Latest news with #AIGovernance
Associated Press
23-05-2025
- Business
- Associated Press
LogicGate Named Winner of the ISACA Innovative Solutions Award for the Organization's AI Governance Solution
The industry-recognized solution helps enterprises better govern and manage the implementation and usage of AI technology throughout the entirety of their organizations. CHICAGO, May 23, 2025 /PRNewswire/ -- LogicGate, the modern, enterprise-grade provider of governance, risk, and compliance (GRC) solutions, today announced its AI Governance Solution was recognized for the prestigious ISACA Innovative Solutions Award. The industry accolade honors LogicGate for its groundbreaking AI Governance Solution, designed to empower safe innovation, accelerate business growth, and enable organizations to navigate the complexities of artificial intelligence responsibly. The ISACA Innovative Solutions Award acknowledges individuals or organizations that have developed or utilized technology to solve significant business or societal challenges. Judging criteria include the innovative use or development of new technology, promotion of ISACA's core domains, impact and global reach of the solution, and the quality of the nomination. 'LogicGate's AI Governance Solution is not just another tool in the GRC space—it is essential to reshaping how organizations approach AI governance,' said Matt Kunkel, Co-Founder and CEO at LogicGate. 'With the rapid evolution and widespread adoption of AI, particularly generative AI, every industry is confronted with the challenge of governing the use of this technology and its various applications. Our approach was to create a prescriptive yet flexible AI governance framework that enterprises could easily adopt and tailor to their unique AI guidelines and requirements.' As AI technologies become increasingly integral to business operations, the necessity for robust AI governance has become paramount. Recent research by OCEG on the 'Use of AI for GRC' found that while 82% of respondents agree or strongly agree they must adopt generative AI, only 12% reported having a documented AI Governance plan in place. This highlights a critical gap that LogicGate's AI Governance Solution aims to address. LogicGate's AI Governance Solution provides a comprehensive set of workflows to ensure AI initiatives are transparent, accountable, and aligned with regulatory standards. The solution includes centralized use case management, cyber risk assessments, policy management, controls compliance, and third-party AI risk oversight, all within an easy-to-use platform. This holistic approach bridges the growing gap between GRC and AI, enabling organizations to confidently harness the power of AI while safeguarding against unintended consequences. 'A key differentiator of LogicGate's AI Governance Solution is its integration with the full spectrum of governance, risk, compliance, and cybersecurity programs,' said Jon Siegler, Co-Founder and Chief Product Officer at LogicGate. 'This integration ensures that AI governance processes are seamlessly incorporated into cyber risk management, third-party risk management, policy management, and controls management.' Specifically, LogicGate's AI Governance Solution enables organizations to: LogicGate, along with other award recipients of the 2025 Global Achievement Awards, Chapter Awards, Certification Exam Top Scores, and the 2025 class of the Hall of Fame were recognized at the ISACA Awards Celebration in Orlando, Florida, during ISACA's 2025 North America Conference. To view the full list of award recipients, visit About LogicGate LogicGate® is a global, market-leading SaaS company empowering customers to effectively manage and scale their cyber risk and control, third-party risk management, controls compliance, enterprise risk, and operational resilience programs. Recognized as one of four leading global GRC platforms, Risk Cloud® is built with usability in mind, including a no-code interface and graph-database management making the technology flexible, agile and scalable to support various levels of GRC maturity and bolster business outcomes. With an unwavering commitment to fostering business resilience in dynamic landscapes, LogicGate empowers customers to quantify risk, strengthen their security posture, and have visibility into information to create strategic advantages and support business objectives. Learn more about LogicGate's solutions by visiting or LinkedIn. View original content to download multimedia: SOURCE LogicGate
Yahoo
13-05-2025
- Business
- Yahoo
LatticeFlow Launches AI Insights: The First Independent LLM Risk Evaluation Service for Secure, Compliant Business Adoption
