The recent collaboration between software company Boomi and academics from various universities, along with professional services company Connor Group, has resulted in the development of the first enterprise risk framework specifically designed for generative AI. This comprehensive framework has been built in collaboration with over 1000 business leaders, academics, and industry bodies, and provides a detailed guide and methodology for organizations of all sizes to assess their AI readiness, identify and manage risks associated with GenAI technologies, and proceed to responsible GenAI adoption. The framework can be easily customized to align with a company’s objectives, needs, and risk appetite, and allows risk management and governance leaders to identify and proactively address high-priority exposures. What’s more, it’s being offered as a free resource by Connor Group, making it accessible to organizations worldwide. This framework is a game-changer in the AI landscape, providing a much-needed tool for companies to navigate the complexities of AI adoption while minimizing risks. It’s a testament to the power of collaboration and innovation in addressing the challenges posed by emerging technologies.
AI Risk Framework Unveiled
The Enterprise GenAI Governance Framework epitomises clarity and action by providing a one-page summary ideal for boardroom discussions, alongside a detailed breakdown of controls for practical implementation.
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