HSO’s Post

Here are four takeaways from a conversation I had today with an AI leader in a highly regulated industry: 1. Humans are the “security control” for the risk of generative AI giving incorrect outputs > means internal use cases only. 2. Buy not Build - BUT, the market is messy, moving fast, and its not clear there is an obvious buy choice for horizontal enterprise solutions. 3. Pareto rules AI skills/training - 20% of the workforce will create 80% of the value. 4. Data + LLM - This is where the known value will be extracted, but data pipelines and managing risk are still time consuming and hard to solve. What would you add or disagree with? #GenerativeAI #llm #EnterpriseAI #ArtificialIntelligence

Last chance to register! 🚨Compliance Hot Topics: Data Analytics and AI 📅 May 16, 2024  ⏱️ 11 AM - 12 PM EST • Review steps compliances teams should be taking — today — in light of emerging AI risks  • Set your roadmap for your AI policies • See new strategies to collect and use meaningful data so you can satisfy DOJ requirements and inform, defend, and evolve your program Register now and earn CEUs! https://lnkd.in/enDhVJEr

Scott Margolis, FIP, CIPP-US, CIPT, PMP shares how AI and machine learning models rely on high-quality, verifiable data. Establishing governance for appropriate data use is complex, and modelers must minimize identifiable data to prevent leaks and bias from the start. The FTI Technology and IAPP - International Association of Privacy Professionals AI Governance in Practice Report provides actionable, real-world insights surrounding risk management for advanced technologies, along with commentary from governance experts. 📑 Download it today to learn more: bit.ly/3yNZDmo #AI #ArtificialIntelligence

Alexander Major spoke with Law360 about the challenges surrounding recent GSA guidance for federal agencies’ purchases of generative AI and highlights some possible best practices for contractors selling to the federal government. #AI #generativeAI

Navigating the Future: Dynamic Information Governance with AI Join our partners, Objective Corporation, for a webinar on the rapid evolution of information governance practices in the age of AI. The Objective team and Reynold (Ren) Leming will delve into the latest strategies and practices for modernising information governance frameworks and explore how the integration of AI can revolutionise processes.     Attendees will learn how to prepare their organisation to be AI ready, strengthen their compliance with privacy regulations and leverage information for strategic advantage.  17 July 2024  10:00-11:00AM (BST)  Register: https://lnkd.in/e9SjaBU8 #AI #artificialintelligence #infogov #governance #informationmanagement #partner #webinar

AI is transforming the financial services industry, but its true value lies beyond customer-facing tools. From streamlining operations to enhancing fraud detection, AI offers powerful ways to improve efficiency and security. But the key to success? Data readiness. Many organisations face challenges with siloed, outdated, or poorly governed data. Building a strong foundation and fostering a data-driven culture are critical steps to fully leveraging AI’s potential. Discover practical strategies to align AI with business goals, enhance data governance, and drive meaningful outcomes in financial services this way: https://lnkd.in/gMBK4DXA #financialservices #AI #datadriven #fraudprevention

Dear Connections, I'm excited to let you know that I've completed my "AI Governance Certification" with Securiti AI governance is all about managing and ensuring that AI systems in enterprises follow legal and business standards properly. The course had detailed modules with interactive slides. It covered essential topics like global AI regulations, fundamental concepts of Generative AI, AI risk management, and frameworks for responsible AI innovation. #artificialintelligence #aigovernance #dataprivacy #certification #securiti

The AI regulatory landscape is ever-evolving, with new frameworks like the European Union’s AI Act marking pivotal steps forward.     For the third year in a row, Boston Consulting Group (BCG) and MIT Sloan Management Review brought together a global panel of AI experts to examine how organizations are tackling AI risks in the face of uncertainty. Our learnings?  🚧 Many experts believe organizations are not adequately enhancing risk management for AI challenges  ⏳Nearly half doubt organizations can meet the EU AI Act's requirements in the next 12 months  🔍 Panelists agree that companies should disclose AI usage, emphasizing transparency as vital for customer trust but highlighting challenges in defining disclosure requirements  🌍 Most panelists see insufficient global alignment on responsible AI standards, complicating enforcement and compliance     📖 Dive deeper into our insights here: https://bit.ly/3YAp6J9   #ResponsibleAI #EUAIAct #AI #ArtificialIntelligence  

AI isn’t like the weather where everyone is talking about but little is being done. The experts at FTI Consulting will support your data governance and the forerunner activities in data quality that are necessary to enable successful AI training, testing, and operationalization.

As businesses continue to explore and test AI use cases at scale, oversight from regulators will increase. This means mounting pressure for organizations to establish guardrails, monitor faults in algorithms or inaccurate training data, and assess for bias and hallucinations. But who in the organization owns this responsibility? This virtual discussion explores how managed operations are poised to play the role of overseer, managing risk and meeting compliance requirements associated with AI. In this webinar, we'll cover: How AI growth can have a significant impact on highly regulated industries from a compliance standpoint. The importance of building out governance and control processes from a corporate risk perspective before rolling out AI algorithms. The important factors in establishing a governance position on responsible tech for AI strategy. Why it's crucial to establish the necessary foundations before implementing AI engines across the enterprise at scale. How dashboards and reports can be generated from operations and fed into the managed services database to spot anomalies. #AI #compliance #operations #governance #ownership