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The European Union's Artificial Intelligence Act, Regulation (EU) 2024/1689 ("EU AI Act") was published in the EU official journal on July 12th, 2024. This Act is the first comprehensive, horizontal, legally binding framework for regulating systems across the EU. The Act became legally mandatory on August 1st, 2024, and its enforcement will proceed two years after, on August 1st, 2026. ➡️ https://hubs.ly/Q02Q4LMT0 But what does this all mean? What is the law, and what can I expect? The EU AI Act aims to establish a harmonious legal framework which oversees the development, sale, purposing, and use of AI systems within the European Union. The new law spans 180 Recitals and 113 Articles and offers a risk-based approach to regulating and regimenting AI systems. Important Points Whether you've considered AI integration or are already engaged in it, you MUST be aware of several provisions at all levels. Our article will take you through all these important points ➡️ https://hubs.ly/Q02Q4LMT0 If you’re interested in scaling and future-proofing your AI efforts, get in contact with us for a free quote. https://hubs.ly/Q02Q4L5L0 #ai #eu #euaiact #iso42001 #business

Cybercriminals are constantly innovating and expanding their repertoire of tactics to extort businesses and individuals. There is no getting away from the fact that business owners need to make it their duty to their business, employees, and customers to take these threats seriously to protect livelihoods, personal and sensitive data as well as potentially the loss of large sums of money. We’ve done some research, and it is clear to us that you should be taking the 3 following threats very seriously. 🔒 Problem 1 🔒 AI Technologies: Deepfake technologies, AI-powered calls using vishing (voice phishing) to dupe employees, video manipulation and CAPTCHA breaking are some examples. As AI assisted deepfake technologies improve, cybercriminals are producing more believable social engineering attacks. Tip Teach employees about new types of attacks and possible scenarios and make these regular sessions. Prevention is the best form of protection so IT/Security teams should adopt new tech solutions to keep pace with innovation. Businesses should establish an Information Security Management System such as ISO/IEC 27001 to keep data secure. 🔒 Problem 2 🔒 Emotional Phishing: Romance scams, Cryptocurrency investments, and Phishing emails using ChatGPT (or similar) to avoid typos and make communication sound genuine. Cybercriminals have mastered the art of deception using emotions. Attackers have become experts in influencing human behaviour. Tip A strong security culture is essential within businesses to avoid becoming a victim to a phishing attack. IT/Security teams should monitor for suspicious activity on business devices, regularly communicate the importance of complying with regulations to all staff and ensure that all software, firewalls and other security precautions are in place and regularly monitored and updated. 🔒 Problem 3 🔒 Digital Supply Chain: Ransomware attacks, Open-source software and Data breaches. A weak link in the supply chain can impact on all other businesses within it as cybercriminals exploit these vulnerabilities to infiltrate systems and infect business systems with malware. Tip Businesses should check whether their partners meet regulatory obligations such as GDPR and that they have information security standards in place such as ISO/IEC 27001. You can also download our ISO 27001 guide here: https://hubs.ly/Q02NMx2C0 #iso27001 #cybercrime #phishing #malware #data

Health and safety at work is to be taken very seriously. Looking at the Health and safety at work figures from the HSE 2023 report, NOT having an “Occupational Health and Safety” standard in place like ISO 45001 https://hubs.ly/Q02NMtp70 can not only be a threat to employee wellbeing and safety, but can also significantly impact on business performance too. Key figures for Great Britain (2023) https://hubs.ly/Q02NMkFm0 👷 1.8 million working people suffered from a work-related illness 👷🏿 875,000 of those workers suffered from work-related stress, depression or anxiety 👷🏻 473,000 workers suffered from a work-related musculoskeletal disorder 👷🏾 135 workers killed in work-related accidents 👷🏾 561,000 working people sustained an injury at work according to the Labour Force Survey 👷🏿♀️ 60,645 injuries to employees reported under RIDDOR 👷♀️ 35.2 million working days lost due to work-related illness and workplace injury 👷🏾♀️ £20.7 billion estimated cost of injuries and ill health from current working conditions (2021/22) Here are some common health and safety risks in the workplace: Slips, trips, and falls: A leading cause of non-fatal injuries at work Handling, lifting, or carrying: The second leading cause of non-fatal injuries Being struck by a moving object: The third leading cause of injury, both fatal and non-fatal Mental health: Prolonged stress can lead to depression, anxiety, and other mental health issues Noise-induced hearing loss: Exposure to excessive noise can cause deafness, tinnitus, and other hearing-related conditions Not sure where to start to improve your health and safety at work? Download our free guide and please reach out to our experts ➡️ https://hubs.ly/Q02NMtp70 #iso #iso45001 #safety #health

Ambitions for AI development are more prominent in manufacturing than in most other sectors due to its array of possible use cases. However, with widespread usage comes the necessity for supervision and accuracy checking. To best use AI solutions, observe and fact-check the process. How does your system come to its conclusion? What steps does it take to achieve its goal(s)? This is especially important for large language models (LLMs) due to the heightened potential for inaccuracies and false information caused by the non-linear process the model(s) use to generate outputs. Where does AI fit best within your business? ➡️ https://hubs.ly/Q02NMPSD0 #ai #manufacturing #iso42001

