2024 Data, Analytics and AI Predictions and Prescriptions for CFOs - Sanjeev Chib

With Sanjeev Chib.

The 2024 Predictions for CFOs on Data Protection and Risks by Sanjeev Chib.

The comprehensive research report, The 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs, offers invaluable insights to CFOs navigating these quickly evolving technologies and disciplines.

Our recent LinkedIn Live event captured the essence of the report. The team of experts who prepared the report, Prashanth H Southekal, PhD, MBA, ICD.D, Tobias Zwingmann, Arun Marar, Ph.D. and Sanjeev Chib, CPA, CA, took turns highlighting their predictions and prescriptions in their area of expertise.

In the clip below Sanjeev focuses the spotlight on Data Protection & Risks.

Here’s a glimpse into some of his predictions and prescriptions to control fraud in these growing disciplines.

Prediction 1: Acceleration of AI as a Service

  • Sanjeev predicts that embedding AI into existing products will continue to accelerate, allowing companies to deliver smarter and better solutions.

Prescription: CFOs should focus on real customer problems that AI can effectively solve before investing heavily in embedding AI in multiple systems.

Prediction 2: Tackling AI-Powered Threats

  • AI-driven fraud, especially through deep fakes, will contrinue to grow as a key threat to businesses adopting AI.

Prescription: It is critical that staff be trained on rising fraud threats, particularly with deep fakes. Deploy new risk intelligence solutions utilizing data and AI to prevent and mitigate fraud

Prediction 3: Navigating Regulations and Data Privacy

  • The changing landscape of regulations and data privacy standards will result in greater collaboration between regulators and businesses.

Prescription: Now is not the time to bury your head in the sand when it comes to AI regulations and laws. Plug into the leading industry and government voices shaping the regulatory and data privacy landscape. Use that knowledge to shape your data, analytics and AI risk mitigation strategy.

Sanjeev’s forward-looking insights provide valuable guidance for CFOs preparing to navigate the evolving AI landscape in 2024 and beyond. Watch or listen to his full presentation for more valuable lessons on AI.

Stay tuned for more updates on AI’s impact on finance and business!

Take in the full event here, The 2024 Data, Analytics and AI Predictions and Prescriptions for CFOs

And the predictions and prescriptions from the other experts here,

Prashanth Southekal on Data Management and Data Governance

Tobias Zwingmann on Artificial Intelligence

Arun Marar on Data Science and Data Engineering

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