The digital economy faces disruption through generative AI that presents the potential for privacy breaches, security threats and difficult-to-detect impersonations. The January 2024 Gartner “Emerging Tech Impact Radar: Artificial Intelligence” report gives organizations tools and insight to help them form a defense against those deepfake threats. Those tools include “sharing mechanisms that inform multiple parties of misuse of technologies to create deepfakes”, emerging regulations and technologies that help detect deepfakes. “Opportunistic and unregulated use of generative AI technologies is rapidly introducing a plethora of apps and platforms suitable for creation of deepfakes by nonexperts due to the technology’s accessibility,” according to the report. Uphold Responsible AI Principles Organizations that adopt AI also face critical business and ethical decisions. When organizations vet partners that leverage AI, it’s critical to explore bias mitigation and model robustness. On top of that, compliance teams can ensure AI technologies adhere to data privacy and security measures. As AI technologies evolve, it will be essential for organizations to track emerging regulations. “Regulators are pursuing legal solutions, which should be available within one to three years,” according to the Gartner report. Control Data Accuracy Risks The more organizations rely on AI to make decisions, and the higher the value of those decisions, the greater the potential risk. Governments are implementing measures to control those risks, but the requirements can change from one country to the next. Organizations can build consistency and agility when they have clarity about how their partner acquires, models and processes data and maintains its integrity. Evaluate AI Technologies Benefits and Risks The Gartner report covers five AI themes and 29 AI-related technologies with an eye toward helping organizations prepare for change. It’s an opportunity, according to the report: “Product leaders must evaluate benefits and risks for various AI technologies to gain competitive advantage and deliver business value.” Gartner, Emerging Tech Impact Radar: Artificial Intelligence, Annette Zimmermann and 18 others, 19 January 2024 GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Solutions Fraud and Risk Fraud Detection Technologies and Strategies to Protect Your Business Resources Library Fraud and Risk White Papers The Digital Identity Crisis View All Fraud and Risk Featured Blog Posts Individual Verification (KYC) KYC: 3 Steps to Achieving Know Your Customer Compliance AML AML Compliance Checklist: Best Practices for Anti-Money Laundering Business Verification (KYB) Enhanced Due Diligence Procedures for High-Risk Customers AML Sanctions and PEP Screening: A Critical Step in the KYC Process Identity Verification Proof of Address — Quickly and Accurately Verify Addresses Individual Verification (KYC) Top 10 Questions About Beneficial Ownership for AML/KYC Compliance Business Verification (KYB) How to Verify Legitimate Businesses and Merchants Individual Verification (KYC) Customer Due Diligence Checklist — Five Steps to Improve Your CDD