The rise of DeepSeek, a Chinese start-up founded in 2023, has sent shockwaves through the artificial intelligence industry, challenging traditional market paradigms and prompting significant reconsideration in legal, infrastructural, and regulatory arenas. What sets DeepSeek apart is not only the
Proper risk and compliance management is crucial for protecting dealerships from legal issues, as failure to do so can result in substantial financial losses, potentially costing millions of dollars. This scenario is highlighted by Thomas Kline, a leading consultant and founder of Better Vantage
Artificial Intelligence (AI) has become an integral part of modern industries, driving innovation, efficiency, and productivity. However, along with these advantages, the rapid adoption of AI technologies also brings significant risks that need to be managed effectively. This article explores
In the ever-evolving landscape of banking, managing legal risk has become a critical component of a bank's overall risk management framework. Richard Ostrander, the general counsel and head of the Legal and Compliance Group at the Federal Reserve Bank of New York (FRBNY), has provided valuable
The landscape of Enterprise Risk Management (ERM) is rapidly evolving, driven by the increasing complexity and interconnectedness of business risks. As we approach 2025, risk managers must stay ahead of these emergent trends to effectively mitigate risks and ensure business continuity. This article
In today's rapidly evolving business environment, companies are continuously confronted with challenges stemming from a maze of regulatory requirements. These regulations, driven by GDPR, NIS2, and the Digital Operational Resilience Act (DORA), necessitate robust governance, risk, and compliance
