article thumbnail

Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. Financial services firms can use the tool for “what if?”

article thumbnail

Turning climate risks into business opportunities 

IBM Big Data Hub

As businesses make plans to mitigate climate risks such as extreme weather events, they have an opportunity to innovate with new business models and demonstrate leadership by implementing more sustainable practices. What is climate risk? These risks can make it difficult or impossible for organizations to operate in affected locations.

Risk 45
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

GUEST ESSAY: Why organizations need to prepare for cyber attacks fueled by quantum computers

The Last Watchdog

This is even more urgent as quantum computers will increase our risk of critical infrastructure disruption or failure. About the essayist: Skip Sanzeri is COO of QuSecure , supplier of QuProtect™, a state-of-the-art, software-based quantum security solution.

article thumbnail

How AI is helping companies meet sustainability goals

IBM Big Data Hub

AI solutions work by collecting asset performance data and feeding it into machine learning models, which can predict asset health and risk of failure. These models will be valuable for predicting flood zones, forest fires , and other climate risks.

article thumbnail

The Importance of “Legacy” in Colleges and Universities

Rocket Software

North Carolina Central University, NC Agricultural and Technical State University, Alcorn State University, Tennessee State University and East Carolina University. And while moving the 220 billion lines of COBOL code that exist to a modern language is technically doable, it makes no sense from a financial or risk perspective.

article thumbnail

The most valuable AI use cases for business

IBM Big Data Hub

Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying. They can streamline workflows to increase efficiency and reduce time-consuming tasks and the risk of error in production, support, procurement and other areas. ML can also conduct algorithmic trading without human intervention.

Retail 95
article thumbnail

Congress Passes Cyber Incident Reporting for Critical Infrastructure Act of 2022

Data Matters

The reporting requirements will cover multiple sectors of the economy, including chemical industry entities, commercial facilities, communications sector entities, critical manufacturing, dams, financial services entities, food and agriculture sector entities, healthcare entities, information technology, energy, and transportation.