AI Compliance Auditing: Ensuring Your AI Projects Stay on the Right Track
In today's rapidly evolving technological landscape, the use of AI has become increasingly prevalent across various organizations. However, with this growth comes the concern of ensuring compliance with current and future regulations. Many potential AI users are hesitant due to the fear that their projects may not meet these requirements, which could lead to severe consequences such as project abandonment, fines, or other penalties.
This is where AI Compliance Auditing comes into play. Our audit tool is designed to help you understand the issues that may impact your project's future. It not only checks the application against applicable regulations but also analyzes the technologies used to estimate the associated risks. One of the key features of our audit is the use of Intelligent Knowledge Graph technology for the digital audit. This technology allows us to ask a series of questions to establish current and future compliance considerations for your application in a single jurisdiction. Currently, we support the USA, the EU, and the UK as jurisdictions, and we are actively working on expanding this list.
Unlike Generative AI-based technology, the Knowledge Graph operation is transparent, traceable, and repeatable. This ensures the reliability of the results and enables us to quickly adapt to changes in compliance and AI technology. The audit results are presented on screen and also available as a downloadable PDF link.
Our advisory team has extensive experience in AI. Our main advisor, Dr Andy Edmonds, started Europe's first AI company in the 80s. With a vast knowledge of AI and ML across a wide range of application types and industries, we possess a unique understanding of the various risks associated with using AI.
It's important to note that our audit tool is not a substitute for legal advice. The purpose of this audit is to inform you of possible future compliance issues. In most jurisdictions, there is currently no case law on which to base recommendations, so our audit must necessarily be speculative and represents our best assessment of the current landscape. For borderline cases, we are willing to conduct a human review and, upon your request, pass that information on to a legal professional.
In conclusion, AI Compliance Auditing is an essential tool for organizations looking to navigate the complex world of AI compliance and ensure the success of their AI projects.
