A recent survey by Compliance Week revealed that nearly 70 percent of organizations use AI, but do not have adequate AI governance. This is shocking. But the most alarming part is that these organizations do not perceive that...more
12/20/2024
/ Artificial Intelligence ,
Bad Actors ,
CFTC ,
Class Action ,
Compliance ,
Cybersecurity ,
Deep Fake ,
Equal Employment Opportunity Commission (EEOC) ,
Financial Institutions ,
Governance Standards ,
Insurance Industry ,
Penalties ,
Securities and Exchange Commission (SEC)
At the onset of widespread AI use, AI’s ability to produce quick and seemingly trustworthy outputs distracted many companies and individuals from the dangers of using AI tools as a “new toy.” After the novelty wore off, AI...more
11/14/2024
/ Artificial Intelligence ,
Audits ,
Automated Decision Systems (ADS) ,
Bias ,
Corporate Governance ,
Data Collection ,
Governance Standards ,
Policies and Procedures ,
Public Relations ,
Regulatory Oversight ,
Risk Management
In the rapid evolution of artificial intelligence, companies are often enticed by the numerous benefits that AI can offer, from improving efficiency and productivity to gaining a competitive edge....more
Imagine this scenario: A financial institution adopted AI to automate credit decisions, but due to an inadequate governance framework, the system denied loans based on incomplete or biased data. When regulators and customers...more
On September 23, 2024, the U.S. Department of Justice (“DOJ”) released updates to its Evaluation of Corporate Compliance Programs (“ECCP”) guidance. In a move that surprised no one (especially if companies have been reading...more
10/9/2024
/ Artificial Intelligence ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Emerging Technologies ,
Employee Training ,
Enforcement ,
Guidance Update ,
Penalties ,
Policies and Procedures ,
Popular ,
Risk Assessment ,
Risk Mitigation
Join industry experts Allison Spagnolo, Asha Muldro, and Matt Corwin as they dive into the rapidly evolving landscape of AI governance, privacy concerns, and the legal frameworks that are shaping corporate compliance. As AI...more
10/2/2024
/ AI Act ,
Artificial Intelligence ,
California ,
Compliance ,
Corporate Counsel ,
Corporate Governance ,
EU ,
Executive Orders ,
FCC ,
Law Firm Associates ,
Law Firm Partners ,
Legal Technology ,
Privacy Concerns ,
Regulatory Requirements ,
Risk Mitigation ,
Webinars