CCI Tech Blog

For businesses, one of the scariest threats out there is that of compliance fines for not holding up your end of the bargain with your customers’ data. But what goes into compliance, and what does it look like? We won’t be digging into the nitty-gritty of what these specific regulations require; rather, we’re performing a broad analysis of what businesses should be doing to ensure compliance, regardless of the protocol or the industry.

Artificial intelligence, or AI, has upended the way that we discuss technology in business, society, and individual everyday life. While we mostly focus on the benefits of the technology, there are many downsides to consider as well. That’s what we’d like to discuss today; how AI has a dark side to it that potentially requires regulation.

Despite what detractors say, regulations are in place for good reason. They typically protect individuals from organizational malfeasance. Many of these regulations are actual laws passed by a governing body and cover the entire spectrum of the issue, not just the data involved. The ones that have data protection regulations written into them mostly deal with the handling and protection of sensitive information. For organizations that work in industries covered by these regulations there are very visible costs that go into compliance. Today, we look at the costs incurred by these organizations as a result of these regulations, and how to ascertain how they affect your business.