- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Kyle Brasseur2024-03-07T19:11:00
The Department of Justice (DOJ) is working on an update to its Evaluation of Corporate Compliance Programs (ECCP) guidance to spell out the responsibilities of compliance staff for managing artificial intelligence (AI)-related risks.
Deputy Attorney General Lisa Monaco announced the impending change in remarks delivered at an American Bar Association event Thursday. She said she directed the Criminal Division to “incorporate assessment of disruptive technology risks, including risks associated with AI,” into the next update to the ECCP.
“When our prosecutors assess a company’s compliance program—as they do in all corporate resolutions—they consider how well the program mitigates the company’s most significant risks. And for a growing number of businesses, that now includes the risk of misusing AI,” Monaco said. “That’s why, going forward and wherever applicable, our prosecutors will assess a company’s ability to manage AI-related risks as part of its overall compliance efforts.”
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