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Board Oversight of Artificial Intelligence: Best Practices for Governance, Compliance, and Ethical Considerations

A live 90-minute CLE video webinar with interactive Q&A

This program is included with the Strafford CLE Pass. Click for more information.
This program is included with the Strafford All-Access Pass. Click for more information.

Thursday, March 6, 2025

1:00pm-2:30pm EST, 10:00am-11:30am PST

Early Registration Discount Deadline, Friday, February 7, 2025

or call 1-800-926-7926

This CLE webinar will examine the corporate governance, data security and other challenges facing boards of directors in overseeing artificial intelligence (AI) initiatives. The panelists will discuss best practices and considerations in establishing AI governance processes and frameworks, working towards compliance with regulatory requirements, and addressing ethical considerations in AI deployment and cybersecurity.

Description

The rapid advancement of AI technologies presents both opportunities and challenges for corporate boards. Directors are increasingly responsible for overseeing AI initiatives to ensure they align with the company's strategic goals while mitigating associated risks. Effective AI oversight requires a comprehensive understanding of AI's potential impacts on business operations, data governance and security, regulatory compliance, and ethical standards.

Boards must proactively establish robust governance frameworks that address the unique risks posed by AI. This includes developing policies for AI ethics, data privacy, and cyber security, as well as working to ensure transparency and accountability in AI decision-making processes. Directors should also be aware of the evolving regulatory landscape and be prepared to adapt their oversight practices accordingly.

Listen as our panel discusses critical considerations for boards of directors in their consideration and oversight of AI, including fostering a culture of continuous learning, engaging with AI experts, and integrating AI considerations into the broader risk management framework of the company as a whole.

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Outline

  1. Introduction to AI governance
    1. Understanding AI first as a corporate tool
    2. Overview of AI technologies and certain business applications
    3. Controlling AI deployment and development
  2. Regulatory, technical, and ethical considerations
    1. Current and emerging AI regulations
    2. Data privacy and security concerns
    3. Ethical considerations and AI deployment
    4. Enforcement initiatives and actions
  3. Current best practices for AI oversight
    1. Identifying needs for and risks of AI development and deployment
    2. Identifying AI stakeholders and internal SMEs
    3. Integrating AI into risk management frameworks
    4. Considerations for AI governance documentation
  4. Board responsibilities and accountability
    1. Understand your specific landscape and resulting obligations for AI decision-making – cyber as a model
    2. Using existing requirements or frameworks to guide or develop board oversight practices
    3. Monitoring and evaluating AI performance and outcomes
    4. Adapting to the evolving AI landscape

Benefits

The panel will discuss these and other critical issues:

  • How can boards effectively oversee AI initiatives to align with strategic goals?
  • What are the key regulatory, technical, and ethical considerations for AI governance?
  • What current best practices can boards adopt to enhance their oversight of AI?
  • How can boards work to effect transparency and accountability in AI decision-making processes?

Faculty

McIntosh, Jenifer
Jenifer McIntosh, CIPP

Of Counsel
Stinson

Ms. McIntosh has over 20 years of experience applying privacy, cybersecurity, intellectual property, internet...  |  Read More

Additional faculty
to be announced.
Attend on March 6

Early Discount (through 02/07/25)

Cannot Attend March 6?

Early Discount (through 02/07/25)

You may pre-order a recording to listen at your convenience. Recordings are available 48 hours after the webinar. Strafford will process CLE credit for one person on each recording. All formats include course handouts.

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CLE On-Demand Video