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NEW TECH: This free tool can help gauge, manage third-party cyber risk; it’s called ‘VRMMM’

The Last Watchdog

Turn the corner into 2019 and we find Citigroup, CapitalOne, Wells Fargo and HSBC Life Insurance among a host of firms hitting the crisis button after their customers’ records turned up on a database of some 24 million financial and banking documents found parked on an Internet-accessible server — without so much as password protection.

Risk 147
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Automated governance and trustworthy AI

IBM Big Data Hub

As part of their AI adoption, enterprises should define and adopt safety standards to manage their regulatory, financial, operational, technology and brand risks. As an example, a large financial services firm could easily deploy hundreds or thousands of AI models to assist decision makers in various tasks.