Data Privacy, Technology and AI
In the current times data is invaluable and the protection of the same has become a crucial and complex topic for most companies. Collection of larger amount of data exposes organizations to higher risks and analysis and monetisation of this data comes coupled with risk of data leaks. This can lead to reputation loss to companies further translating into confidentiality loss and financial loss. Organizations with secure data processing SOPs and an ethos of high level of compliance will be seen as trustworthy. Failure to protect data can not only lead to the loss of value of the data but also result into a commercial crisis in the age where data is an extremely valuable resource and the power of which can be harnessed in many possible ways. The main challenges faced by any organization dealing with data are security of the data collected and processed, compliance with applicable laws and progressive innovation taking into consideration the changing legal and compliance landscape.
At Helios, we understand the complexities involved when it comes to data and offer simple and customised solutions for data protection, ensuring that the balance between security, innovation and law is met.
The increased use of Artificial Intelligence (AI) to collect and analyse data, is exposing organizations to increased risks due to the inherent biases that may be present in their AI technology. We, at Helios, irrespective of your industry – infrastructure, FMCG, E-commerce, services, real estate, finance etc., under the risks involved and ensure that We offer solutions to recognise and mitigate these risks.
With the Data Protection law is on the brink of it’s arrival, basis the international principles and policies on Data and AI, Helios in collaboration with its international partners, helps organizations to get ready ahead of their time for compliance with the Data Security, Privacy and Risk mitigation principles accepted on a global level.