Reducing risks in business starts with careful planning, informed decisions, and a commitment to foresight, transforming potential obstacles into opportunities for resilience and success. ISO standards help identify and manage risks, which can prevent accidents and costly errors. This is particularly important in industries where safety and quality is paramount. Download our ISO standards guides here: https://hubs.ly/Q02PYj5C0 #iso #iso9001 #iso45001 #risk #riskmanagement #business #quality #safety

🩺 Celebrating World Patient Safety Day 🌍 On this #WorldPatientSafetyDay, we spotlight the crucial role that accurate and timely diagnoses play in ensuring patient safety. This year's theme, 'Improving Diagnosis for Patient Safety,' is a powerful reminder that the foundation of effective healthcare is built upon getting the diagnosis right. A misdiagnosis or delayed diagnosis can have far-reaching and sometimes devastating consequences, making this focus more critical than ever. 🔎 Did you know: - Approximately 5% of adults in outpatient settings experience a diagnostic error each year. This seemingly small percentage translates into millions of patients whose conditions might go unnoticed or incorrectly treated, leading to unnecessary suffering. -Diagnostic errors contribute to around 10% of patient deaths and up to 17% of adverse events in hospitals. These statistics highlight the often-overlooked impact of diagnostic inaccuracies, making it clear that improving diagnosis is not just beneficial—it's a matter of life and death. -An estimated 12 million people in the United States alone are affected by diagnostic errors annually. This staggering number underscores the widespread nature of the issue and the urgent need for system-wide improvements. - Improving diagnostic accuracy could potentially prevent thousands of harmful incidents and save billions in healthcare costs worldwide. The ripple effect of better diagnostics extends beyond individual patient outcomes, positively impacting the entire healthcare system. Together, we can take meaningful steps to improve diagnostic processes and reduce the risk of errors: - Enhance communication between healthcare providers and patients, ensuring that all relevant information is considered when diagnosing. - Implement advanced technologies and diagnostic tools that provide more accurate and timely insights into a patient's condition, paving the way for better decision-making. - Promote continuous education and training for medical professionals, keeping them up to date with the latest diagnostic techniques and best practices. - Foster a culture that encourages reporting and learning from diagnostic errors, transforming mistakes into opportunities for growth and improvement. This World Patient Safety Day let's commit to prioritising diagnosis. Every accurate diagnosis is not just a step towards effective treatment but a foundation for building trust, improving outcomes, and ensuring the safety and well-being of patients everywhere. Together, we can create a healthcare environment where every patient receives the right diagnosis at the right time, leading to healthier, safer lives. 🩺❤️ #PatientSafety #ImprovingDiagnosis #QualityHealthcare #WorldPatientSafetyDay

In the rapidly evolving landscape of artificial intelligence (AI), the pursuit of innovation often intersects with necessary ethical considerations. As businesses and organisations increasingly adopt AI technologies, the importance of establishing trust and transparency should not be overstated. Ethical AI practices are a moral imperative and a strategic advantage. By implementing robust AI management policies, companies can ensure transparency, fairness, and accountability, fostering trust among customers and stakeholders. What are the ethical considerations of using AI? Read our new article ➡️ https://hubs.ly/Q02LxkfD0 #AI #ISO42001 #ISO #Business #Technology

IMSM will be exhibiting at the Cumbria Business Expo on the 20th September, 2024 at Carlisle Racecourse. Our ISO specialists, Graham Webster and Justine Lawrence, will be there to greet you and answer any of your ISO questions. About the event: Cumbria Business Expo is the target exhibition for the region’s business owners, professionals, startups and marketeers, keen to connect with businesses and decision-makers from across the north of England. With over 1,250 visitors, this opportunity to showcase your business or network with potential customers, in a relaxed, fun environment, shouldn't be missed! You can register for a free visitor pass here: https://lnkd.in/ebfn2Jm7 Need to talk to an ISO consultant? Drop us a message here: https://lnkd.in/getszRd #b2b #expo #iso #business #iso27001 #iso9001 #iso42001 #iso45001 #iso14001 #iso50001 #qualitymanagement #quality Shout Expo

ISO/IEC 42001 Artificial Intelligence Management System (AIMS) is the brand new ISO Standard that IMSM can offer consultancy for. Our customers have been asking for this, so we listened, and now we are ready to go! Download our free guide ➡️ https://hubs.ly/Q02NMYtV0 🛡️ Benefits of ISO/IEC 42001 include: • A framework for managing risk and opportunities • Demonstration of responsible use of AI • Traceability, transparency and reliability • Cost savings and efficiency gains 🛡️ What business types should consider implementing ISO 42001? It doesn’t matter what size your company is, if you are involved in developing, providing, or using AI-based products or services, AIMS is for you. The standard is applicable across all industries and relevant for the public sector as well as companies or non-profits. Read more about ISO 42001 on our website ➡️ https://hubs.ly/Q02NM_xy0 Speak to our ISO 42001 specialists right now to discuss this standard further ➡️ https://hubs.ly/Q02NM_tN0 #ISO42001 #AI #AIMS #ArtificialIntelligence

Pollution, adverse outcomes of AI technologies and natural resource shortages are just some of the severe global risks anticipated over the next 10 years according to global risk reports. But what about in the short term? #poll #riskmanagement #isostandards #iso #business