AI Insights is the first solution to QA benchmarks with multilayer defenses, ensuring full transparency, and providing clear guidance for safe, scalable LLM adoption ZURICH, May 13, 2025--(BUSINESS WIRE)--LatticeFlow AI, a leading company connecting AI governance and operations, today announced the launch of AI Insights, the first independent LLM risk evaluation service for secure business adoption. AI Insights gives AI and governance, risk, and compliance (GRC) leaders clear, actionable intelligence on enabling fast, secure and confident adoption of foundation models. Rooted in Swiss values of neutrality, precision, and trust, AI Insights addresses growing concern over the lack of transparency, relevance, and independence in today's leaderboard-driven benchmarks. Most rely on static benchmark evaluations or crowdsourced ratings, methods that have often been proven to be gamed and disconnected from real-world enterprise needs. AI Insights sets a new standard, favoring transparency, independence, and real-world relevance over leaderboard rankings and performance metrics. It's designed to provide enterprise leaders independent, trustworthy, and business-oriented evaluations that support secure and compliant AI adoption. "For the first time, AI, risk and compliance leaders can get independent, transparent and technical evidence about whether a foundation model is fit for use, before it's deployed," said Dr. Petar Tsankov, CEO and Co-founder of LatticeFlow AI. "AI Insights enables organizations to accelerate AI adoption by ensuring secure and compliant AI deployment." Business Value: Transparency, Readiness, and Actionable Guidance AI Insights delivers independent evaluations of foundation models using the most comprehensive set of benchmarks tailored to real-world business requirements, covering security, fairness, and regulatory alignment. Each evaluation provides clear, actionable recommendations to support secure and compliant generative AI adoption. The results are presented in intuitive reports that explain model behavior, flag critical issues like bias or prompt vulnerabilities, and offer mitigation recommendations. Addressing Current Concerns Around AI Benchmarks The launch comes as scrutiny mounts around traditional AI benchmarks, many of which reward models for optimizing against leaderboards rather than performing safely and reliably in practice. AI Insights offers a new model, one that prioritizes transparency over leaderboard hype, and business requirements over performance points. AI Insights builds on LatticeFlow AI's experience building COMPL-AI, the first technical framework aligned with the EU AI Act, welcomed by the EU AI Office and co-developed with ETH Zurich and INSAIT. About LatticeFlow AI LatticeFlow AI empowers enterprises to deploy AI systems that are high-performing, trustworthy, and compliant, bridging the gap between AI governance frameworks and technical operations. The company offers the first solution to evaluate the business-readiness of foundation models through AI Insights, helping risk, compliance, and business leaders make evidence-based adoption decisions. It also provides AI Go!, a comprehensive solution that operationalizes AI governance by linking business risk requirements to technical AI controls, enabling organizations to assure trust, safety, and compliance across their AI systems. In collaboration with ETH Zurich and INSAIT, LatticeFlow AI developed COMPL-AI, the first open-source framework translating the EU AI Act into actionable technical checks. LatticeFlow AI is part of the AI Champions initiative and has received global recognition, including awards from the US Army, the White House's U.S. PETs Challenge, and repeated inclusion in the CB Insights AI 100. View source version on Contacts Media Enquiries: Gloria Fernandez, Marketing Directormedia@ LatticeFlow AI Sign in to access your portfolio
Arabian Post
13-05-2025
- Business
- Arabian Post
AI Governance Gains Momentum as SAS Champions Ethical Innovation
SAS has intensified its focus on ethical artificial intelligence by unveiling a suite of governance tools and strategic partnerships aimed at fostering responsible innovation across industries, with a particular emphasis on healthcare. At the SAS Innovate 2025 event in Orlando, the company highlighted its commitment to transparency, accountability, and trust in AI deployment. Reggie Townsend, Vice President of Data Ethics at SAS, underscored the importance of proactive governance in AI development. He introduced the concept of 'response-ability,' advocating for leaders to anticipate and mitigate potential harms associated with AI systems. Townsend emphasized that biased AI outcomes often reflect existing societal and organizational biases, necessitating a collective responsibility among industry, government, academia, and