Minimising your AI risk (Keeping your firm and client data safe)
AI is already in your firm whether you've rolled it out or not
DRAFT OUTLINE (USE THE FEEDFORWARD BOX TO SHAPE THE CONTENT) Est date for delivery End of July AI is already in your firm whether you've rolled it out or not. Staff are using ChatGPT on their personal accounts. Clients are sending you AI-generated documents. The software you already pay for has it baked in, whether you've turned it on or not. That's fine. But it does mean the risks are already live, and most firms haven't done anything about them. This session walks through what those risks actually are, what the regulators expect, and what you need in place to keep your firm and your clients safe. What's covered -Where your data actually goes when you use AI tools, and how to check -The difference between free and paid tier privacy settings -The risks that catch firms out (and the ones you can stop worrying about) -What regulatory bodies and the ICO expect from your firm - How AI is being used to target accounting firms - What 'shadow AI' looks like in your firm and how to spot it - The minimum you need in place before anyone touches an AI tool for client work You'll walk away with: A practical tick-list of what to do in your firm next week. Plus a discount code for the AI Usage Policy Template if you want a head start on the policy side.
Your instructor
Billie McLoughlin FCCA
Teaching AI for UK practice, without the hype.