• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
The Two Sides of AI: Making the Most of Opportunities While Managing Risks

The Two Sides of AI: Making the Most of Opportunities While Managing Risks

01/16/2025
Oil & Gas Annual Conference & Expo 2025

Fueling the Future: Oil & Gas Annual Conference & Expo 2025

09/10/2025
ARC Fintube Technologies Private Limited Nominated for Go Global Awards 2025 in London

ARC Fintube Technologies Private Limited Nominated for Go Global Awards 2025 in London

09/10/2025
Chief Procurement Officer (CPO) Summit 2025

CPO Summit 2025 Set for California

09/09/2025
Unique Freight Logistics Nominated for Go Global Awards 2025 in London

Unique Freight Logistics Nominated for Go Global Awards 2025 in London

09/09/2025
Model Rice Mills Nominated for Go Global Awards 2025 in London

Model Rice Mills Nominated for Go Global Awards 2025 in London

09/09/2025
Evolve Future Mobility Show 2025

Revolutionize the Future of Transport at the Evolve Future Mobility Show 2025!

09/09/2025
Shipping & Procurement Consultants Group (Inc.) Limited Nominated for Go Global Awards 2025 in London

Shipping & Procurement Consultants Group (Inc.) Limited Nominated for Go Global Awards 2025 in London

09/09/2025
Prognica Labs Nominated for Go Global Awards 2025 in London

Prognica Labs Nominated for Go Global Awards 2025 in London

09/08/2025
Evegrocer Nominated for Go Global Awards 2025 in London

Evegrocer Nominated for Go Global Awards 2025 in London

09/08/2025
Cuesoft Inc. Nominated for Go Global Awards 2025 in London

Cuesoft Inc. Nominated for Go Global Awards 2025 in London

09/08/2025
Hachiko Efficiency Services Nominated for Go Global Awards 2025

Hachiko Efficiency Services Strengthens Environmental and Hazardous Materials Management Across the Pacific

09/06/2025
Mechanic inspecting car engine with digital tablet - Supply Chain News

U.S. Finalizes Trade Deal with Japan, Sets 15% Tariffs on Key Imports

09/05/2025
supplychainreport
Wednesday, September 10, 2025
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

The Two Sides of AI: Making the Most of Opportunities While Managing Risks

by Raxer X.
01/16/2025
in Risk Mitigation, Security & Risk

Artificial intelligence (AI) is being used more and more in different industries, including Managed Security Service Providers (MSSPs), to improve areas like customer service, threat detection, marketing, and quality checks in manufacturing. A report from McKinsey suggests that generative AI could add as much as $4.4 trillion to the global economy.

At the same time, the quick growth of AI comes with challenges. Cybercriminals are using AI to launch more advanced attacks. New AI tools can also unintentionally create weaknesses, such as unsafe connections with third-party services that could give hackers backdoor access, or AI systems that might be tricked into revealing confidential information. Problems like model collapse or hallucination can cause AI to behave unpredictably, putting system security at risk. Moreover, AI-generated content might have biases and provide unreliable information, which could harm a company’s reputation and disrupt its operations.

YOU MAY ALSO LIKE

Merchant International Systems Ltd Nominated for 2025 Go Global Awards in London

Merchant International Systems Limited Recognized for Excellence in Safety and Technology Solutions

To tackle these risks, experts suggest several best practices:

Thorough Risk Assessment: Form a diverse team to spot potential risks related to AI in different areas and create plans to manage them.

Governance Framework: Set up a structure for overseeing AI usage, including checking AI outputs, keeping human supervision, and ensuring responsible use of third-party data.

Integrating Operations and Training: Include governance in daily operations and train users regularly. An AI oversight group can regularly review and address new risks.

Automated Data Management: Use automation for data governance to avoid accidentally exposing sensitive information, using role-based access controls to reduce human error.

Data Backup and Recovery: Improve backup and recovery systems to handle the larger amounts of data generated by AI tools, ensuring resilience against data loss and cyber threats.

Cybersecurity Training: Train both customers and employees on cybersecurity awareness and how to manage AI risks, with clear policies on AI use and regularly updated training materials.

By following these recommendations, organizations can take advantage of AI’s benefits while protecting themselves from its risks, fostering innovation and efficiency in a secure setting.

Discover comprehensive supply chain report news insights at The Supply Chain Report. For international trade resources, visit ADAMftd.com.

#AIInMSSPs #GenerativeAIImpact #AICyberSecurity #AIChallenges #AIGovernance #SecureAI #CyberAwareness #AIInOperations #DataManagement #AIResilience

ShareTweet

Subscribe Our Newsletter

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.