by CDO Review Staff | Jun 24, 2019 | CDO Insider
Facebook CEO Mark Zuckerberg may know much more about his company’s data privacy scandals than he lets on, reports the Wall Street Journal. Another public relations disaster may be in the offing for the social media giant. Here is an excerpt from a report filed in...
by CDO Review Staff | Jun 24, 2019 | CDO Insider
Munich RE is a global reinsurance company with over 40,000 employees and an intensive focus on AI applications for its operations. To make sure those thousands of employees make the “right” decisions on complex questions, Munich RE formulated common AI principles as a...
by CDO Review Staff | Jun 24, 2019 | CDO Insider
Many companies hoard their data. But in trying to comply with the strict requirements of GDPR, some organizations have switched to the other extreme: They are now deleting too much data, which could be useful in the future, in order to minimize risk of damaging data...
by CDO Review Staff | Jun 24, 2019 | CDO Insider
Rob Casper, CDO of JP Morgan, made it his mission to shrink the company’s 390 million petabytes of data in storage. Together with Jeff Macmillan, now CDO of Morgan Stanley, Casper established a data governance framework that replaced the old taxonomic system with...
by CDO Review Staff | Jun 24, 2019 | AI, Asset Management and Trading, Chief Data Officer
Data mining is the primary reason why US financial firms are diving deep into AI and its applications say 36% of those surveyed by Broadridge Financial Solutions. Another 20% said they used AI primarily for post-trade processing while 13% said market analytics. Here...
by CDO Review Staff | Jun 21, 2019 | Data Privacy & Security
Over a two day-span in June, three US universities reported that they were hit by data breaches this year. Graceland University, Oregon State University, and Missouri Southern State University have all notified the individuals affected by the data breaches one of...
by CDO Review Staff | Jun 21, 2019 | Data Privacy & Security
While we all worry about which entity Facebook next sells our data, a bigger snitch is lodged in our smartphones. These ever-present mobile apps ask for all sorts of permissions most of which is unrelated to what service they actually perform. And they represent the...
by CDO Review Staff | Jun 21, 2019 | Data Privacy & Security
The litany of Facebook faults seems never-ending. Even after an 18-month run of scandals and missteps, the social media giant seems not to have learned a lesson as the New York Times just broke a story that Facebook is under investigation for criminal behavior related...
by CDO Review Staff | Jun 21, 2019 | Data Privacy & Security
Silicon Valley’s attempt to defang California’s strong data privacy law has ground to a halt in the US Senate. California’s data privacy law, scheduled to go into effect at the end of 2019, has several provisions unpalatable to big technology companies like Facebook...
by CDO Review Staff | Jun 21, 2019 | Data Privacy & Security
Big Tech’s headaches now range from coast to coast as Maine Governor Janet Mills signed into law a data privacy bill that is in some ways even more stringent than a similar data privacy law passed in California. A key provision in the Maine data privacy law is that...
