Right to be Forgotten

Governance

The system of policies, rules, and processes by which activities are directed, controlled, and managed.

Data Sovereignty

The concept that data is subject to the laws and governance structures of the country where it is collected or processed.

Internal Audit

An independent assurance function that evaluates the effectiveness of an organisation's internal controls and governance.

COBIT

Control Objectives for Information and Related Technologies — a framework for IT governance and management.

Business Ethics

The application of ethical principles and moral standards to business activities, decisions, and relationships.

Anti-Money Laundering

Laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.

Whistleblower Protection

Legal provisions protecting individuals who report illegal or unethical practices within organisations.

Information Classification

The process of categorising data based on its sensitivity level and the impact of unauthorised disclosure.

Acceptable Use Policy

A document defining the permitted use of an organisation's IT resources and networks.

AI Regulation

The developing body of laws and policies governing the development, deployment, and use of artificial intelligence systems.

Algorithmic Accountability

The principle that organisations should be answerable for the outcomes and impacts of their algorithmic systems.

Model Risk Management

The governance framework for identifying, measuring, and mitigating risks arising from AI and analytical models.

Evaluating the potential risks of engaging with a vendor including security, financial, and operational concerns.

The international standard for AI management systems that specifies requirements for establishing, implementing, maintaining, and improving AI governance within organisations.

The proper handling of personal data including collection, storage, processing, and sharing in compliance with regulations.

The process of verifying the identity, suitability, and risks of customers in financial transactions.

The European Union's comprehensive legislation establishing rules for the development and use of AI systems based on risk levels.

An independent assessment of an AI system's compliance with regulatory requirements, ethical standards, and organisational policies, examining data, models, outputs, and governance.

A controlled environment where businesses can test innovative products and services under regulatory oversight.

A systematic evaluation of the potential social, economic, and civil rights impacts of an automated decision-making system before and after deployment.