Tag: Artificial Intelligence (AI)

In 2022, nations and organizations around the world will continue working to protect customer data against hackers and accidental breaches. From new international regulations to artificial intelligence, here is a look at how cyber compliance is shifting priorities. We often associate a new year with fresh hopes and optimism. While ...

Teren, formerly SolSpec, has announced $4 million in seed funding led by Allos Ventures, as well as formally rebranding to Teren. The AI machine learning software and content company, which provides geospatial data and insights, said in a news release that the funding will allow it to expand its workforce ...

Key Insights and Trends from the MetricStream GRC Summit 2018 MetricStream’s 2018 Summit in Baltimore saw several hundred business executives, government leaders, GRC practitioners and industry analysts gather to talk GDPR, strategies and solutions for building better governed, more compliant organizations and more. Gaurav Kapoor, MetricStream's Chief Operating Officer, shines ...

Gartner surveyed over 300 Chief Audit Executives (CAEs) in 2018 on their resource and time investments, priorities and challenges in 2019. Gartner VP Malcolm Murray examines the report’s key findings on the impact to the audit function.

Nielsen’s Kevin Alvero and Randy Pierson explore the fundamental elements that should be included in any approach to doing internal audit of artificial intelligence. Many internal audit departments are in the process of developing approaches to auditing their company’s artificial intelligence (AI) activities. There is no single, definitive framework yet ...

The use of AI is projected to grow exponentially in the near future. James Bone discusses what this means for internal audit and outlines the key elements of an AI audit framework. Artificial intelligence has become a national strategic imperative for countries as diverse as China, Russia, the U.K., France, ...

With digitization fueling innovation and change, two questions arise: Is internal audit adjusting quickly enough to innovate and embrace underlying technologies, and should executive management and the board care? Protiviti’s Jim DeLoach discusses. In a world of rapid change on almost every front, in which organizations must adapt and grow ...

Deal Marks Texas-Based Software Provider's Third of 2021 After Company Acquired ContractRoom and AdvancedLaw Texas-based Mitratech recently announced its latest acquisition, GRC platform Alyne. Terms of the deal were not announced, but the acquisition is Mitratech's third this year, including contract lifecycle management platform ContractRoom and legal hiring service AdvanceLaw. ...

A Digital Transformation Increased sophistication in technology platforms, banking channels and digital initiatives has ushered in transformation in the banking industry. But these changes have also brought about increasingly sophisticated financial crimes. Bank fraud is now being committed by tech savvy criminals who find means to bypass the fraud detection ...

The Outlook for AML in the Year Ahead 2018 proved to be a challenging year in the fight against money laundering. Criminals continued to come up with schemes to hide and cash out on their dirty money. With new legislation and technology to help uncover these schemes, will money launderers ...

Buzzwords like AI and machine learning tend to grab the attention of C-suite leaders, but the most exciting tool in the digital transformation toolbox is RPA, robotic process automation. Anthony Macciola defines RPA, discusses the realities of machine learning and covers strategies for driving content intelligence. There has been no ...

Regulatory agencies around the world emphasize the importance of mitigating risks through adverse media screening. In fact, screening for negative news has become an important component of a comprehensive program to determine the level of risk that customers, prospects and business partners may pose to organizations. But relying solely on ...