civil society to address these challenges. A significant development in SAS's ethical AI initiatives is the launch of the Responsible and Ethical AI in Healthcare Lab , a collaboration with Erasmus University Medical Center and Delft University of Technology. The lab aims to establish frameworks ensuring AI applications in healthcare are transparent, unbiased, and aligned with patient safety and privacy standards. Michel van Genderen, an internist-intensivist at Erasmus MC, highlighted the lab's efforts in creating registries to track AI model deployments and ensure adherence to ethical guidelines. SAS has also introduced AI agents designed for customizable human-AI interactions, promoting transparent decision-making processes. These agents are part of SAS's strategy to develop 'agentic AI' systems that operate with minimal human oversight while maintaining ethical standards. In addition to technological advancements, SAS has rolled out model cards—akin to 'nutrition labels' for AI models—that provide insights into model performance, fairness, and potential biases. These cards aim to enhance transparency and facilitate regulatory compliance by offering detailed information on model usage, limitations, and governance. See also Saudi Arabia's Strategy to Tackle OPEC+ Compliance Issues To support organizations in implementing responsible AI practices, SAS has launched the AI Governance Advisory service. This initiative offers guidance on integrating ethical considerations into AI strategies, with benefits including improved accountability, enhanced trust, and increased competitive advantage. Marek Wilczewski, Chief Data Officer at PZU Insurance, noted that the advisory service helped the company identify potential risks and align AI projects with ethical standards. The company's efforts extend to global collaborations, such as its partnership with Emirates Health Services in the UAE. Mubaraka Ibrahim, Chief AI Officer at Emirates Health Services, shared that the organization has developed over 40 predictive analytics models to improve patient outcomes and reduce provider burnout, demonstrating the practical benefits of ethical AI deployment in healthcare.
Business Wire
07-05-2025
- Business
- Business Wire
LockThreat Accelerates Global Growth with Major Moves in the Middle East
DUBAI, United Arab Emirates--(BUSINESS WIRE)-- LockThreat, a leader in Enterprise GRC automation, continues to expand its global footprint with a series of strategic initiatives aimed at strengthening its global presence. LockThreat will exhibit at GISEC Global 2025 (#P46, Hall 5), one of the world's premier cybersecurity and risk events. GISEC provides a powerful platform to showcase LockThreat's AI-powered GRC innovations that support cybersecurity and AI Governance automation to an international audience of security and compliance leaders. Adding to this momentum, LockThreat has successfully completed a strategic partnership with Oracle, the region's leading cloud services provider. This collaboration enables LockThreat's customers to benefit from the scalability, security, and regional availability of Oracle Cloud Infrastructure, further reinforcing LockThreat's commitment to multi-cloud flexibility and operational excellence. To celebrate and deepen regional relationships, LockThreat will also co-host a GRC Leaders Golf Outing with Oracle and Redington on May 7, 2025, at Top Golf, Dubai. This exclusive, invite-only event will bring together top executives and thought leaders for a day of networking, collaboration, and conversations around the future of governance, risk, and compliance. "Expanding our presence in the Middle East is a key part of LockThreat's global growth strategy," said Naeem Hussain, CEO of LockThreat. "Through strategic partnerships with trusted brands like Oracle and our participation at world-class events like GISEC, we're not just expanding our reach, we're delivering even greater value and innovation to organizations worldwide." LockThreat's platform empowers organizations to achieve enterprise-wide GRC excellence through AI-driven automation, centralized visibility, and seamless control. With major enhancements launched this year including advanced policy management, risk scoring, and multi-framework integration. LockThreat is rapidly becoming the GRC solution of choice for businesses across the global operating in dynamic, highly regulated environments. About LockThreat LockThreat GRC transforms governance, risk, and compliance with AI-powered automation, real-time insights, and centralized controls. Serving multiple industries across 10+ countries, LockThreat simplifies compliance, reduces risk, and accelerates digital transformation for today's most demanding organizations. *Source: AETOSWire
