As artificial intelligence (AI) becomes deeply integrated into business operations, its influence on governance, risk, and compliance (GRC) systems is profound. While AI can streamline processes, improve efficiency, and strengthen security, it also introduces new challenges-especially around transparency, ethical responsibility, and evolving regulations.
This interview features Aayush Ghosh Choudhury to discuss the critical role of AI in modern security practices. Aayush, as the CEO brings valuable insights and expertise to the conversation. Excerpts:
Why is clear accountability needed while working with AI systems? Moreover, what challenges do organizations face while establishing accountability?
At Scrut Automation, we understand the transformative potential of AI in enhancing governance and compliance processes, resulting in better outcomes. However, organizations frequently face several challenges in establishing accountability while integrating AI into their business operations.
One major issue is the lack of transparency, often referred to as the "black box" problem. Many AI systems, particularly those based on machine learning, function in a way that obscures their decision-making processes.
Additionally, organizations must navigate the constantly evolving landscape of AI regulations, which lack standardization across different jurisdictions. There are also ethical considerations and risks of bias; AI outputs can inadvertently reinforce biases present in their training data, potentially resulting in unfair outcomes that can damage customer trust and reputation.
Furthermore, the sensitive data managed by AI systems poses significant privacy and security risks, making compliance with regulations such as GDPR and CCPA challenging. Organizations must carefully balance their data requirements with the potential for privacy violations.
This story is from the October 2024 edition of DataQuest.
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This story is from the October 2024 edition of DataQuest.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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