Excella’s Post

If you have not had a chance to check out the new certification course focused on Artificial Intelligence (AI) governance, we highly encourage you to do so! Our VP of Product Strategy and Evangelism, Meghan Maneval, has partnered with ISACA to author this course that covers the basics through more advanced AI concepts. This collaboration highlights our dedication to leading the future of Governance, Risk, and Compliance (GRC). Learn more about how RiskOptics and ISACA are shaping the future of AI governance and leading the charge towards a more secure digital world! https://lnkd.in/gartnjeD

Excellent course on Algorithmic, AI and Machine Learning Auditing.  Just finished the course “Algorithmic Auditing and Continuous Monitoring” by Brandie Nonnecke! Check it out: https://lnkd.in/djvPt2Tk #continuousmonitoring.

Do you understand the nuances of AI development and its implications for risk managers? Risk managers can partner effectively with other stakeholders to create comprehensive AI governance. Learn to ask the right questions, identify key risk factors, and contribute meaningfully to AI strategy discussions. Read the full post here: https://hubs.ly/Q02HN_5f0 #AIModelRisk #AIGovernance

Artificial Intelligence is transforming the boardroom. Are Directors prepared? The boards that will thrive are those that can effectively evaluate AI opportunities, emphasize the strategic role of Directors in AI governance, and adapt their practices to AI's complexities. Strategic planning, ethical considerations, risk management, and transparency are crucial to ensuring successful and ethical AI adoption. Join me Wednesday for the webinar "AI on Board: Steering the Future of Governance. Guiding Boardroom Principles for the AI Revolution. " I share powerful insights needed for effective governance in the AI revolution. Don't miss this opportunity to stay ahead in the rapidly evolving landscape of AI governance. Join our webinar Wednesday, May 22 at 2pm ET. https://lnkd.in/gwTxzFTP

🌐 Artificial Intelligence Risk Management Framework (AI RMF): Generative AI Profile 🌐 developed by the National Institute of Standards and Technology (NIST), is a structured approach designed to address the risks associated with Artificial Intelligence (AI) systems. The framework helps organizations identify, assess, and manage potential risks with respect to Generative AI. Reference: https://lnkd.in/gwa3h-Dv

Is your company audit-ready for the Artificial Intelligence (AI) era?🔍 Here's a sneak peak. As AI reshapes business landscapes, internal audit teams are stepping up their game! 💼 Here's what's on their radar: ✅ Decoding organisational AI strategies ✅ Evaluating AI governance frameworks ✅ Assessing risk management approaches Why? To ensure your company's AI initiatives are: 🛡️ Secure ⚖️ Compliant 🎯 Aligned with business goals Key focus areas: 📊 AI policies 📏 Standards 📝 Guidelines Is your organisation audit-ready for the AI era? 🤔 What are your thoughts on AI governance in your industry? Share in the comments below! 👇 #AIGovernance #InternalAudit #RiskManagement #ArtificialIntelligence #BusinessStrategy

This document is a cross-sectoral profile of and companion resource for the AI Risk Management Framework (AI RMF 1.0) for Generative AI, pursuant to President Biden's Executive Order (EO) 14110 on Safe, Secure, and Trustworthy Artificial Intelligence. The AI RMF was released in January 2023, and is intended for voluntary use and to improve the ability of organizations to incorporate trustworthiness considerations into the design, development, use, and evaluation of AI products, services, and systems. https://lnkd.in/e2-KDqmr.

From automating workflows to enhancing decision-making and driving efficiency, new technologies like generative AI are reshaping the business landscape. Internal audit functions are increasingly adopting AI as a strategic tool, emphasizing the importance of transparency and accountability for effective risk management. Internal Audit Foundation and AuditBoard have collaborated on a new report focusing on practical applications of generative AI in internal audit functions. Global practitioners share insights on leveraging new technologies, showcasing four impactful use cases where AI has been successfully integrated into audit teams. Download your copy today to explore these innovative approaches. #TheIIA #AI #GenAI https://lnkd.in/eHte7Txi

Discover how your organization can promote innovation, mitigate AI risks, and implement best practices through Guidehouse Technology Solutions's comprehensive AI strategy.

💡 𝐓𝐡𝐞 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐢𝐯𝐞 𝐀𝐈 𝐢𝐧 𝐄𝐧𝐭𝐞𝐫𝐩𝐫𝐢𝐬𝐞 2024: 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐑𝐢𝐬𝐤𝐬   🌐 Generative AI is becoming one of the most leading discussions in the realm of corporate AI adoption. Responsively, Deloitte published its State of Generative AI in the Enterprise Q1 report, highlighting 2024’s forthcoming.    📝 One of the most striking analyses revolves around Generative AI’s implementation risks, with companies being queried: “What is your organization doing to actively manage the risks around your generative AI implementations?”    📊 In our graphic below, several of the top practices were outlined. Markedly, each best practice was below 50% - signaling the strong need for over half of firms to implement risk management strategies, governance frameworks, and audits.    🇪🇺 Moreover, this fact becomes even further pressing as the EU AI Act approaches and technical needs become overwhelming for validation teams in all sectors.   🔎 Still searching for the right solution to tackle your AI risk management and diminish the administrative effort of AI validations? Schedule a demo with us today 👉 https://lnkd.in/ewCMewtj #ai #artificialintelligence #airisks #genai #riskmanagement #riskassessment #euaiact #validation #trustworthyai #responsibleai #ethicalai #safeai