AI is rapidly transforming industries and businesses, presenting tremendous opportunities for growth and innovation. However, the field of AI safety still remains relatively immature, posing enormous risks for
OpenAI, the renowned artificial intelligence lab behind the popular ChatGPT, has recently unveiled its groundbreaking “Preparedness Framework.” This framework comprises a set of processes and tools aimed at
The rapidly evolving field of artificial intelligence (AI) brings with it immense potential, as well as concerns about its possible unintended consequences. To address these concerns, a new
The Bank of England (BoE) has initiated a comprehensive review of artificial intelligence (AI) and machine learning (ML), aiming to address potential financial stability risks associated with their
Risk management is a critical aspect of running a successful business, as it helps protect companies against potentially detrimental events. The findings of Aon’s Global Risk Management survey,
In today’s technology-driven world, computer system validation has become increasingly important. It is the process of verifying and documenting that a computer system meets predefined requirements and performs
The financial services industry is at the forefront of adopting artificial intelligence (AI) technologies, with generative AI emerging as a new horizon. This article explores the current state
The Monetary Authority of Singapore (MAS) has partnered with leading banks and tech firms to develop a comprehensive generative artificial intelligence (AI) risk framework. Through their initiative, Project
The exponential growth and undeniable success of cloud computing have revolutionized the way businesses operate and manage their IT infrastructure. However, along with its advantages, cloud services also
Artificial Intelligence (AI) has revolutionized various aspects of our lives, offering immense potential for growth and progress. However, this rapid advancement also raises the need for responsible and
Artificial intelligence generated by generative models, commonly known as GenAI, is rapidly reshaping industries and becoming a crucial technological force of the decade. However, with great power comes
In today’s interconnected world, the threat of cyber risks looms larger than ever before. Recognizing the need for comprehensive guidance on protecting organizations from cyber threats, the International
