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Risk Management for AI Chatbots

O'Reilly on Data

Welcome to your company’s new AI risk management nightmare. Before you give up on your dreams of releasing an AI chatbot, remember: no risk, no reward. The core idea of risk management is that you don’t win by saying “no” to everything. So, what do you do? I’ll share some ideas for mitigation.

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CIOs must reassess cloud concentration risk post-CrowdStrike

CIO Business Intelligence

It also highlights the downsides of concentration risk. What is concentration risk? Looking to the future, IT leaders must bring stronger focus on “concentration risk”and how these supply chain risks can be better managed. Unfortunately, the complexity of multiple vendors can lead to incidents and new risks.

Risk 144
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Close Brothers unlocks RPA with Document Understanding

CIO Business Intelligence

But Stephen Durnin, the company’s head of operational excellence and automation, says the 2020 Covid-19 pandemic thrust automation around unstructured input, like email and documents, into the spotlight. “We This was exacerbated by errors or missing information in documents provided by customers, leading to additional work downstream. “We

Finance 118
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Document Security is More than Just Password-Protection

CIO Business Intelligence

Thirty years ago, Adobe created the Portable Document Format (PDF) to facilitate sharing documents across different software applications while maintaining text and image formatting. Today, PDF is considered the de facto industry standard for documents that contain critical and sensitive business information.

Software 126
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5 Benefits intelligent document processing brings to content management

CIO Business Intelligence

As explained in a previous post , with the advent of AI-based tools and intelligent document processing (IDP) systems, ECM tools can now go further by automating many processes that were once completely manual. That relieves users from having to fill out such fields themselves to classify documents, which they often don’t do well, if at all.

Insurance 116
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AI agents will transform business processes — and magnify risks

CIO Business Intelligence

Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” When it comes to security, though, agentic AI is a double-edged sword with too many risks to count, he says. “We That means the projects are evaluated for the amount of risk they involve.

Risk 136
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6 business risks of shortchanging AI ethics and governance

CIO Business Intelligence

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145