Credera’s approach to AI security and governance

[The following is a condensed version of Credera’s whitepaper Five steps to a future-proof AI governance framework—download the whitepaper to read our full perspective.] 

Artificial Intelligence (AI) has the potential to revolutionize industries and drive significant economic growth. However, adopting AI comes with unique challenges in implementation, management, and security. Effective AI governance—a system of rules, practices, and processes that direct how AI can be used—is essential to address these challenges, but creating the right-sized governance framework is complex.

A poor governance program will slow innovation, hindering the development and deployment of cutting-edge AI solutions. It is not uncommon for them to be costly while not adequately protecting the company from security risks.

This is why Credera has established a guideline for building a fit-to-size, AI enablement and security program that makes AI deployment fast and safe.

Credera’s approach to AI governance and security

Credera's approach to AI governance and security ensures fast and safe AI deployments by aligning governance structures with business needs. We emphasize forming an AI governance board, defining comprehensive data privacy policies, establishing a governance framework based on principles from reputable organizations like the Organization for Economic Co-operation and Development (OECD) and the National Institute for Technology and Standards (NIST), and automating processes and components where possible.

By preapproving AI platforms and investing in automation, we streamline project intake and review processes, enable quicker deployments, and minimize roadblocks. Continuous monitoring and adaptation are crucial to maintaining the integrity and success of AI projects. Credera's comprehensive, business-aligned approach mitigates risks, drives innovation, and supports sustainable growth, making us a trusted partner in your AI journey.

This focus on enablement over enforcement addresses common governance failures by appropriately scoping frameworks and controls, securing executive sponsorship, and fostering a culture of accountability and transparency.

Credera's 5-step approach

In our full whitepaper, we unpack the following five steps to building AI governance and security:

1. AI governance foundation

   • Form an AI governance board or committee

   • Define your AI data privacy policy

   • Establish your AI governance framework

   • Define boundaries for AI ethics

2. AI data governance

   • Establish guidelines for proper collection, usage, and handling

   • Establish any data no-fly zones

   • Establish preferred sources of truth

3. AI platforms

   • Research AI platforms and technologies

   • Assess the security and privacy of acceptable AI platforms

   • Create preapproval AI tooling for faster implementation

4. Integrate AI projects into your implementation pipeline

   • Define clear project goals

   • Identify relevant stakeholders

   • Gather detailed requirements

   • Assess data availability and quality

   • Conduct a risk assessment

   • Establish thorough post-project review processes

5. Continual AI governance

   • Establish metrics to evaluate performance and impact

   • Maintain a monitoring program

   • Watch for requirement changes

These steps detail Credera’s approach to developing a tailored AI governance program that balances innovation and governance to ensure fast yet safe and cost-effective AI deployments.

Your AI security and governance solution

As AI continues to evolve and integrate into various industries, the importance of robust and effective governance cannot be overstated. The Credera solution accomplishes that by:

• Focusing on enablement, not enforcement.

• Balancing regulatory compliance with business agility.

• Defining clear data privacy policies with dedicated governance boards.

• Leveraging established frameworks to make AI deployments both fast and secure.

• Committing to continuous monitoring and adaptation to ensure AI projects remain aligned with business goals and regulatory standards.

What sets Credera apart is our unique ability to balance regulatory compliance with business agility, ensuring AI governance frameworks that are both robust and flexible. Our diverse team of experts and our commitment to transparency and accountability further differentiate us, providing clients with a trusted partner in their AI journey.

To learn more, check out our full whitepaper. If your organization needs guidance in crafting and implementing this strategy, Credera’s specialists can help. Schedule a call to get started.

• AI Technology
• AI Governance
• AI Strategy
• Generative AI
• AI