As companies adopt the power of generative AI, risk management becomes pivotal. Compliance officers must mitigate risks by creating anti-fraud policies, enabling privacy compliance, and generating AI disclosures. With their cross-enterprise risk-aware teams, they can assure successful generative AI adoption.
OpenAI is investing $1m in cybersecurity start-ups with its new Cybersecurity Grant Program. Using AI to develop cyber defense mechanisms and create a collaborative network, this initiative offers cutting-edge tools to defenders. The grants provide maximal public benefit through defensive cybersecurity AI applications. Offensive security projects are not considered.
Walmart, Amazon, and Microsoft have warned employees about sharing corporate secrets using AI tools. CISOs introduced AI policies to mitigate potential security issues. Mauser Packaging's CISO, Ed Harris, emphasized concerns at the Identiverse conference that if an AI tool remembers sensitive information entered by an employee, it may share it with others, including competitors. Usage parameters need to be established, and AI policies will vary based on a company's needs and may include guidelines to avoid sharing specific information.
A Telangana State Public Service Commission paper leak scandal involves an engineer alleged to have used artificial intelligence platform ChatGPT to cheat the system, sparking concerns over potential misuse.
AI tools can be helpful but New York lawyers warn of risks. ChatGPT was used to create false court cases, highlighting the need for caution and regulation. #AIinLaw #LegalIndustry
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?