Artificial Intelligence (AI) offers immense potential for more automation, higher operational effectiveness, personnel development, and overall greater business growth. However, it also comes with new challenges and limitations that need to be addressed.
This white paper examines how AI is currently being used across organizations and different business functions, the current regulatory landscape, and the risks posed by AI on organizations.
After a brief examination of the current AI environment, the paper focuses on how organizations can securely and more effectively leverage AI to benefit their business through the adoption of an AI Governance Framework. The framework addresses multiple governance areas, including strategy, documentation, risk, third- party management, compliance, data security, and assurance.
To support organizations in developing the proposed framework, Liquid C2 offers support through multiple lenses, including assistance in various governance areas such as risk and policy development, among others.
