Covers: Regulation & PolicyGovernance & Risk ManagementLegal & CourtsBanking & FinanceCybersecurityChatbots & LLMsPrivacy & SurveillanceHallucinations & FabricationGovernment & Public SectorHealthcare
JD Supra...artificial intelligence(AI) by exchanges, clearinghouses, futures ... The report examined AI use cases in financial services, reviewed therisksof AI …
JD Supra The increasing use and development ofartificial intelligence(“AI”) systems and products, particularly generative AI, has createdrisksfor …
JD Supra To combat the purported risks caused by AI, Director Grewal suggests that firms: (i) educate themselves about emerging and heightened AI riskareas, ( …
JD SupraARisk Aware Approach to Data, Legal Governance, and Insurance. The transformative power ofartificial intelligence(AI) is incredible, and …
Legal & CourtsChatbots & LLMsGovernance & Risk ManagementBanking & Finance
JD SupraNIST issued three draft publications to assist organizations in (1) addressing the uniquerisksposed by generative AI, (2) implementing secure …
Governance & Risk ManagementAI Safety & Existential RiskChatbots & LLMs
JD Supra Is there a hotter topic in the business world than AI?AI offers major opportunities for progress and productivity gains, but substantialrisksas …
JD Supra The pitfalls of modern technology have become clearer with the advent of generative AI, requiring companies to adopt AI usage policies …
...AI riskmanagement. OFCCP's “Promising Practices” Reflect an ... risks of algorithmic discrimination – concepts that are core to the NIST AI RMF …
Jobs & the EconomyBias & FairnessGovernance & Risk Management
JD Supra...risks. b) Mechanisms should be in place, as appropriate, to ensure that if AI systemsriskcausing undue harm or exhibit undesired behavior, they …
JD Supra Perceivedrisks. Theriskof bias, discrimination, and the financial exclusion of vulnerable populations. Government proposals. Regulators will need …
Regulation & PolicyBanking & FinanceBias & FairnessGovernment & Public Sector
JD Supra...AI models. This is not the first time ChatGPT has come under regulatory scrutiny under GDPR. Previously, it faced a temporary ban in Italy due to …
Hallucinations & FabricationPrivacy & SurveillanceRegulation & Policy
President Joe Biden's October 2023 Executive Order on AI directed agencies to institute a significant number of actions on AI. On April 29, 2024, …
These requirements align with the core functions of the NIST AI RMF—govern, map, measure, and manage—with the aim of reducing generative AI risksand …
JD Supra Of the four draft publications, two provide guidance to help manage therisksof generative AI and are designed to be companion resources to the (AI …
Regulation & PolicyGovernance & Risk ManagementChatbots & LLMs
JD Supra In this episode, Meg Pekarske is joined by Jody Rudman, the leader of Husch Blackwell's White Collar, Internal Investigations & Compliance group, …
JD Supra Each individual agency ChiefAIOfficer is charged with coordinating agency use of AI and promoting AI innovation, while also managing therisks …
JD Supra Amplifying existingrisk. Instead,AI may amplify and accelerate the existing financial sectorrisks— i.e., those connected with financial stability, …
Compliance professionals should document theriskassessment process, including the identifiedrisks, mitigating measures, and ongoing monitoring …
JD Supra...AI technologies. This article delves into these complex issues, providing essential insights for cybersecurity, information governance, and …
CybersecurityPrivacy & SurveillanceGovernance & Risk Management
Instead, the government stated its intention to empower existing regulators to address AI risksin a targeted way and tailored to the needs of each …
Regulation & PolicyBanking & FinanceGovernment & Public Sector
In today's rapidly evolving business landscape, compliance andriskmanagement are critical components for the success and sustainability of any …
For example, some companies are extending any audit committee oversight of technologyrisksto include AI, and companies that already have a …
JD Supra Such guidelines should cover:riskmitigation and management, including harm prevention; data quality and governance; communications; and governance …
JD Supra Director of Enforcement of the U.S. Securities and Exchange Commission (SEC or Commission) Gurbir Grewal warns of theriskssurroundingartificial …
JD Supra...AI tools may present uniquerisks. Key takeaways are summarized below. The full text of the guidance can be found here. Drafting Documents for …
JD Supra...AI, spear phishing and other cybersecurityrisksin the age of AI. Review cyber insurance policies for gaps in coverage that AI may create. The …
JD Supra California's bill refers to these systems as automated decision tools while the Connecticut and Colorado bills focus on high-riskuses. All three …
JD Supra Bennett Jones welcomed the opportunity to present a practical, opportunity andriskfocused approach to the governance of Artificial Intelligence …
...AI hallucination , specifically, submission of an AI-generated specimen of use. Again, the AI tool must be double-checked to make sure it has …
This partnership is the first of its kind and will see the two countries work together to assessrisksand develop safety tests for the most advanced …