3.AI governance:A Gartner survey found that 40% of organisations had an AI privacy breach and that, of those breaches, only one in four was malicious. Whether organisations process personal data through an AI-based module integrated into a vendor offering, or a discrete platform managed by an in-house data science team, the risks to privacy and potential misuse of personal data are clear.
“Much of the AI running across organisations today is built into larger solutions, with little oversight available to assess the impact to privacy,” noted Mr Henein. “These embedded AI capabilities are used to track employee behaviour, assess consumer sentiment and build ‘smart’ products that learn on the go.
“Furthermore, the data being fed into these learning models today will have an influence on decisions being made years down the line. Once AI regulation becomes more established, it will be nearly impossible to untangle toxic data ingested in the absence of an AI governance programme. IT leaders will be left having to rip out systems wholesale, at great expense to their organisations and to their standing.”