Artificial intelligence (AI) technology is a powerful asset in business, allowing machines to think for themselves – and at a faster pace than ever before. But AI systems can pose cybersecurity challenges, which can cause operational, financial, health and safety, and reputational damage.
BDO Lixar, which is BDO Canada’s national technology consulting business arm, helps organizations recognize and manage such risks. Partners Rocco Galletto, head of cybersecurity, and Daryl Senick, who is responsible for data and AI, as head of financial services, talk about the potential vulnerabilities of AI and what can be done to make these systems safe and secure.
How much is AI used in business systems, in what sectors and why?
DS: AI is no longer an emerging technology; it has truly become mainstream, whether it’s for cost and inventory optimization or the analysis of consumer sentiment and behavior. It’s used in contexts from manufacturing, for “shop-floor-to-top-floor” automation, to financial services, where it’s used to rate risk in credit and insurance products. Organizations that don’t leverage AI could lose their competitive edge.
Continue reading: https://www.theglobeandmail.com/business/adv/article-artificial-intelligence-and-cybersecurity-risks-take-steps-to-address/
BDO Lixar, which is BDO Canada’s national technology consulting business arm, helps organizations recognize and manage such risks. Partners Rocco Galletto, head of cybersecurity, and Daryl Senick, who is responsible for data and AI, as head of financial services, talk about the potential vulnerabilities of AI and what can be done to make these systems safe and secure.
How much is AI used in business systems, in what sectors and why?
DS: AI is no longer an emerging technology; it has truly become mainstream, whether it’s for cost and inventory optimization or the analysis of consumer sentiment and behavior. It’s used in contexts from manufacturing, for “shop-floor-to-top-floor” automation, to financial services, where it’s used to rate risk in credit and insurance products. Organizations that don’t leverage AI could lose their competitive edge.
Continue reading: https://www.theglobeandmail.com/business/adv/article-artificial-intelligence-and-cybersecurity-risks-take-steps-to-address/
