Internal auditors can provide assurance that sophisticated data tools are living up to ethical standards and meeting legal requirements.
Cutting-edge technologies in artificial intelligence (AI) and machine learning are transforming the way businesses operate and opening up new commercial opportunities for organizations to leverage data. But such progress comes with risks: The technology is not infallible, and companies that are becoming increasingly reliant on it rarely question how the process works, whether it is ethical or trustworthy, or what harm it could cause.