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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Neil Hodge2023-07-06T15:33:00
Cybersecurity experts have long raised concerns emerging technologies like generative artificial intelligence (AI) can increase risks to businesses because of the speed in which the tech evolves and the way it learns from input data.
The ease at which accessible and easy-to-use tools such as ChatGPT can result in breaches of data, information technology security, and corporate confidentiality has prompted companies, including Samsung and many large banks, to limit or restrict their use in the workplace.
But cyber and data professionals believe there are ways companies can stay ahead of the risks as AI continues to evolve.
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News and analysis for the well-informed compliance or audit exec.
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Our lowest price ($1 per day) for one year.
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2024-01-25T21:38:00Z By Jeff Dale
The U.K. Information Commissioner’s Office is seeking input from developers, users, and those interested in generative artificial intelligence to help inform policy and guidance regarding the technology.
2023-10-18T07:00:00Z By Kyle Brasseur
A panel of experts discussed trending topics in the compliance space, including the debate over whether humans or machines will lead future efforts to fight financial crime, during the opening keynote at Compliance Week’s Europe conference in London.
2023-09-14T18:55:00Z By Adrianne Appel
Federal lawmakers shined a spotlight on artificial intelligence this week, raising the possibility that Congress will—eventually—legislate some controls on the burgeoning technology should middle ground be found.
2024-07-24T17:54:00Z By Neil Hodge
A lack of risk visibility is causing companies to reject customers–and potentially lose money–over fears they might be in danger of violating rules around anti-money laundering and sanctions regulations.
2024-07-15T16:45:00Z By Jeff Dale
The Treasury Department’s Financial Crimes Enforcement Network updated an alert first issued in February warning financial institutions of Israeli extremists fomenting violence in the West Bank.
2024-06-28T19:30:00Z By Jeff Dale
A Bank of England report warned of private equity risk management deficiencies as interest rates remain stagnant, with international coordination important.
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