One Month to a More Effective Compliance Program Through Data Analytics: Day 16 - AI and Data Driven Compliance for Remote Work

28/12/2023 7 min Episodio 16
One Month to a More Effective Compliance Program Through Data Analytics: Day 16 - AI and Data Driven Compliance for Remote Work

Listen "One Month to a More Effective Compliance Program Through Data Analytics: Day 16 - AI and Data Driven Compliance for Remote Work"

Episode Synopsis

To address this challenge, AI-powered data cleansing capabilities have been developed. These capabilities sift through content and focus on relevant and risky information while minimizing false positives. By removing duplicative content, obvious junk, and non-human generated text, compliance teams can efficiently focus on the content that is potentially risky. This targeted approach significantly reduces false positives in the alerts generated by the system.
The Covid-19 brought changes that are still being felt today in the business world. Some changes were temporary, but some have become permanent and remote work is one of them. It is clearly here to stay. The change has underscored the importance of AI and data in compliance across various industries. The shift to remote work has resulted in an increased amount of data that compliance teams must proactively monitor. AI-powered data cleansing capabilities help sift through content and focus on relevant and risky information, while AI algorithms and machine learning models aid in risk detection. By leveraging AI and data, compliance teams can enhance their prevention, detection, and remediation efforts, ultimately promoting a culture of ethical behavior and ensuring compliance with data protection laws.
 Three key takeaways:

The pandemic changed the corporate world in many ways. One of the permanent ones was moving to remote work.

Remote work generates much more data because messaging apps and online communication tools require new and innovative compliance solutions.

AI and data-driven compliance around data generated from remote work can move a company from detection to prevention.


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