Giant Oak Founder & CEO Equips Parliamentarians to Embrace Artificial Intelligence as the Future of Discovering Illicit Trade and Finance
by Pinkston, on Apr 30, 2021 7:48:41 AM
The Parliamentary Intelligence-Security Forum hosts a variety of webinars and regular discussions on topics spanning from counterterrorism, financing, cybersecurity, intelligence sharing, and more. The webinar included a mix of working knowledge for legislative initiatives and delivered information on innovative technologies that enhance stronger collaboration around the globe.
“It is a great passion of mine to talk with professionals dedicated to fighting for public safety and security like those who were a part of this Parliamentary Intelligence-Security Forum about the intersection of artificial intelligence and machine learning and how the technologies can be used to discover unknown risks,” said Shiffman, founder and CEO of Giant Oak and co-founder and CEO of Consilient.
“Big data, machine learning and artificial intelligence are revolutionizing the way we detect crime. However, financial institutions, governments and other organizations who desire to fight bad actors engaged in illicit behaviors need the right data for training and testing of these models,” said Shiffman, who presented on the need for more efficient, more effective crime detection technologies. “The current discovery rates across many institutions are extremely low, and many illicit behaviors such as money laundering and human trafficking remain undetected. I want to suggest that we think about these technologies as a means of generating better leads in detecting crime.” Shiffman concluded by emphasizing the importance of measuring the performance of artificial intelligence and machine learning.
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