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CIOs must reassess cloud concentration risk post-CrowdStrike

CIO Business Intelligence

But the outage has also raised questions about enterprise cloud strategies and resurfaced debate about overly privileged software , as IT leaders look for takeaways from the disastrous event. It also highlights the downsides of concentration risk. What is concentration risk? Still, we must.

Risk 144
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Digital KPIs: The secret to measuring transformational success

CIO Business Intelligence

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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How to build a successful risk mitigation strategy

IBM Big Data Hub

.” 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
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CrowdStrike incident has CIOs rethinking their cloud strategies

CIO Business Intelligence

For CIOs, the event serves as a stark reminder of the inherent risks associated with over-reliance on a single vendor, particularly in the cloud. This has forced CIOs to question the resilience of their cloud environments and explore alternative strategies. Yes, they [enterprises] should revisit cloud strategies.

Strategy 143
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Digital addiction detox: Streamline tech to maximize impact, minimize risks

CIO Business Intelligence

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.

Risk 104
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Middle East tech leaders explore AI’s role in modern risk management

CIO Business Intelligence

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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CIO risk-taking 101: Playing it safe isn’t safe

CIO Business Intelligence

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