Get trained to recognize risks in new technologies

The artificial intelligence (AI), blockchain, cyber security or internet of thingsare Emerging technologies which can pose risks to businesses: monetary losses, reputational damage, security challenges, among others, so it is necessary for organizations to have specialized knowledge and skills to effectively mitigate them.

According to Global Data Protection Index 2022, a report by Dell, which is conducted every two years and is based on the opinions of a thousand experts with decision-making powers from the technology departments of organizations in fifteen countries with more than 250 employees; data protection challenges are on the rise, with public clouds and cyberattacks being major areas of concern. 72% are concerned that they will experience a disruptive event in the next twelve months, while 69% are concerned that their organization’s existing data protection measures will not be sufficient to address malware and ransomware threats.

Cyber ​​threats remain top of mind for organizations of all sizes.

It was created for that RiskHub, an online site that offers courses with practical knowledge and strategies for navigating the complex landscape of new technologies. The plan aims to train people to ensure regulatory compliance and promote innovation in organizations, according to its creators: Victoria Rodríguez Carmona (Executive Director) and Delfina Chain (Risk Director).

According to Rodríguez, the idea to make these exchange rates available came about because, while creating reports to uncover the risks of exchanges (cryptocurrency exchange markets) that were involved in banking transactions, they realized that both the legal field and the exchange did not have information from the other sector.

“Banks did not have information, knowledge about the product, the technology, be it crypto, artificial intelligence or augmented reality, and on the other hand, technology product companies did not have information about compliance (a set of procedures and good practices) adopted by organizations for identification and classification of operational and legal risks), prevention of money laundering, so we decided to create it,” Rodríguez explained.

The creators started the event Crypto compliance, a series of five events where experts in compliance, anti-money laundering and virtual assets will share with attendees the experiences they have gained over the years. It will be five days of immersive content for professionals who want to understand and gain practical knowledge based on real scenarios.

_{Delfina Chain (Risk Director) and Victoria Rodríguez Carmona (Executive Director).}

As AI came into force, will be the main topic at one of the events, precisely because, “sometimes we do not measure the consequences of the mentioned technology or we do it in a way that we may violate sensitive information of our companies, clients or ourselves. It does not limit the use of artificial intelligence, but provides examples and good practice advice on how to use artificial intelligence within a limited risk framework,” Chain said.

In addition, according to Chain, they are developing software that offers risk reporting to automate client and supplier processes to secure their supply chain.

“When you hire a service provider, you can learn through the software the types of risks that the counterparty has: cyber security, money laundering, fraud, compliance…which allows you to get up and running faster, cross-industry and supply chain security,” he explained.

Courses are conducted virtually on a global and bilingual level.

Chain reminded that they are “very pro-tech”, but the risks need to be known in order to use them safely.