The use of artificial intelligence (AI) has recently exploded and now impacts all aspects of society. AI is quickly changing how we do business, analyze data and strategically plan.
SEC’s Cybersecurity Unit to Focus on ‘AI Washing’
The SEC recently created the Cybersecurity & Emerging Technologies Unit, which is responsible for rooting out fraud schemes related to AI, including fake social media sites, and blockchain and crypto fraud. As a result, SEC whistleblowers will have an opportunity to play a key role in providing the SEC original information leading to investigations and prosecutions of AI cases, commonly known as “AI washing.”
By
David Chase and Scott Silver
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