AI Risk: What Every Board Member Needs to Know

Artificial Intelligence (AI) is a double-edged sword, offering both unprecedented opportunities and complex challenges. As boards and executives grapple with the rapid advancements in AI, they must navigate a landscape fraught with both promise and peril. This article aims to equip board members with key AI insights from a recent report by the National Association of Corporate Directors (NACD) and the Data & Trust Alliance, as well as a keynote address by John A. Wheeler at AuditBoard's Audit+Beyond event.

Wheelhouse Advisors

Wheelhouse Advisors, headquartered in Atlanta, Georgia, is a premier risk management advisory firm established in 2008. The firm specializes in regulatory compliance, operational risk, and technology risk, delivering data-driven insights and industry-leading practices to help clients manage risks effectively. With a focus on integrated risk management, Wheelhouse Advisors provides in-depth market analysis, software selection, and strategic advisory services tailored to diverse industries, including financial services, healthcare, manufacturing, and technology. Our comprehensive approach empowers clients ranging from medium to large businesses and senior executives to drive sustainable growth and maintain resilience in a dynamic risk landscape.

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The Convergence of Cybersecurity and Operational Risk: Lessons from the Clorox Breach