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Big Data Analytics and Operational Risk

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Questions and Answers

What impact can changes in analytics capabilities with respect to big data have on enterprises?

Introduce technical and operational risk (correct)

Reduce the need for centralized data storage

Improve regulatory compliance

Decrease competitive advantages

Why should managers of technical and operational risk consider certain data elements to be centralized?

To limit access to the data

To decrease the need for data analysis

To increase technical risk

To comply with regulatory or contractual requirements (correct)

How can centralization of data elements contribute to technical risk?

By reducing the need for data analysis

By compounding technical risk (correct)

By decreasing the complexity of data storage

By improving regulatory compliance

Big Data Analytics and Operational Risk

Choose a study mode

Podcast

Questions and Answers

What impact can changes in analytics capabilities with respect to big data have on enterprises?

Why should managers of technical and operational risk consider certain data elements to be centralized?

How can centralization of data elements contribute to technical risk?

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