Artificial Intelligence Audit

Why do I need an AI audit?

Artificial Intelligence applications and their risks are present while comprehensive AI regulations are still awaiting adoption. Without a well-established legal requirements framework, it is hard to ensure that every aspect of AI use complies with existing and fragmented obligations, even more when governance and ethics frameworks come into play.

An AI audit will show you what steps to take to make sure that your business’ usage of artificial intelligence complies with the requirements of relevant information security and data privacy regulations, risk management frameworks, as well as governance and ethics good practices.

Your customers may increasingly require you to address the risks of artificial intelligence proactively, to avoid reputational risks, failing which you could lose business.

To whom do we recommend an AI audit?

  • Companies that are concerned with their AI risks and would like to obtain assurance that these risks are managed.
  • Businesses wanting to launch the compliance process and need methodology, assistance, and consulting to this end.
  • For organizations looking to address the risks of artificial intelligence use proactively or require assistance to navigate through a complex set of legal obligations for AI use.
  • Businesses needing in-depth and effective assistance in artificial intelligence compliance.

Why is it useful?

Artificial intelligence audit helps you to find areas of your AI use, that need improvement according to data privacy, information security regulations, risk management frameworks, as well as governance and ethics good practices. While AI practices, such as machine learning and natural language processing are powerful tools, they also pose a significant risk when it comes to bias, dangers of automated decision making and erroneous results. An audit will help you to discover these risks and offer mitigation for them.

You can be an early adopter of artificial intelligence governance practices, minimizing risk and maximizing productivity of this emerging technology.

We offer a comprehensive solution and specialist help for companies to comply with the requirements on artificial intelligence use.

Our efficient artificial intelligence compliance methodology helps businesses to significantly reduce the risks arising from official investigations, being fined and potential reputation loss.

As a result of the preparations, you can run your business in a more conscious, more efficient, and safer manner.

What do we do?

  • Artificial intelligence is a technology that permeates other software and the organization itself. We address AI risks in a complex or focused manner, based on your needs and risk universe.
  • Using proven good practices, our experts analyse your existing compliance framework, use of artificial intelligence and related business processes, deviations from the requirements of the relevant laws, and our trustworthy AI ethics and governance methodology and suggest improvements.
  • In case of client need, we assist in implementing solutions regarding artificial intelligence use.

Why choose the services of ABT?

  • We are currently providing compliance services to several satisfied clients, and up to now, we have supported some of the leading multinational enterprises in Central and Eastern Europe in various digital compliance and risk management projects. Our managers have expertise and several years of experience in both IT security and data protection law.
  • We have professional competences and thorough knowledge of European data protection legislation and practice, particularly the new EU General Data Protection Regulation (GDPR) which is essential for cases where artificial intelligence is used for processing personal data.
  • We have in-depth knowledge about enterprise processes and information systems as well as data privacy, information security, governance, and risk management.
  • Our highly qualified colleagues are dedicated to keeping their knowledge up-to-date.
    The ABT Treuhand Group has 35 years of experience in Switzerland and Hungary and an extensive international client base.
  • As a member of the Nexia network, our services are available worldwide.

Your personal contact:

Ferenc Smohay

Economist, CISA, Member of IIA Hungary, head of the Risk & Compliance division of ABT Treuhand Group

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