Category: Risk Management
If AI Goes Wrong, It Can Go Quite Wrong: Understanding the Risks of AI: Biases, Black Boxes, and Unintended Consequences
Artificial intelligence has transformed many industries, but it also comes with risks. If AI goes wrong, it can perpetuate bias, make decisions that are difficult to interpret, be vulnerable to attacks, and have unintended consequences. In this article, we explore the potential risks and consequences of AI, as well as ways to mitigate these risks…
Effective Exposure Management for Regulatory Reporting: Overcoming Resource Limitations
Exposure management is a crucial aspect of regulatory reporting, helping organizations understand and manage their risks. However, it can be a challenging task, especially for smaller organizations with limited resources. Learn about best practices for effective exposure management and overcoming resource limitations, including data management strategies, standardization, and regular process review.