The Justice Department focused on artificial intelligence enforcement, warning of stiffer penalties

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now

The Department of Justice is increasing its focus on artificial intelligence.

Deputy Attorney General Lisa Monaco will also say that the Justice Department will take into account how well a company is managing the risks of AI technology whenever it reviews a corporate compliance program. Such a program is a set of policies and procedures designed to detect corruption and ensure that executives and employees are following the law.

“All new technologies are double-edged swords – but AI may be the sharpest blade yet. It holds great promise to improve our lives – but when criminals use it to supercharge their illegal activities, including corporate crime “There’s a huge risk if used for that,” Monaco will tell an American Bar Association conference of white-collar lawyers in San Francisco, according to a copy of his prepared remarks.

The Department of Justice, Monaco, says that penalties have been increased for long-term offenders whose behavior is seen as a particularly serious threat to victims and the public. The same principle applies to AI, she says.

“Where AI is deliberately misused to make white-collar crime significantly more serious,” she says, “our prosecutors will seek stiffer sentences — for individual and corporate defendants. “

“And,” she adds, “compliance officers should note. When our prosecutors review a company’s compliance program—as they do in all corporate resolutions—they consider whether How well the program mitigates a company’s most significant risks. And for a growing number of businesses, that now includes the risk of misuse of AI.”

___

Follow AP’s artificial intelligence coverage at https://apnews.com/hub/artificial-intelligence

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now

Leave a Comment