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Reporting cybersecurity posture and systemic risk to the board

CIO Business Intelligence

Cybersecurity and systemic risk are two sides of the same coin. As we saw recently with the CrowdStrike outage, the interconnected nature of enterprises today brings with it great risk that can have a significant negative effect on any company’s finances. This should be no surprise since the global average cost of a data breach is $4.88

Risk 132
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5 IT risks CIOs should be paranoid about

CIO Business Intelligence

Call it survival instincts: Risks that can disrupt an organization from staying true to its mission and accomplishing its goals must constantly be surfaced, assessed, and either mitigated or managed. While security risks are daunting, therapists remind us to avoid overly stressing out in areas outside our control.

Risk 142
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What is Data Security? |Threats, Risks and Solutions 

Analytics Vidhya

According to recent reports, cybercrime will cost the world over $10.5 Threats, Risks and Solutions appeared first on Analytics Vidhya. Data security is a critical concern for individuals, organizations, and governments as cyber attacks continue to rise in frequency and severity. trillion annually by 2025.

Risk 260
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Top 10 governance, risk, and compliance certifications

CIO Business Intelligence

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
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The Power of Storytelling in Risk Management

Speaker: Dr. Karen Hardy, CEO and Chief Risk Officer of Strategic Leadership Advisors LLC

Communication is a core component of a resilient organization's risk management framework. However, risk communication involves more than just reporting information and populating dashboards, and we may be limiting our skillset. Storytelling is the ability to express ideas and convey messages to others, including stakeholders.

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How MemorialCare confronts evolving risks along its modernization journey

CIO Business Intelligence

And in KnowBe4’s 2024 International Healthcare Report, the global healthcare sector experienced 1,613 cyberattacks per week in the first three quarters of 2023, nearly four times the global average. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 128
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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

As IT landscapes and software delivery processes evolve, the risk of inadvertently creating new vulnerabilities increases. These risks are particularly critical for financial services institutions, which are now under greater scrutiny with the Digital Operational Resilience Act ( DORA ).

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Complimentary Gartner Report: Improve S&OP Decision Making with Scenario Planning

Download this complimentary report to learn about: Gartner’s research findings on the role of scenario planning in S&OP. Assessing risks, opportunities and business impact with scenarios. It’s time to shift gears and embrace variability with different scenarios.

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Put Your Data to Work: The Complete Playbook

From search engines to navigation systems, data is used to fuel products, manage risk, inform business strategy, create competitive analysis reports, provide direct marketing services, and much more. They rely on data to power products, business insights, and marketing strategy.