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Mastering Third-Party Vendor Risk Management in Retail and Hospitality

Hey there, fellow retail and hospitality pros! Ever feel like you’re juggling flaming torches when it comes to managing your third-party vendors? Trust me, you’re not alone. Did you know that 59% of data breaches are linked to third-party vendors? As someone who’s spent years helping businesses navigate these choppy waters, I’ve seen firsthand how…

Navigating the AI Frontier: How NIST AI 100-1 Empowers Businesses to Manage Risk and Build Trust

Navigating the AI Frontier: How NIST AI 100-1 Empowers Businesses to Manage Risk and Build Trust

Artificial intelligence (AI) is rapidly transforming industries, from healthcare and finance to manufacturing and retail. However, alongside the immense potential of AI comes a responsibility to ensure its development and deployment are ethical, trustworthy, and minimize potential risks. This is where the National Institute of Standards and Technology’s (NIST) AI Risk Management Framework (AI RMF),…