Compliance and AI

What is the intersection of AI and compliance? What about Machine Learning? Are you using ChatGPT? These questions are just three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. Today, Tom visits with Yakir Golan, CEO & Co-Founder at Kovrr, who shares his professional journey from the Israeli intelligence community to his current role at Kovrr.

They discuss Kovrr’s business, focusing on Cyber Risk Quantification (CRQ) and recent developments in AI risk governance. Yakir explains the evolution of AI’s impact on business workflows and the risks posed by generative AI, including ‘insider AI scenarios.’ He emphasizes the importance of a proactive approach to managing AI risks and of using financial models to report them to executives. The conversation also touches on balancing innovation with global regulatory requirements and the need for robust governance frameworks. Yakir underscores the importance of ongoing risk assessments, sound analytics, and communication strategies to enable compliance officers and corporate leaders to manage AI and cyber risks effectively.

Key highlights:

Impact of AI on Cyber Risk

Insider AI Scenarios and Risks

Proactive AI Risk Management

Compliance Beyond Regulations

Future of AI and Compliance

Resources:

Yakir Golan on LinkedIn

Kovrr

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What is the intersection of AI and compliance? What about Machine Learning? Are you using ChatGPT? These questions are just three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. Today, Tom looks at AI and governance with 3 guests: Bill Sanders, Olivia Storelli, and Andrew Stevens.

Bill Sanders, Olivia Storelli, and Andrew Stevens are leading voices in the discourse on AI governance and guardrails, each bringing a unique perspective. Bill, a leader in brand management and consulting, views AI governance as essential for leveraging AI's potential, emphasizing the need for decentralized decision-making and strategic oversight to ensure safety and strategic foresight. Olivia, CEO of Sakura Sky, underscores the importance of aligning strategy with practical technology execution, advocating for governance as a means to achieve rapid value while maintaining safety and innovation. Andrew, an expert in cloud technology, highlights the need for governance to manage AI's risks and liabilities, calling for executive leadership to define permissible data use and decision-making to foster a robust, accountable AI implementation. Together, they stress the importance of clear guidelines, organizational readiness, and leadership involvement in navigating the complexities of AI adoption and ensuring its safe and effective integration into business operations.

Key highlights:

AI governance is crucial for safe and efficient deployment of artificial intelligence systems in organizations.

Collaboration and a mindset shift towards compliance professionals as enablers are essential for safe AI adoption.

AI compliance impacts trust, fairness, and security within organizations.

Leadership, accountability, and culture are key to success in AI projects.

A phased approach with executive sponsorship is crucial for implementing the AI roadmap.

Resources:

Download the AI Executive Whitepaper:

Text the word PLAYBOOK to 415.960.1161. 

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Visit https://whitepaper.download/

Websites

https://roeblingstrauss.com/

https://www.sakurasky.com/

• LinkedIn 

LinkedIn: Bill Sanders

LinkedIn: Olivia Storelli

LinkedIn: Andrew Stevens

Books


From Hierarchy to High Performance by Bill L. Sanders


Hot or Hype is a podcast hosted by Olivia Storelli and Andrew Stevens

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What is the intersection of AI and compliance? What about Machine Learning? Are you using ChatGPT? These questions are just three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. Today, the Everything Compliance gang, led by Dr. Hemma Lomax, is considering how to navigate the challenges and opportunities of agentic AI in compliance.

In this episode, we explore the rapidly evolving landscape of Agentic AI and its implications for compliance professionals. Agentic AI, defined as AI that acts autonomously rather than just responding to prompts, presents both significant opportunities and challenges. The technology can optimize risk management and compliance workflows, but it also introduces complexities around accountability, transparency, and oversight. We discuss recent real-world examples of Agentic AI in use, such as in banks and tax agencies, and highlight potential risks, including autonomous collusion and AI agents making unethical decisions. The episode emphasizes the need for compliance teams to shift from monitoring human activities to overseeing intelligent systems, ensuring the establishment of proper guardrails. We also delve into new roles emerging in this landscape, such as AI ethics coaches and agent supervisors, and the importance of human intervention to verify AI decisions. Join the discussion to understand how to navigate this transformative technology responsibly and effectively.

Key highlights:

Defining Agent AI

Implications for Compliance and Ethics

Challenges and Risks of Agent AI

Real-Time Compliance and Risk Management

Human Oversight and AI Governance

Resources:

Tom Fox

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What is the intersection of AI and compliance? What about Machine Learning? Are you using ChatGPT? These questions are just three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. Today, Tom looks at the current Intersection of AI and Compliance with Steph Holmes, a long-time friend and Director, Ethics and Compliance Strategy at the EQS Group.

They discuss the evolving role of AI in corporate compliance, emphasizing its key role in modernizing compliance programs. Steph elaborates on the importance of evidence-based assessments of AI capabilities, the impact of AI on operational efficiency, and the need for human oversight in AI processes. She highlights EQS's comprehensive AI performance test, which evaluated various AI models against multiple compliance tasks. The discussion also covers practical steps for compliance professionals to begin their AI adoption journey, as well as the necessity of continuous monitoring and risk-based evaluation to ensure effective AI deployment.

Key highlights:

Steph Holmes’ Role at EQS Group

AI in Compliance: Current Landscape

AI Performance Test Report

The Messy Middle of Compliance and AI

Human Oversight in AI Implementation

Resources:

Steph Holmes on LinkedIn

EQS Group LinkedIn

Where in the Loop: Corporate Compliance Insights

EQS Website

EQS Benchmark Report: AI Performance in Compliance & Ethics

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What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These questions are just three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. Vince Walden, founder and CEO of KonaAI and Dr. Hemma Lomax, Head of Business Integrity at Docusign discuss the evolving landscape of compliance and the increasing role of AI and automation.

They highlight the need to modernize due diligence processes, reducing large, repetitive tasks down to streamlined operations using AI. A key focus is the innovative use of AI agents proposed by Hemma, likening them to digital employees, with personalized job descriptions and onboarding plans aimed at enhancing efficiency and unleashing human talent. Vince shares practical examples of how AI can transform compliance functions by leveraging data insights from various sources like investigations, third-party risks, and employee surveys. The episode encourages compliance professionals to dream big about the future, embrace AI-driven innovation, and crowdsource intelligence to bridge the gap towards more efficient and intelligent compliance practices.

Key highlights:

Introduction to Modern Due Diligence

The Role of AI in Compliance

Creating and Managing AI Agents

Empowering Teams with AI

Real-World Applications and Examples

Resources:

konaAI

Vince Walden on LinkedIn

Dr. Hemma Lomax on LinkedIn

Tom Fox

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