New tools are enabling organizations to invite and leverage non-data scientists – say, domain data experts, team members very familiar with the business processes, or heads of various business units – to propel their AI efforts. There are advantages to empowering these internal “citizen data scientists,” but also risks. Organizations
Tag: risks
The Top Ten Cybersecurity Risks That Are Expected To Impact IT Industries In The Year 2023
Going into 2023, cybersecurity is still topping the list of CIO concerns. This comes as no surprise. In the first half of 2022, there were 2.8 billion worldwide malware attacks and 236.1 million ransomware attacks. By year end 2022, it is expected that six billion phishing attacks will have been
Cloud Security: User Must Understand The Risks Involved And Implement Adequate Security Controls
Protecting data and applications in the cloud involves managing people, processes and technology with stringent policies. There has been a tremendous increase in the number of organizations migrating to the cloud due to its excellent reliability, scalability and reduced costs. Cloud security plays a key role in this transition and
Data Privacy: Consumers Are Well Aware Of The Risks, But Many May Be Overstating Their Worries
Data-sharing is both fuel and lubricant to the world’s economy. It powers online and offline business models, and it enables, in the form of cookies and browser history, greater ease of use for consumers. But with every year, as more data – in terms of volume, types, and richness –
Blockchain’s Ethical Risks: How Developers And Users Can Mitigate Potential Damage
Senior leaders face a range of ethical and reputational risks in implementing blockchain projects. This article looks at four risks – the lack of third-party protections, the threat of privacy violations, the zero-state problem, and bad governance – and offers advice for how blockchain developers and users can mitigate potential
Web3 (A Read – Write – Own Version Of The Web): The Risks And The Benefits
Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized finance, and more. It offers a read/write/own version of the web, in which users have a financial stake in and more control over the web communities they belong
The Risks, The Criticism And A Long-Term Consequences Of A Negative Association Between Your Brand And A Controversial Figure
Consumers select brands they regard as matches to their self-image, and a positive public role model associated with your brand helps facilitate this comparison. Once consumers form adverse associations with your brand, this may result in decreased revenue and other financial harm. The more this happens, or the longer it
Will AI Affect Our Jobs? What Risks Might AI Pose On Society? Can We Train AIs To Make Moral And Ethical Decisions? | A Panel Discussion
We asked the public to send in their questions to our panel of experts, to find out what challenges and opportunities they think AI will present us with in the next decade. Will AI affect our jobs? What risks might AI pose on society? Can we train AIs to make
Top Governance Risks For Board Directors And CEOs: Cybersecurity And Artificial Intelligence
Ask most board directors and CEO’s to define cybersecurity and artificial intelligence in a board meeting and have them share their answers and you may well find that their depth of knowledge is too shallow in their duty of care responsibilities. This, however, is fast changing after many years where
Does Your Company Management Understand Cyber Risks?
Over the past decade, business leaders have had to face an uncomfortable truth: It’s become impossible to sit at the head of a company and not address the threat of cyber risk. Cyber-attacks are increasingly pervasive and can present near existential threats to companies, and boards of directors and CEOs
