How to harness artificial intelligence’s power responsibly: safeguarding your business while using AI to enhance efficiency, manage risks, and ensure compliance.
About this eBook
Artificial intelligence (AI) is rapidly transforming industries by enhancing efficiency, driving innovation, and improving decision-making processes. However, with these opportunities come significant challenges. The rise of AI introduces new risks, including data privacy concerns, potential bias in AI outputs, and vulnerabilities in security frameworks.
As AI becomes an integral part of business operations, particularly in risk management, it’s critical for organisations to adopt a balanced approach to harnessing its power responsibly. This eBook offers a comprehensive guide to navigating the complexities of AI risk, provides businesses with the insights to maximise the potential of AI while safeguarding against its risks.
Key benefits
- Learn how AI improves efficiency in risk management processes
- Understand the AI-related risks from vendors and how to mitigate them
- Explore the US Treasury's AI risk management recommendations
- Learn about model risk management (MRM) and its importance in governing AI
- Access a practical AI project checklist for ensuring responsible AI use
Who should read it
- Risk managers looking to integrate AI into their workflows
- Compliance officers seeking guidance on AI-related risks
- IT managers overseeing AI implementations
- Business leaders aiming to use AI ethically while managing risks
Bringing it together with Protecht ERM
Protecht ERM provides a comprehensive platform to help organisations manage AI-related risks by integrating AI risk management into their broader risk frameworks. With Protecht ERM, businesses can monitor and assess the risks associated with AI systems, ensuring they meet compliance and governance requirements. Through real-time reporting, risk assessments, and continuous monitoring, Protecht ERM empowers organisations to mitigate potential AI threats, enhance decision-making, and maintain a secure, risk-aware environment as they adopt AI technologies.
