AI and Privacy: What Every Company Needs to Do Today
Sushila Chanana and Benjamin Buchwalter will discuss "AI and Privacy: What Every Company Needs to Do Today' at the ACC 2024 Privacy Summit.
This session will introduce basics of AI governance, such as ownership, cross-functional coordination, policies, reporting to the board. We will walk over the NIST AI Risk Management Framework, discuss implications and best practices when using AI for HR and recruiting purposes, the terms companies need to consider. We will review how existing privacy laws apply to AI (profiling, automated decision-making, transparency, purposes of processing, opt out) and will discuss the privacy implications of the EU AI Act. Finally we will introduce some of the risks associated with AI and what companies can do to protect themselves.