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7 risk management rules every CIO should follow

CIO Business Intelligence

Risk is inescapable. A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Yet failing to successfully address risk with an effective risk management program is courting disaster.

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China Sounds the Alarm on Artificial Intelligence Risks

Analytics Vidhya

China is raising concerns about the potential dangers of artificial intelligence (AI) and calling for heightened security measures. A recent warning issued by the Chinese Communist Party (CCP) highlighted the risks associated with AI advancement. This included potential harm to political and social stability.

Risk 290
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UK launches platform to help businesses manage AI risks, build trust

CIO Business Intelligence

The UK government has introduced an AI assurance platform, offering British businesses a centralized resource for guidance on identifying and managing potential risks associated with AI, as part of efforts to build trust in AI systems. Meanwhile, the measures could also introduce fresh challenges for businesses, particularly SMEs.

Risk 130
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What is Data Security? |Threats, Risks and Solutions 

Analytics Vidhya

These alarming numbers underscore the need for robust data security measures to protect sensitive information such as personal data, […] The post What is Data Security? Threats, Risks and Solutions appeared first on Analytics Vidhya. According to recent reports, cybercrime will cost the world over $10.5

Risk 288
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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

Enterprise Risk Management (ERM) is critical for industry growth in today’s fast-paced and ever-changing risk landscape. Do we understand and articulate our bank’s risk appetite and how that impacts our business units? How are we measuring and rating our risk impact, likelihood, and controls to mitigate our risk?

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How resilient CIOs future-proof to mitigate risks

CIO Business Intelligence

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. To respond, CIOs are doubling down on organizational resilience.

Risk 105
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Managing risk in machine learning

O'Reilly on Data

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.