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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. Across the financial sector, there are transition risks to consider as we move to a low-carbon economy. Financial services firms can use the tool for “what if?”

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Turning climate risks into business opportunities 

IBM Big Data Hub

In Africa, for example, recurring droughts, floods and cyclones due to climate change might cause crop failures and food insecurity. In some business sectors, such as financial services, fast-moving consumer goods and healthcare, business interruptions can have a significant detrimental impact on daily life.

Risk 60
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How AI is helping companies meet sustainability goals

IBM Big Data Hub

If we think about asset maintenance, for example, the questions are which technicians are available, where, and how should their work be prioritized. This use case shows how AI can help by processing unstructured image and video data in addition to structured data in the previous examples. It’s not about minimizing travel.

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The Economy of Things: the next value lever for telcos

IBM Big Data Hub

For example, a fleet truck outfitted with an EoT-secure identity and wallet is able to pay for its own fuel at a similarly EoT-enabled fuel pump without the driver having to open an app or provide a credit card. Telcos can also play the role of data providers as well as data marketplace and brokerage operators within the ecosystem.

IoT 51
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CISA issues proposed rules for cyber incident reporting in critical infrastructure

Data Protection Report

For example, government contractors or subcontractors with reporting obligations to the DOD or DOE for cyber incidents, or financial services entities that are already required to report cyber incidents to their primary federal regulator would be considered “covered entities” under the CIRCIA.

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EU data governance regulation – a wave of digital, regulatory and antitrust reform begins – Part 1

Data Protection Report

The Data Strategy proposed the establishment of nine common European data spaces for data sharing and pooling, including health, mobility, manufacturing, financial services, energy, and agriculture.

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The most valuable AI use cases for business

IBM Big Data Hub

For example, Amazon reminds customers to reorder their most often-purchased products, and shows them related products or suggestions. Agricultural machines can engage in autonomous pruning, moving, thinning, seeding and spraying. A flood of applications can be screened, sorted and passed to HR team members with precision.