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Holistic AI's Solutions on AI Governance Have Been Integrated Into the OECD's Catalogue of Tools for Trustworthy AI

PALO ALTO, Calif., March 27, 2024 (Newswire.com) - Holistic AI, the leading provider of AI Governance for enterprises, is pleased to announce that several of its solutions have been included in the OECD's Catalogue of Tools & Metrics for Trustworthy AI.  

In line with the OECD AI Principles, the trustworthy AI toolkit provides a one-stop shop for robust solutions to ensure and validate the responsible development and deployment of AI systems. This includes various socio-technical solutions covering the technical, procedural, and educational aspects of AI Governance, such as Risk Management.  

Holistic AI's tools included in the OECD's catalog include: 

• Holistic AI's Governance Platform is a proprietary, scalable solution for managing AI inventory, mapping risks, and facilitating compliance with AI regulations, such as the EU AI Act and NIST. 
• ‍Holistic AI Audits are customizable, tailor-made solutions for a deep-dive assessment of a system's risks driven by quantitative analysis. 
• ‍Holistic AI NYC Bias Audits are independent, impartial bias audits of automated employment decision tools for compliance with New York City Local Law 144. 
• ‍Holistic AI Open-Source Library is a Python library for assessing and mitigating bias in AI and machine learning models, including regression and categorical systems. 
• ‍Holistic AI Risk Mitigation Roadmaps guide enterprises to self-assess and mitigate risks associated with bias, robustness, efficacy, explainability, and privacy. 

Holistic AI empowers enterprises to adopt and scale AI confidently.  

Holistic AI is deeply committed to ensuring that AI can be relied upon to fulfill its transformative potential for society. We believe that the responsible development and deployment of AI, which begins with robust AI governance, is central to this goal. Our AI governance encompasses the principles and frameworks essential for ensuring the responsible and transparent use of AI and minimizing risks associated with its deployment.  

Without effective governance practices in place, organizations expose themselves to potential legal, financial, and reputational risks stemming from misuse and biased outcomes generated by their AI systems. Thus, implementing AI governance becomes imperative to mitigate these threats and foster trust in AI technologies on a broader scale.  

Holistic AI takes a proactive approach by collaborating with regulators, policymakers, enterprises, and academia to promote the advancement of responsible, risk-based, and globally applicable AI standards. 

Contact Information:
Namisha bahl
VP of Marketing
[email protected]
6465063960


Original Source: Holistic AI's AI Governance Solutions Included in the OECD's Trustworthy AI Toolkit

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Sixty Percent of SMBs Say They Struggle With Cyberthreat Detection and Response, Have Had Four-Plus Compromised Users in the Past Year and Only 11% are CMMC Level 2-Ready

BOULDER, Colo., March 6, 2024 (Newswire.com) - RADICL, a cybersecurity innovator on a mission to better secure SMBs serving national defense and critical infrastructure, has released the findings from its inaugural “DIB Cybersecurity Maturity Report | 2024.”  

To better understand how SMBs in the Defense Industrial Base (DIB) protect themselves, RADICL surveyed 423 IT practitioners at companies with 101 to 250 employees. Those surveyed also identified that a significant portion of their company’s revenue comes from defense contracts with government agencies. The report aimed to assess the current state of cybersecurity within these crucial SMBs, uncover their most significant security challenges, understand their experiences working with outsourced service providers, and identify where they currently stand on their CMMC compliance journey.  

"Our report illuminates a significant gap in the cybersecurity maturity and posture of SMBs serving the DIB,” said Chris Petersen, co-founder and CEO of RADICL. “While it is encouraging that most prioritize improvements, there are critical and concerning lags that expose these innovative companies.  

“This report should be a wake-up call for the Department of Defense, U.S. policymakers, and SMB CEOs. There are concerning gaps in the ability of SMBs to deter, detect and respond to cyberthreats. CMMC/NIST 800-171 compliance, which mandates fundamental IT security controls, is also behind pace,” continued Petersen. “In contrast, nation-state cyberthreats are not behind pace and will continue to compromise DIB SMBs, steal their data, and disrupt their operations.” 

Key findings include:  

• 61% report low to medium effectiveness in threat investigation, and 54% report low to medium effectiveness in threat hunting. 
• 59% would take a week or more to detect a threat in their environment.  
• 46% say cybersecurity-related incidents have cost their company $100,001 or more. Of those, 12% report that the cost was more than $500,001. 
• 60% had four or more user/email accounts compromised in the past year.  
• 59% had four or more of their endpoints compromised in the past year.  
• The biggest security challenge is implementing and maintaining compliance with regulations, including CMMC.  
• 81% have started the CMMC compliance process; however, only 13% are compliant with Level 1, and 11% are compliant with Level 2. 
• The biggest challenge with outsourced providers is inadequate response time to security issues and incidents. 
• Their biggest security priority in 2024 is strengthening access control policies and enforcement around sensitive data.  

To view a full copy of the report, visit https://radicl.com/radicl_dib-cybersecurity-maturity-report_2024. 

About RADICL  

RADICL provides SMBs in America's Defense Industrial Base Xtended Threat Protection (XTP). RADICL's purpose-built and proprietary XTP platform delivers SMBs full-spectrum threat protection and compliance management that is quick, easy, and affordable. The RADICL XTP Platform powers an AI-augmented virtual Security Operations Center (vSOC), delivering customers 24x7 automated threat analytics and monitoring, deep threat hunts, incident response, vulnerability management, security awareness training, and managed compliance adherence. RADICL enables SMBs in the DIB to spend more time running a profitable business to support our country and less time worrying about security and compliance. To learn more about RADICL XTP, visit www.RADICL.com. 

Contact Information:
Holly Hitchcock
[email protected]
702.758.4079


Original Source: RADICL 'DIB Cybersecurity Maturity Report | 2024' Uncovers Alarming Gaps Within U.S. Defense Industrial Base SMBs

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