Berkeley Research Group’s Post

According to Insight CDO Carmen Taglienti, #GenAI can be applied to reinforce and facilitate security best practices across the business — from updating compliance policies to creating standard operating procedures. Read this article to learn more.

Discover the latest insights from our CIO Joseph Yew's interview with Insurance Asia as he delved into the transformative role of AI, particularly GPT-based models, in reshaping the insurance landscape in the Asia Pacific region. Joseph explored the challenges and opportunities reshaping claims processing and underwriting, alongside innovative strategies traditional insurers are adopting, including strategic partnerships with insurtech firms, to overcome legacy system hurdles and create new customer offerings. He also talked about how leveraging technology can help revolutionise customer experiences while addressing critical concerns such as data privacy, cybersecurity, and even climate change.   Visit our website for an in-depth read and follow us on LinkedIn for regular updates and more industry insights.   #InsuranceInnovation #Insurtech #AI #FutureofInsurance

Catch the entire conversation on Understanding, scaling and automating Data Protection Assessments, hosted by privacy experts Greg Szewczyk and Priya Keshav.    Click the link to watch the webinar on demand. https://lnkd.in/dVb_Fn4E   Don't miss our upcoming webinar on Colorado's AI Act and it's impact, taking place on Wednesday, 26th June. Register for the event through the link below https://lnkd.in/gak-_4Af   #DataPrivacy #Compliance #InfoSec #LegalTech #DataProtection #Automation #RiskManagement #AIGovernance #AI #ArtificialIntelligence

The KPMG Belgium approach to Trusted AI is built on principles of fairness, transparency, explainability, accountability, data integrity, reliability, security, safety, privacy, and sustainability. These ten pillars guide us in developing #AI solutions that not only drive business growth but also respect individual rights and contribute to a sustainable future. ➡️ Read more about it @ https://lnkd.in/eCM3yBpp 🖐️ Your contact at KPMG Belgium : Bart Van Rompaye, Head of Artificial Intelligence #EthicalAI #ResponsibleAI #AIEthics

With all this talk about the recently passed EU AI Act, what does it actually mean from a business perspective? To begin with, it lays out four different risk categories: - High - Minimal - Unacceptable - Specific transparency Within 6 months of enforcement of the Act, when unacceptably risky AI systems will be legally banned. And at 24 months, the entire AI Act will be in force. High risk use cases include those related to: - Critical infrastructure applications, e.g. water, gas and electricity - Educational institution admission - Biometric identification - Justice administration - Sentiment analysis - Medical devices - Border control The AI Act will require that such systems comply with a range of requirements to mitigate the risk, including those related to: - High quality data sets - Logging and auditing - Human oversight - High accuracy - Cybersecurity Forecasted fines for non-compliance are steep: - €35 million or 7% (whichever is greatest) of global annual revenue for prohibited AI application use. - €7.5 million or 1.5% of revenue for supplying incorrect information. - €15 million or 3% of revenue for violations of other obligations. How are you building these new requirements into your risk management program?💡

Who in your team uses AI? In 2024, this question is likely to bring up a long list of names. AI is just one of the many forces driving regulatory changes. Discover the challenges you could face in the near future, from new state regulations, updated NIST frameworks, and other compliance requirements. Read here 🔗: https://bit.ly/3WMgTCk #AI #GRC #security #NIST #regulations #compliance

🌐 Transforming Email Safety with AI: Discover how mxHERO is utilizing advanced AI technologies to secure email communications, ensuring the integrity and confidentiality of corporate data. Explore their innovative solutions and the astounding potential benefits for security, governance, and productivity. #EmailProtection #CorporateSecurity https://buff.ly/47jPg5L

Join me on April 17-18 for the A-LIGN virtual event - TrustMasters Summit! We will be covering industry trends, like AI, and how your business can strengthen its compliance program. #TrustMastersSummit #compliance #AI #qualitycompliance #virtualevent

Is AI replacing humans in deal due diligence? Yes—and no. It seems more dealmakers are turning to artificial intelligence for efficiency, but these tools come with new risks. Amy Worley, JD, CIPP-US, CIPP-E, CIPM, CHPSE, CISSP and Richard Finkelman explain what this could mean in BRG’s M&A Disputes Report 2024—available now—which investigates how AI is shaping deals and the dealmaking process itself. Read the report here >>>> https://lnkd.in/genWwNSP #brgmadisputes #mergersandacquisitions #disputes 

AI is not replacing humans as much as it is augmenting and helping human decision-making, at least for now in M&A. I wonder what will happen when the use of AI in M&A leads to litigation or investigations when deals go bad later. Will it be held against deal makers later when they did not use AI's advice or when they did? #aibusiness #aifinance #aidisputes