News Roundup: Private-Company CCOs See Earnings Drop
Execs expect generative AI to turn a profit as soon as next year, regulatory finserv penalties climb 31%
Read moreDetailsAI’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.
Execs expect generative AI to turn a profit as soon as next year, regulatory finserv penalties climb 31%
Read moreDetailsThe European Union’s landmark AI Act formally went into effect Aug. 1, changing the way artificial intelligence is regulated across Europe — and, indeed, around the world. This first-ever comprehensive legal framework aims to ensure that AI systems released in the EU market and used in the EU are safe. ...
Read moreDetailsRigid guidelines to impact deployment and innovation of AI on a global scale
Read moreDetailsData protection struggles amid cloud & AI expansion
Read moreDetailsPeter K. Jackson, a counsel in Greenberg Glusker’s intellectual property group, tells a hypothetical story about creating (or buying?) a responsible, useful and risk-aware AI tool.
Read moreDetailsGenerative AI is already helping companies think of new ideas
Read moreDetailsCompliance can add value throughout AI lifecycle
Read moreDetailsAI tools present opportunity but also elevate risk
Read moreDetailsRisk is high that personal information will be sucked up by AI engines
Read moreDetailsRisk-reward calculus of decades past may no longer be fit for purpose
Read moreDetailsAccountant shortage pushing companies to adopt new technology; cloud-native app security market set to surge
Read moreDetailsNew Labour government likely to look more closely at bribery, corruption and AI, among other areas
Read moreDetailsFounded in 2010, CCI is the web’s premier global independent news source for compliance, ethics, risk and information security.
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