Did you know last year, there were about 4,100+ data breaches, accounting for 22 billion publicly exposed records? Another research predicts that by the end of 2023, the global cost of cybersecurity would reach $10.5 trillion! It is evident that cybersecurity and privacy trends go hand in hand with technological innovations. At the dawn of… Continue reading Keep Up with 2024’s Top Data Privacy Trends with OpenPages Data Privacy Management
Generative artificial intelligence, or GenAI, is now a global phenomenon. Leaders and decision-makers of enterprises creating this transformative technology strive to understand ways to govern, deploy, and ethically manage workflows and roles across the AI lifecycle. Enter IBM Watsonx, the next-gen AI and data platform to build meaningful and explainable AI. Tech leaders across industries… Continue reading IBM Watsonx: An AI Value Creator for Accelerating Your Firm’s AI Governance
IBM OpenPages with Watson is an integrated risk management platform built to help organizations stay on top of their ESG goals. Organizations whose board members and executive leadership are far behind in their grasp of ESG risks can leverage the tool to quickly adapt to the latest ESG reporting framework! The term environmental, social, and… Continue reading IBM OpenPages Risk Management for ESG Helps Corporate Leaders Understand their Firm’s ESG Risks
In part 1 of this blog, we delved into the current business challenges and the role of internal audit in addressing them. Through doing so we highlighted improved practices we’ve observed, and identified critical areas where internal audit can proactively address cloud computing and smart devices. In part 2, we will focus on cyber security… Continue reading Internal Audit and its Growing Role in Emerging Technologies – Part 2
The internal audit business function has steadily seen its role in Emerging Technologies grow exponentially. With data breaches frequently appearing in the news, executives are becoming increasingly anxious about data privacy and security matters. There has been an increase in the risk of IT security breaches, customer data misuse, and reputational harm. The increase can… Continue reading Internal Audit and its Growing Role in Emerging Technologies
Enterprise risk management software implementation can be very complex, especially when you consider the large number of third-party integrations that are commonly required. Without these integrations, your enterprise risk management (ERM) platform may fall short of reaching its full potential, especially when it comes to return on investment (ROI). The complexity and broad scope of… Continue reading Enterprise Risk Management Software Implementation Best Practices
IBM’s OpenPages with Watson stands out as a highly integrated governance, risk, and compliance platform, empowering businesses to address their risk and compliance challenges effectively. IBM OpenPages with Watson v9.0.0 comes with exciting new capabilities and enhancements. Such as the integration of custom machine learning models and notable updates in workflows and dashboards of individual… Continue reading Key Highlights of IBM OpenPages with Watson v9.0.0 Release
In any organization, digital risk has rapidly emerged as one of the most pervasive and rapidly growing risks. A recent survey by Gartner indicates that digital risk is the foremost strategic business priority for corporate directors in 2022 and 2023. The dependence on digital technologies has accelerated, driven by investments made during and after the… Continue reading AI can Help You Turn Digital Risk Management into Strategic Advantage
Enterprise risk management software can be a challenging sell when it comes to convincing company leadership, stakeholders, and other decision-makers to make an investment in this technology. You’re dealing with a threat or vulnerability that, to date, hasn’t caused any major issues and so, there is the hope that the status quo will prevail and… Continue reading How to Build a Business Case for Implementing Enterprise Risk Management Software?
Enterprise risk management software — or ERM — has gained an ever-increasing amount of popularity amongst companies in all industries and business sectors in recent years. Many point to the COVID-19 pandemic as the primary impetus for the rise of enterprise risk management software, alongside technologies such as the cloud, machine learning, artificial intelligence, and… Continue reading How to Evaluate the Return on Investment for ERM?