InfoSec Pros: Carmen Marsh and Confidence Staveley

Kayne McGladrey, IEEE Senior Member, noted that the use of generative AI models in business hinges on their ability to provide accurate information. He cited as examples studies of AI models’ abilities to extract information from documents used for financial sector regulation that are frequently relied on to make investment decisions. “Right now, the best AI models get 80 percent of the questions right,” McGladrey said. “They hallucinate the other 20 percent of the time. That’s not a good sign if you think you are making investment decisions based on artificial intelligence telling you this is a great strategy four out of five times.”

Thursday, May 16, 2024

Risk assessments have moved beyond a check-the-box approach, especially with the SEC’s new disclosure requirements. Join us for our session, How to Operationalize Your Risk Assessment Process, to get practical guidance on navigating the complexities of risk assessments to drive tangible business outcomes. Kayne McGladrey, Field CISO at Hyperproof, will navigate through the essential steps required to operationalize risk assessments effectively within diverse organizational structures. From conceptualization to execution, participants will gain actionable insights into crafting and implementing tailored risk assessment strategies tailored to their unique organizational contexts.

“Choosing the right GRC platform is hard, but knowing what’s most important for you and your organization is key to choosing the right one. Ultimately, what matters most is that you find a platform with all the features listed above that will enable your team to maintain compliance without the headache of manual processes or inflexible legacy solutions.”

“To protect their personal data, consumers can take several practical steps to remove their information from data broker websites and opt-out of marketing. First, they should identify where their data is held by searching major data broker sites, public records, and credit reports. Once identified, consumers can use the “Opt Out” or “Remove My Data” links provided on these websites to submit removal requests, ensuring they confirm their identity and track the progress.

Additionally, they should familiarize themselves with regulations like the California Consumer Privacy Act (CCPA), which allows them to request the deletion of their personal data and opt-out of its sale. Consumers can also use online tools and services designed to automate the opt-out process from marketing lists and data brokers.

“There’s the cybersecurity threat and then there’s the real threat,” explains Kayne McGladrey, field chief information security officer (CISO) of compliance company Hyperproof, and senior member of the Institute of Electrical and Electronics Engineers (IEEE). “A cybersecurity threat is disruption, like when we saw the Russians invade Ukraine as part of their illegal war, they took down Viasat and not by attacking the satellites themselves, instead, they attacked the firmware of satellite modems on the ground.”