Tag: ISO 42001

AI Today in 5: January 5, 2026, The Does The World Have Time Edition

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Post date January 5, 2026
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Welcome to AI Today in 5, the newest edition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

Does the world have time to prepare for AI? (The Guardian)
Colombia adopts an international standard for AI. (Global Compliance News)
Client enablement with AI. (FinTechWeekly)
Agentic AI rewriting rules for compliance. (Dallas Business Journal)
Why AI Compliance needs to build operating systems. (Forbes)

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

Tags Agentic AI, AI, Colombia, compliance, ISO 42001

Compliance and AI

Compliance and AI: Revolutionizing Risk Management with John Byrne

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Post date May 23, 2025
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What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These are but three questions we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. In this episode, Tom welcomes John Byrne, founder and CEO at Corlytics, to discuss the company’s groundbreaking ISO 42001 certification and its significance for RegTech.

They delve into the evolving role of compliance, emphasizing the transition from reactive to proactive problem-solving. John highlights the shift towards AI-centric operations at Corlytics, aiming for enhanced accuracy, consistency, and traceability in compliance processes. The conversation explores the benefits and risks of AI, including data poisoning and the practical differences between large and small language models. They also touch upon integrating compliance into core business operations, aiming for better client outcomes and speeding up processes like account opening. John envisions RegTech becoming widely accessible, benefiting even the smallest regulated players by enabling proactive business solutions and reducing bottlenecks.

Key highlights:

ISO 42001 Certification and Its Importance
AI in Compliance and Security
AI as an Everyday Tool in Banking
Large Language Models vs. Small Language Models
Data Poisoning and Its Risks
Dynamic Traceability and Policy Lifecycle
Compliance as a Strategic Risk Management Tool

Resources:

John Byrne on LinkedIn

Tom Fox

Check out my latest book, Upping Your Game: How Compliance and Risk Management Move to 2030 and Beyond, available from Amazon.com.

Tags AI, compliance, Corlytics, ISO 42001, John Byrne, Risk Management

Compliance and AI

Compliance and AI: Harnessing Generative AI for Compliance: An Interview with Eric Sydell

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Post date March 28, 2025
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What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These are but three questions we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. In this episode, Tom is joined by Eric Sydell, co-founder and CEO of Vero AI, to discuss the intersection of AI and compliance.

Eric shares his unique journey from industrial psychology to HR technology and ultimately to the realm of compliance through AI. They explore how Vero AI utilizes generative AI to analyze and interpret vast amounts of unstructured data at scale, such as text, video, and imagery. Eric emphasizes that AI provides a scalable solution for compliance processes, reducing manual labor and increasing efficiency.

Eric discusses the importance of AI governance in compliance, particularly in light of emerging standards like ISO 42001 and the EU AI Act. He introduces the Vero AI’s Violet Impact Model, which provides a comprehensive framework for evaluating the impact of algorithms and complex systems. The conversation covers practical applications of Vero AI in corporate procurement and risk management, highlighting how the tool can assist compliance officers in continuously monitoring and improving their compliance programs. Eric concludes by explaining how businesses can reach out to learn more about implementing these advanced AI-driven solutions.

Key highlights:

Generative AI and Unstructured Data
AI in Compliance and Predictive Models
AI Governance and Monitoring
The Violet Impact Model
Vero AI in Risk Management and Procurement

Resources:

Eric Sydell on Linkedin

Tom Fox

Tags compliance, Eric Sydell, GenAI, ISO 42001, VeroAI

Compliance and AI

Compliance and AI: Ali Khan on Implementing AI Risk Management Systems

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Post date March 20, 2025
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What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? We will explore these three questions in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. In this episode, Tom is joined by Ali Khan, Head of Governance Risk & Compliance at Kandji and an Advisory Board Member (CAB) at Drata.

This episode discusses the essential steps to effectively implement an artificial intelligence management system, as defined by ISO 42001. They start by understanding the standard requirements and expectations, performing a scoping exercise and gap assessment, and securing management’s commitment to the project. Key steps include revamping the risk assessment process to align with ISO 23894, which guides managing AI-related risks and using the NIST AI risk management framework. The design and implementation phase involves creating various AI policies, integrating AI deployment plans, and performing impact and risk assessments. They also discuss Kandji’s internal audit plan, third-party vendor assessment processes, and security awareness training to include AI-specific considerations. The beauty of ISO 42001 is its applicability to organizations of any size and industry that develop, produce, or use AI products or services.