Accounting irregularities with ILearningEngines send its shares down more than 50% following claims of artificial partners and artificial revenues. iLearningEngines claims its Indian market has an annual revenue run rate of $216 million. The financials for its sole Indian subsidiary…
I don’t think anyone would say that AI doesn’t have its uses. But history shows the tech investment battlefield is littered with the fragments of burst tech bubbles, NFTs, blockchain, big data and to some degree even cyber. It should…
If you’re going to do anything today listen to the enclosed excellent PodCast with our partner and friend Faisal Khan and The Startup Sensations Podcast discussing the role of Corporate Governance in startups. Faisal is the Chair of the Southern…
Auditors be aware. The SEC has approved 2 PCAOB proposals updating audit standards regarding general responsibilities of the auditor and use of technology-assisted analysis in conducting an audit. Also approving a proposal amending ethics rules governing the liability of an…
Apologies a little late. This post focuses on remarks made by the SEC director of enforcement Gurbir Grewal back in April 2024, that are pertinent to the role of the Chief Compliance Officer(CCO), Chief Information Security Officer (CISO) the management…
How the AI bubble is starting to deflate, as Ai stock fall over the last month affecting tech companies of all shapes and sizes. ‘Comparing the AI investment pileup to the California gold rush in the mid-1800s, Pérez wrote: “We…
What an intriguing question. Where have all OpenAI founders gone and why? Maybe they’ve gone to focus on the delivery of the benefits of AI that Goldman Sachs was asking about earlier this year? Some have gone to the competition…
The rush to AI has led to employees using inferior AI tools with poisoned content; delivering malicious code onto networks; credential and data thefts. @Thaddeus Dziekanowski Brian D. McCarthy Veritas GRC #ai #cybersecurity #cyberriskmanagement View Original Post
@Thaddeus Dziekanowski, as you have discussed many, many times. Unless you address cybersecurity over AI, you cannot guarantee the provenance of AI. You cannot guarantee AI models do not hallucinate or do not get poisoned. Least of all, if you…
While the virtues of AI are still unknown (I’ve not seen a reasonable business case yet) One must remember AI is still working its way through the regulatory mill. We must also remember that AI brings with it many challenges…
