#United States #Fremont #Privacera #NIST #PAIG

Privacera's Enhanced AI Governance Platform

In a significant move towards strengthening data security and AI governance, Privacera, a company established by the original creators of Apache Ranger, has announced major updates to its AI Governance platform known as PAIG. These updates aim to align with the National Institute of Standards and Technology (NIST) AI Risk Management Framework, reflecting a robust commitment to AI risk management and compliance across organizations.

The necessity for such an update is underscored by the increasing integration of generative AI into business operations, which raises critical concerns regarding security and compliance. According to Balaji Ganesan, CEO and Co-founder of Privacera, as companies adopt AI technologies and applications, it is vital to have a comprehensive approach to AI governance that ensures organizations can manage associated risks effectively.

Importance of AI Risk Management

The NIST AI Risk Management Framework addresses unique challenges posed by AI systems that differ from traditional software. Issues such as unpredictability, the potential for societal influence, and risks related to sensitive data are central to understanding the nature of AI-related risks. These can manifest through various channels, from technical mishaps to human error, impacting everything from customer service chatbots to critical decision-making processes in finance and hiring.

The framework comprises four essential functions — Govern, Map, Measure, and Manage — which assist organizations in systematically tackling AI risk mitigation. By integrating the PAIG platform with this established framework, Privacera empowers enterprises to recognize, evaluate, and remedy AI-related risks at all stages of deployment.

Key Enhancements to PAIG

Recent improvements to PAIG emphasize proactive risk management. The updates introduce several new features aimed at improving visibility and compliance:

• - PAIG Navigator: This tool helps create a detailed inventory of AI assets, highlighting the interdependencies and risks associated with each component. It measures risks based on data sensitivity and potential misuse, ensuring that organizations can monitor AI applications according to industry standards and ongoing regulations.

• - PAIG Lens: Designed for ongoing assessment, this feature allows organizations to conduct regular testing of their deployed AI applications. It helps identify issues related to data leakage, bias, or intellectual property breaches and provides insights into system performance and behavior, equipping users with real-time information on their AI implementations.

• - PAIG Guard: Implementing guardrails and access control mechanisms, PAIG Guard helps mitigate identified risks through the establishment of policies governing AI systems. It includes mechanisms for data filtering, role-based access, and compliance checks to ensure adherence to relevant regulations.

These features reflect a collective commitment to industry standards and open-source innovation, enabling organizations to responsibly deploy AI technologies while minimizing risks.

Privacera's Industry Commitment

Privacera's alignment with NIST reinforces its dedication to educating customers regarding the evolving landscape of AI. As generative AI continues to penetrate various sectors, the enhanced capabilities of PAIG provide businesses the tools necessary to stay ahead of potential risks such as data leaks and compromised intellectual property.

The PAIG platform's updates are now available through both open-source and Privacera Cloud, promoting broader adoption and practical innovation in the context of AI security.

Final Thoughts
With the advances brought forth by Privacera, the path toward responsible AI deployment is clearer and more structured. Enterprises now have a powerful ally in navigating the complexities and risks that come with AI technologies. To explore the upgraded capabilities of PAIG further, visit Privacera's website.

About Privacera

Founded in 2016 and headquartered in Newark, California, Privacera has emerged as a leader in the AI governance space. Known for delivering trusted data security governance solutions, Privacera serves various industries, including finance, insurance, life sciences, and beyond, by providing cutting-edge technology aimed at ensuring data privacy and security. Recognized for its contributions, the company has received accolades such as the GigaOm Radar recognition for Data Governance and the CISO Choice Awards nomination. Privacera's innovations continue to shape the future of AI governance in a data-driven world.