Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Best Practices for AI Compliance and Security
Creating new forms of artificial intelligence may be a great leap forward, but controlling them can be a stumbling block for businesses and government agencies alike.
As businesses deploy AI more rapidly and consistently, governments have done what they can to keep a handle on it. The EU AI Act generated headlines and increased interest in regulations surrounding this new technology, but it is not the only legislation that proposes a framework for AI governance. The U.S.’s First AI Executive Order seeks to do the same — and in the U.S. alone, 45 states have introduced AI-related bills.
AI governance has evolved, and the world is constantly finding new ways to leverage its accelerated timeline.
Meanwhile, businesses are working to navigate AI responsibly, driven by legal compliance and concerns over potential misuse. Mismanaged AI could jeopardize critical systems and erode customer trust, underscoring the need for thoughtful implementation and oversight.
They are wise to worry. However, the most forward-thinking companies embrace AI with complete confidence because they have created governance programs that serve as guardrails for this incredible new technology. Effective governance ensures AI consistently aligns with an organization’s best interests, safeguarding against potential risks while unlocking its full potential.
The Governance Basics
AI governance should be dynamic and scale alongside AI deployment. Organizations must budget for continuous monitoring, invest in ongoing training, and evolve their governance frameworks to address new risks.Staying ahead of threats requires a flexible, proactive approach, mitigating risks in a constantly shifting landscape.
For this reason, transparency in AI isn’t just a box to check off — it’s a business imperative. AI models must justify their decisions clearly, especially in mission-critical use cases. This ensures trust with stakeholders and safeguards against unintentional biases.
In the years ahead, we can expect a heightened focus on business resilience, transparency, and sustainability, all driven by AI and related technologies. As organizations adopt and roll out AI more widely, governance frameworks will be expected to evolve and prioritize ethical use, regulatory compliance, and risk mitigation.
Continuous investment in these areas will define success as AI continues scaling into new uses.
From a governance standpoint, risk management is increasingly intertwined with corporate AI strategies, especially in highly regulated industries like finance, healthcare, and the law. Advanced risk assessment tools will be critical in navigating this landscape, as they will ensure AI systems don’t just work but are ethically sound.
The key to getting it right will be to adopt governance strategies that blend rapid innovation with rigorous oversight, keeping the organization in front of regulatory requirements while maintaining airtight trust and accountability.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Transfer Tax Implications on Real Property Leases
The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.