“AI & the Board: 6 Areas that Directors Must Consider” from The DCRO Risk Governance Institute covers the gamut of issues boards should consider with regard to the company’s use of AI with insights from seasoned experts in innovation, ethics, AI governance, cybersecurity, and other relevant areas. In addition to risks and strategic opportunities generally, the experts address, in a conversational fashion, reputational and operational risk, risk appetite, legal and regulatory compliance, alignment with company values and ethics, data management, board education/ training, cybersecurity and data privacy, and more. Thank you to Extraordinary Women on Boards (EWOB) co-founder Lisa Shalett for flagging this article for EWOB members.
The IIA’s most recent Tone at the Top newsletter provides an overview of key risks associated with the use of AI; recommendations for internal audit involvement to facilitate internal AI governance; and suggested topical questions for directors to foster an appropriate level of board oversight.