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Risk Management for AI Chatbots

O'Reilly on Data

Doing so means giving the general public a freeform text box for interacting with your AI model. 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. Why not take the extra time to test for problems?

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AI brings complexity to cybersecurity and fraud

CIO Business Intelligence

The 2024 Security Priorities study shows that for 72% of IT and security decision makers, their roles have expanded to accommodate new challenges, with Risk management, Securing AI-enabled technology and emerging technologies being added to their plate.

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5 top business use cases for AI agents

CIO Business Intelligence

Meanwhile, in December, OpenAIs new O3 model, an agentic model not yet available to the public, scored 72% on the same test. Mitre has also tested dozens of commercial AI models in a secure Mitre-managed cloud environment with AWS Bedrock. For us, agents are essential to interacting with our data, he says.

Software 143
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Managing machine learning in the enterprise: Lessons from banking and health care

O'Reilly on Data

In recent posts, we described requisite foundational technologies needed to sustain machine learning practices within organizations, and specialized tools for model development, model governance, and model operations/testing/monitoring. Note that the emphasis of SR 11-7 is on risk management.). Sources of model risk.

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Manage the Demand of Stress Testing in Financial Services

Cloudera

Risk management is a highly dynamic discipline these days. Stress testing is a particular area that has become even more important throughout the pandemic. Similarly, the European Central Bank is issuing stress testing requirements related to climate risk given the potential economic shifts related to addressing climate change.

Testing 95
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PODCAST: Making AI Real – Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower

bridgei2i

Episode 2: AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. AI enabled Risk Management for FS powered by BRIDGEi2i Watchtower. Today the Chief Risk Officers(CROs) struggle with the critical task of monitoring and assessing key risks in real time and firefight to mitigate any critical issues that arise.

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Operational resilience delivered: BMC Helix helps financial institutions meet compliance

CIO Business Intelligence

These regulations mandate strong risk management and incident response frameworks to safeguard financial operations against escalating technological threats. DORA mandates explicit compliance measures, including resilience testing, incident reporting, and third-party risk management, with non-compliance resulting in severe penalties.