Mark Lowther highlights AI-related risks SMEs face and how to manage them responsibly
In a recent Insurance Post article, Mark Lowther, head of technology, discusses the growing legal, ethical, and cybersecurity risks that come with relying on AI tools.
While AI continues to develop rapidly, promising faster processes, improved efficiencies, and even reduced costs, it’s important to recognise the new risks that come with these benefits that many SMEs may not be prepared to address.
In this piece, Lowther delves into the real-life risks that have the potential to create reputational harm, financial loss, or legal liability, and how SMEs can work to protect themselves through more robust risk management, as well as having the right level of insurance cover in place.
It’s vital that AI is treated with the same rigour and responsibility as any other business process.
Read the full article here and find out more about how we support the UK’s thriving tech business community.