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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2024-11-21T16:25:00
Data governance has become a key concern for companies, especially when the EU AI Act and General Data Protection Regulation (GDPR) have put a premium on handling data responsibly and ensuring that artificial intelligence does not cause harm.
Both pieces of legislation spell out what companies need to do to comply with responsible AI use–but not necessarily how to do it. And while some activities may be deemed “high risk,” they are not banned.
Cross-border legislation, the potential for regulatory cross-over, and differences in enforcement approaches both inside and outside the EU also pose concerns about how “safe” or “risky” companies can be with their use of data and AI, while a lack of case law is an incentive for more aggressive companies to dive in.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-11-15T13:00:00Z By Yasmine Abdillahi, CW guest columnist
The era of artificial intelligence adoption is testing the old ways of doing compliance, underscoring the need for continuous monitoring. Compliance isn’t a one-and-done activity, but sometimes organizational incentives and goals fail to prioritize the importance of this.
2024-10-31T14:43:00Z By Aaron Nicodemus
While companies are exploring and building artificial intelligence technology, lawmakers and regulators are trying to identify what ground rules they need to set. These guardrails are what companies and governments alike believe are essential parts of ensuring safe and responsible use of the technology.
2024-10-28T15:29:00Z By Aaron Nicodemus
Companies are adopting artificial intelligence tools at a breakneck pace, but it’s increasingly clear that they set guardrails early. AI leaders say that approaching the technology with safety and ethics in mind will help ensure its upside benefits, while avoiding the significant risks it poses as well.
2024-10-18T12:00:00Z By Aaron Nicodemus
For all the hype surrounding generative artificial intelligence, the technology has been met with a healthy skepticism in the compliance community. Compliance practitioners want to know: Is it safe? Can it be deployed ethically? Are the risks greater than the rewards? And what should an AI acceptable use policy contain?
2024-10-11T19:20:00Z By Neil Hodge
Companies are increasingly putting their faith in AI to realize the kind of business benefits that the technology seems to promise, but they are also opening themselves up to new and potentially crippling sanctions if they are unable to answer questions that surround how AI operates.
2024-08-22T15:32:00Z By Amii Barnard-Bahn
Artificial intelligence is rapidly transforming the business landscape, and this is especially true for anyone working in compliance. But while AI offers immense potential to streamline processes, enhance decision-making, and mitigate risks, it also introduces a new set of challenges that compliance professionals must navigate.
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