021

One bad breach and you are potentially risking your business in the hands of hackers. In this blog post, we discuss the key statistics and prevention measures that can help you better protect your business in 2021. Sure, the above tips stand the test of time for cyber security. But you can come around this. Let’s dive in.

Statistics 133

Statistics Risk Measurement Software 133

Decision Management Solutions

APRIL 23, 2019

Business rules, policies, and predictive analytic models can be challenged in a controlled environment to pursue better risk management approaches. Typically, this involves simulating changes to rules or policies prior to making those changes live, then making the change and measuring the effectiveness of the change over time.

Insurance 69

Insurance Risk Technology Management 69

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. Data risk management To protect their data, organizations first need to know their risks. What is a data protection strategy?

Strategy 81

Strategy Measurement Risk Cost-Benefit 81

CIO Business Intelligence

APRIL 27, 2023

They’re required to work closely with upper management, executives, and key stakeholders to identify business needs and requirements. Relevant skills for a systems architect include risk management, performance optimization, security, leadership, and a strong knowledge of complex computer systems.

IT 116

IT Software Risk Management 116

CIO Business Intelligence

DECEMBER 13, 2024

But Discover is taking a measured approach to the technology, with a centralized AI governance function within the company responsible for evaluating risk management around developing gen AI solutions, Strle says.

Digital Transformation 98

Digital Transformation Risk Risk Management Enterprise 98

Cloudera

MARCH 18, 2021

The Fundamental Review of the Trading Book (FRTB), introduced by the Basel Committee on Banking Supervision (BCBS), will transform how banks measure risk. In order to help make banks more resilient to drastic market changes, it will impose capital requirements that are more closely aligned with the market’s actual risk factors.

Machine Learning 55

Machine Learning Risk Risk Management Measurement 55

CIO Business Intelligence

MARCH 25, 2022

Policy makers around the world have been recognizing this heightened risk, which has been further amplified by the recent geopolitical tensions. The European Union (EU) has pulled together a proposal for a unified framework to regulate risk management for financial institutions.

Finance 98

Finance KPI Risk IoT 98

IBM Big Data Hub

AUGUST 18, 2023

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. Entities will also be expected to put appropriate cybersecurity protection measures in place.

Cost-Benefit 74

Cost-Benefit Testing Strategy Risk Management 74

CDW Research Hub

MAY 24, 2021

To support these plans, components such as prevention and detection mechanisms, access management, incident response, privacy and compliance, risk management, audit and monitoring, and business continuity planning are all necessary to a successful security program. Develop a security risk management program.

Risk Management 52

Risk Management Unstructured Data Risk Business Objectives 52

CIO Business Intelligence

MAY 13, 2024

But where the puck is moving to is really around business use cases and identifying use cases where they will see value from their AI investments,” says Dera Nevin, a data lawyer, information risk management expert, and managing director in the technology segment at FTI Consulting.

IT 131

IT Digital Transformation ROI Strategy 131

CIO Business Intelligence

APRIL 22, 2022

The exam covers topics including Scrum, Kanban, Lean, extreme programming (XP), and test-driven development (TDD). Candidates can also take a self-test to benchmark their knowledge. Project Management Professional (PMP). Certified ScrumMaster (CSM).

Management 112

Management Cost-Benefit Testing Risk 112

IBM Big Data Hub

FEBRUARY 8, 2024

It refers to a set of metrics used to measure an organization’s environmental and social impact and has become increasingly important in investment decision-making over the years. In response, asset managers began to develop ESG strategies and metrics to measure the environmental and social impact of their investments.

Measurement 77

Measurement Metrics Reporting Strategy 77

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 covers Scrum, Kanban, Lean, extreme programming (XP), and test-driven development (TDD).

IT 131

IT Management Risk Risk Management 131

Cloudera

MAY 18, 2021

These interactions are captured and the resulting synthetic data sets can be analysed for a number of applications, such as training models to detect emergent fraudulent behavior, or exploring “what-if” scenarios for risk management. Value-at-Risk (VaR) is a widely used metric in risk management. Intraday VaR.

Risk 99

Risk Marketing Risk Management Data-driven 99