Your Konfer November Update

What is new with Konfer?

Konfer Clear for DORA and HIPAA is now available on the website, with a free trial version available for new customers. Konfer Clear checks your compliance documentation against selected regulations to generate a full gap analysis report. Konfer can also provide a certificate of compliance to indicate your organization's adherence to regulatory standards.

What are DORA and HIPAA? The Digital Operational Resilience Act (DORA) will enter into force in January 2025. The DORA framework plays a crucial role in enhancing the resilience of digital operations by providing key metrics to assess software delivery performance. HIPAA is a patient privacy law that governs use of patient data and confidentiality for healthcare providers, business partners, and insurers.

Interested in the tool, but want to use Konfer Clear for other policies and regulations? Please contact us directly and we can set up a POC for your business with policies of your choice.

As a thought leader in the field of artificial intelligence, our CEO Debu Chatterjee was invited to speak at the Indiaspora AI Summit 2.0. As a panelist, Debu discussed the unique challenges and opportunities facing us during the AI revolution, and spoke about his vision for Konfer as a leader in the field of regulatory compliance and agentic AI. Debu is actively traveling the speaker circuit - please reach out if you would like to feature him on a panel or webinar for your organization.

Sinewave AI is a health tech startup that has developed an AI ambient note-taker which generates customizable SOAP and HPI format notes to streamline documentation, while also offering suggestions for CPT and ICD-10 codes to reduce time spent on administrative tasks. Konfer’s Ishita Sharan used Konfer Playbook^TM to shepherd Sinewave through the HIPAA certification process, enabling them to reach compliance in a fraction of the time and costs it would have required using external consultancies. If your business needs HIPAA certification, we recommend trying out Konfer Clear for HIPAA; the free trial is available on our website today.

In a signal that regulatory compliance and adherence is increasing in significance, OpenAI has hired two new executives to strengthen its leadership team. Scott Schools, formerly of Uber, will serve as the company's first chief compliance officer, reflecting its response to growing regulatory scrutiny. Additionally, Aaron Chatterji, a former Biden administration official, joins as chief economist to lead research on AI's economic impacts. These hires come amid significant leadership changes at OpenAI, following a wave of talent departures in recent months, including former CTO Mira Murati. With the largest tech companies focusing more and more on compliance, it is more important than ever to have a compliance posture solution like Konfer integrated into your ecosystem.

The Executive Summary of the AI Assurance Technology (AIAT) report highlights the rise of AIAT as essential for managing AI risks, driven by public, corporate, and legislative needs. AIAT covers risk mitigation through security, compliance, auditing, and verification services across industries such as finance, healthcare, and transportation. With AI’s economic impact potentially reaching global GDP levels, AIAT will grow significantly, potentially reaching $276 billion by 2030. This industry will play a crucial role in ensuring the safe, trustworthy, and responsible deployment of AI systems.

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