Data Governance
In today's rapidly evolving digital landscape, Certified Public Accountants (CPAs) must navigate the complexities of artificial intelligence (AI) to safeguard organizational integrity and stakeholder value. While AI offers significant opportunities for efficiency and growth, it also introduces a spectrum of risks that require diligent management.
In an era where companies are under immense pressure to adopt generative AI to stay competitive in the global market, ensuring responsible AI adoption is crucial. Various governing and regulatory bodies are actively debating and seeking ways to address AI risks without stifling innovation. A key challenge is the uncertainty surrounding AI, which
The year 2024 has seen a significant increase in data protection fines and settlements, primarily across the EU and the US. Regulatory bodies have galvanized their efforts toward data security, executing substantial fines to ensure robust data protection practices are met. Businesses, especially those in the tech and healthcare sectors, face
Government agencies have a critical responsibility to adhere to various regulatory standards designed to protect citizens' rights, ensure secure operations, and maintain public trust. Compliance is not just a legal obligation but a cornerstone of effective governance. Rich text editors (RTEs) play a pivotal role in helping these agencies meet
In a significant violation of consumer privacy, American Addiction Centers, Inc. (AAC) faced a data breach that impacted the sensitive information of approximately 422,424 individuals. The breach exposed extensive personal details, including names, Social Security numbers, addresses, phone numbers, dates of birth, medical information, and health