Board Oversight of Artificial Intelligence: Best Practices for Governance, Compliance, and Ethical Considerations
Recording of a 90-minute CLE video webinar with Q&A
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.
Outline
- Introduction to AI Governance
- What is AI? What’s different about GenAI?
- Overview of AI technologies and certain business applications
- Overview of risk landscape for AI
- Regulatory, technical, and ethical considerations for AI
- Cyber and data privacy landscape
- Litigation landscape
- Regulatory landscape
- Ethical considerations
- Current best practices for AI governance
- Overview of an AI governance structure
- Building out an AI governance program
- Maximizing value and minimizing risk with GenAI
- Board responsibility and accountability for AI governance
- Regulatory expectations around Board oversight
- Fiduciary duties & the Caremark standard
- Emerging best practices for Oversight of AI
- Lessons learned in AI governance to date
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
Avi Gesser
Partner, Co-Chair Data Strategy & Security Group
Debevoise & Plimpton
Mr. Gesser’s practice focuses on advising major companies on a wide range of cybersecurity, privacy and... | Read More
Mr. Gesser’s practice focuses on advising major companies on a wide range of cybersecurity, privacy and artificial intelligence matters. He has represented global financial services firms, private equity firms, insurance companies, hedge funds and media organizations in large-scale ransomware attacks, cyber breaches by nation-states, and regulatory investigations relating to the use of artificial intelligence. Mr. Gesser regularly advises boards and senior executives on governance, risk, and liability issues relating to cybersecurity and AI. He is also a primary author of the firm’s Data Blog and the architect of the Firm’s Data Portal, an online tool that helps clients quickly assess and comply with their cyber breach notification obligations and tracks AI regulatory developments.
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Jenifer McIntosh, CIPP
Of Counsel
Stinson
Ms. McIntosh has over 20 years of experience applying privacy, cybersecurity, intellectual property, internet... | Read More
Ms. McIntosh has over 20 years of experience applying privacy, cybersecurity, intellectual property, internet and consumer protection laws to business activities. Her background as a chemist and in-house counsel experience enhances her ability to translate legal standards into easy-to-understand technical and operational processes that clients can implement. Ms. McIntosh's practice focuses on providing advice on privacy and data security issues related to technology-driven transactions and identifying risks related to data processing, data security, and AI development to avoid regulatory issues but also security breach and class-action litigation. She counsels clients across a variety of industries, including pharmaceutical and health technology, private equity, SaaS providers, cybersecurity, automotive finance, ad-tech and e-commerce. Ms. McIntosh is highly-skilled in developing and implementing practical and sustainable corporate governance initiatives as well as strategic compliance involving global privacy laws.
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