Cybersecurity Pros Name Social Engineering as Top Human Risk
Plus: 20-point bump for AI in financial predictions; July sees ransomware peak
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Tag: Artificial Intelligence (AI)
AI’s ability to process large volumes of data with speed and accuracy can potentially transform regulatory compliance — but not without attendant risk and challenges. In the short term, the technology can be used to assist business leaders to understand compliance requirements easily and take apposite action, but circumventing human intelligence and our ability to think ethically and abstractly makes AI’s role in compliance controversial and complex.
Risk & Compliance Implications of New UK Government
AI policy-making is already undergoing shake-ups
Read moreDetailsOnly 1 in 10 Can See Through Shell Companies for Sanctioned Parties
Plus: Small firms have higher chance of reaching SOC 2 goals; AI-enabled cyber risk ranks as top threat
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Most Audit Leaders Are Using AI; Few Have a Strategy for It
Plus: 1 in 10 UK wealth managers don’t ask for a key piece of information; ransomware payments fall while attacks increase
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NIST Is Offering a New AI Evaluation Framework, Not Another Compliance Checklist
Draft framework TEVV-Athlon is designed for organizational flexibility
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AI Governance Is Becoming a Named Accountability
In UK financial services, senior managers in charge of a business area are also in charge of how AI gets used inside that unit
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Illinois Genetic Information Protection Act Comes of Age
Illinois’ experience with biometric privacy offers a cautionary tale for companies that keep genetic information in the AI era
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26% of Execs Say Audit Has Caught Public-Facing AI Mistake
Few orgs say AI governance is fully mature; data center boom running into risk hurdles
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Cyber Leaders Wary of Giving Agentic AI Too Much Authority
Plus: Most finance leaders need to see AI ROI; large majority of companies see rising supply chain risk
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Put the General Counsel in Charge of AI Strategy
The conventional play for enterprise AI strategies is IT leads, committees advise, everyone weighs in. That produces strategies that live in slide decks and die in execution, writes Eric Dodson Greenberg, Cox Media Group’s chief legal officer. An integrated legal and IT model isn’t an intuitive answer, but it may ...
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The Line Between Offloading Work to AI & Surrendering Your Thinking
A practical framework for responsible use of generative AI lays the foundation for managing hallucinations and overreliance
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What the Workday Case Reveals About AI Hiring Records
A May discovery order can provide guidance for compliance professionals when it comes to retention of evidence with AI hiring tools
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