CHAPTER 8

Conclusion

Artificial Intelligence (AI) is becoming a phrase everywhere these days. You hear about AI on the television, radio, and the Internet. Risk and security has been a topic in everyone’s mind, and security issues hurt organizations and individuals in the corporate world as well as domestically. Let us recap important reminders that will benefit all walks of life.

Risk and security issues are not fun to experience. Organizations do not take these predicaments lightly and often discuss the negative impact that is created. Do not turn your face away from risk and security; the negative impacts that come with them are not fun. Natural risk and security issues may unavoidable, but mitigations can be taken to save lives. Pay careful attention to follow the steps that are available.

Risks and security issues should be identified early to minimize the impact of damages or fatal situations. Risks usually require risk management to safely manage the situation. The data must be collected well; this will help when moving forward. This may require going through checklists to ensure that appropriate questions are answered, and appropriate steps are taken. This may also include capturing historical data on both risk and security issues. The next step is to analyze accurate data carefully and accurately. The captured data may help predict the future occurrence of risk and security issues. This approach may help salvage nasty situations that can be damaging and expensive to the individual or organization.

It is important to remember that there are hybrid types of security issues that an individual or organization must deal with. Careful analysis will provide accurate direction. AI has been chosen to provide the direction. The source of the data and quality of the data are crucial in every way. The content of the book has provided various use cases that organizations can relate to. The use cases will help organizations properly strategize the route to take. This leads to organizations defining, analyzing, monitoring, controlling, and mitigating risks and security.

Data science, data analytics, and machine learning (ML) algorithms are used to analyze the data and determine corrective actions. AI can be used to carry out all the necessary determinations. Machines can learn from previous human experiences as data input and enable continuous learning from new sets of input data based on the development of mathematical algorithms. Complete AI system development uses data collection to show how risk and security data are processed with recommendations. The data collection and development offer the reader an understanding of how to tackle use cases such as AI, risk, and security in an organization. AI is producing effective and dramatic results with businesses and with organizations that desire to understand and improve risk management skills.

Risk and security have become important everywhere due to the large volume of data, different velocity, and variety of data stemming from various sources, which is illustrated and supported with case studies. Risk and security concerns appear to be growing bigger and more frequent with any amount of negative impact. An undetermined positive risk can hurt organizations when it comes to business opportunities, leading to loss of revenue. The range and breadth of risk creates havoc everywhere in the world, and on a variety of projects. Risk and security can be devastating without appropriate management and the correct tools.

A lot of effort is focused on problem statements with appropriate use cases and proposals of AI solutions using data science and ML approaches. The comprehensive description of AI, risk, and security provides concrete answers to crucial questions that many organizations are struggling with: These questions are as follows: Where are these risks and what can be done to lower the impacts? Is AI part of the answers to security mitigations? Using AI, organizations and individuals will gain knowledge and shared experiences.

This book will guide organizations that are willing to create their own AI systems for risk and security. Additionally, Bizstats.ai has numerous customized AI design tools. Individuals and organizations are welcome to contact Bizstats.ai for training on the tools used in the implementation of the AI, risk, and security.

..................Content has been hidden....................

You can't read the all page of ebook, please click here login for view all page.
Reset