CIO Business Intelligence

OCTOBER 22, 2024

Cloud strategies are undergoing a sea change of late, with CIOs becoming more intentional about making the most of multiple clouds. A lot of ‘multicloud’ strategies were not actually multicloud. Today’s strategies are increasingly multicloud by intention,” she adds.

Strategy 127

Strategy Cost-Benefit Risk Enterprise 127

O'Reilly on Data

JUNE 27, 2023

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? I’ll share some ideas for mitigation.

Risk Management 230

Risk Management Risk Management Modeling 230

CIO Business Intelligence

DECEMBER 1, 2023

Allow me to delve deeply into the risks associated with website spoofing, its manipulation of unsuspecting users, the far-reaching repercussions, and the strategies I believe are effective in tackling this ever-evolving menace. One of the most sophisticated and clandestine threats in this landscape is website spoofing.

Risk 105

Risk Strategy Software Technology 105

IBM Big Data Hub

OCTOBER 23, 2023

71% of executives think it’s difficult to realize the full potential of a digital transformation without having a solid hybrid cloud strategy in place. [1] But what does such a strategy entail? There are three keys to developing a successful hybrid cloud risk management strategy : security, compliance and resiliency.

Risk 84

Risk Strategy Risk Management Digital Transformation 84

Smart Data Collective

SEPTEMBER 13, 2021

Remote working has also created greater data security risks. Common strategies for data loss prevention and why organizations should adopt them. In addition, they can use several strategies to manage data breaches. Among the various strategies, regular data backup is one of the critical strategies organizations should implement.

Risk 127

Risk Strategy Enterprise Finance 127

CIO Business Intelligence

SEPTEMBER 26, 2024

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

Risk Reporting Digital Transformation Enterprise 132

CIO Business Intelligence

SEPTEMBER 13, 2024

For Kevin Torres, trying to modernize patient care while balancing considerable cybersecurity risks at MemorialCare, the integrated nonprofit health system based in Southern California, is a major challenge. They also had to retrofit some older solutions to ensure they didn’t expose the business to greater risks.

Risk 127

Risk IT IoT Statistics 127

CIO Business Intelligence

SEPTEMBER 23, 2022

At the foundation of cybersecurity is the need to understand your risks and how to minimize them. Individuals and organizations often think about risk in terms of what they’re trying to protect. When talking about risk in the IT world, we mainly talk about data, with terms like data privacy, data leakage and data loss.

Risk Management 89

Risk Management Risk Strategy Management 89

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.

Risk 94

Risk Experimentation Testing Strategy 94

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

CIO Business Intelligence

JULY 22, 2024

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

Strategy Testing Risk Management Risk 143

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.

Risk Management 59

Risk Management Risk Management Data-driven 59

CIO Business Intelligence

SEPTEMBER 9, 2024

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 ).

Risk Management 113

Risk Management Risk Management IT 113

CIO Business Intelligence

AUGUST 21, 2024

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

Risk 136

Risk Insurance Cost-Benefit Software 136

Jet Global

MARCH 30, 2021

Tax planning is playing an increasingly important part in corporates’ enterprise resource management (ERM) strategies, driven by the many uncertainties created by political, economic, and pandemic-related trends. Take Responsibility for Risk Oversight. Engage in Risk-Monitoring Activities on a Regular and Systematic Basis.

Risk Management 98

Risk Management Risk Strategy Enterprise 98

datapine

MAY 31, 2022

We discussed already some of these cloud computing challenges when comparing cloud vs on premise BI strategies. 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. Cost management and containment.

Risk 237

Risk Cost-Benefit Business Intelligence Data-driven 237

CIO Business Intelligence

DECEMBER 14, 2023

As CIOs seek to achieve economies of scale in the cloud, a risk inherent in many of their strategies is taking on greater importance of late: consolidating on too few if not just a single major cloud vendor. This is the kind of risk that may increasingly keep CIOs up at night in the year ahead.

Risk 130

Risk Cost-Benefit Strategy Risk Management 130

CIO Business Intelligence

OCTOBER 9, 2024

However, this enthusiasm may be tempered by a host of challenges and risks stemming from scaling GenAI. Optimizing GenAI with data management More than ever, businesses need to mitigate these risks while discovering the best approach to data management. That’s why many enterprises are adopting a two-pronged approach to GenAI.

Strategy 142

Strategy Modeling Management Data Lake 142

Rocket-Powered Data Science

FEBRUARY 15, 2023

Third, any commitment to a disruptive technology (including data-intensive and AI implementations) must start with a business strategy. I suggest that the simplest business strategy starts with answering three basic questions: What? That is: (1) What is it you want to do and where does it fit within the context of your organization?

Strategy 290

Strategy Experimentation Uncertainty Machine Learning 290

CIO Business Intelligence

OCTOBER 15, 2024

In today’s rapidly evolving technological landscape, the role of the CIO has transcended simply managing IT infrastructure to becoming a pivotal player in enabling business strategy. This article delves into the six steps of delivering a successful IT strategy.

Strategy 133

Strategy Gap analysis IT Consulting 133

CIO Business Intelligence

JANUARY 2, 2024

What CIOs need to do instead is to present IT infrastructure investment as an important corporate financial and risk management issue that the business can’t afford to ignore. From a financial and risk management standpoint, the building is a useless (and hazardous) asset that must be written off the books and remedied. .

Risk 128

Risk IT Risk Management Sales 128

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

MAY 6, 2024

Amid that growth, a few key trends surfaced to impact CIOs’ cloud strategies, continuing to today: More flexible consumption models To increase spend within their ecosystems, hyperscalers marketed more flexible consumption programs to enable customers to increase their commitments, while mitigating consumption risk.

Marketing 131

Marketing Strategy IT Data Processing 131

CIO Business Intelligence

MAY 15, 2024

With improving security, reducing risk, and driving revenue growth among organizations’ priorities for the use of AI, there are a number of factors CIOs will have to consider when outlining AI strategy. Before any teams begin to use GenAI tools, there must be a thorough risk assessment of how these will affect operations.

Strategy 119

Strategy Risk Machine Learning Software 119

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.

Risk 123

Risk Machine Learning Risk Management Measurement 123

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?

Risk 112

Risk Risk Management Strategy Enterprise 112

CIO Business Intelligence

JANUARY 24, 2024

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. Unfortunately, the road to data strategy success is fraught with challenges, so CIOs and other technology leaders need to plan and execute carefully. Here are some data strategy mistakes IT leaders would be wise to avoid.

Data Strategy 136

Data Strategy Strategy Unstructured Data Data Governance 136

CIO Business Intelligence

JANUARY 24, 2024

Our analytics capabilities identify potentially unsafe conditions so we can manage projects more safely and mitigate risks.” Elevating IT To modernize Gilbane’s architecture, Higgins-Carter and her peers had to elevate innovation and technology as a core strategy for the company. Put your data strategy in business turns.

Risk Management 116

Risk Management Risk Management Digital Transformation 116

CIO Business Intelligence

AUGUST 8, 2024

Also known as code debt, it’s the accumulation of legacy systems and applications that are difficult to maintain and support, as well as poorly written or hastily implemented code that increases risk over time. Sutton recommends three strategies to help keep technical debt in check.

Strategy 103

Strategy Digital Transformation Business Analysis Reporting 103

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