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6 business risks of shortchanging AI ethics and governance

CIO Business Intelligence

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145
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SAP pays multi-million fine for bribery

CIO Business Intelligence

From December 2014 to January 2022, SAP employed external intermediaries and consultants in these countries who paid bribes to government officials. Corruption in seven countries According to the US investigators, bribery practices were involved in South Africa, Malawi, Kenya, Tanzania, Ghana, Indonesia and Azerbaijan.

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The Java migration imperative: Why your business should upgrade now

CIO Business Intelligence

However, to truly take advantage of modern Java, apps built for the ecosystem must be constantly maintained to maximize performance and minimize exposure to risks and security vulnerabilities. Generally, as vulnerabilities are identified in any software or programming languages, patches are issued to plug the hole and mitigate risk.

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Rising Tide Rents and Robber Baron Rents

O'Reilly on Data

But in 2013 and 2014, it remained stuck at 83% , and while in the ten years since, it has reached 95% , it had become clear that the easy money that came from acquiring more users was ending. Yet many of the most pressing risks are economic , embedded in the financial aims of the companies that control and manage AI systems and services.

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Developments in AI and IMF Positions Can Make Bitcoin Legally Tender

Smart Data Collective

In March 2014, the IMF held a meeting with central bankers and financial regulators from over 25 countries to discuss the implications of Bitcoin. In July 2014, the IMF itself recognized Bitcoin as a “convertible virtual currency.” Experts can also use AI technology to mitigate security risks with bitcoin.

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Protecting Your Supply Chain with Data-Aware Security

CIO Business Intelligence

One need only look at the infamous Target breach of 2014 , which exposed the data of nearly 110 million individuals due to a backdoor that a contractor inadvertently created, to realize that an organization is only as secure as the weakest link in its supply chain. Manage the risk. The bottom line?

Risk 105
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Deloitte Australia joins identity security leaders at Ping Identity’s Ping YOUniverse Sydney

CIO Business Intelligence

Ping already has a global alliance with Deloitte, and the extension of the partnership into Australia means Ping will be able to use Deloitte Australia’s expertise in helping businesses assess and mitigate risk, while Deloitte will benefit from priority access to Ping’s resources and support engineers.

Risk 98