The Importance of Data Privacy and Security in the Age of AI
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Artificial intelligence (AI) and the analysis of data have become crucial for organizations to enhance customer experience, improve service delivery, and increase revenue and operational efficiency. However, the use of data and AI also brings risks that boards and CEOs must take seriously .
Data, which includes text, images, sounds, software, and databases, is a valuable asset that organizations collect, process, and control. AI, on the other hand, refers to machine-based systems that can make predictions, recommendations, or decisions to influence real or virtual environments .
Despite the opportunities and risks associated with data and AI, many boards do not fully understand or appreciate the importance of data management. Data-related issues are often delegated to the technology offi...
#newstr #DataPrivacy #DataSecurity #ArtificialIntelligence #Boards #Ceos