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    Iveda Applauds the Department of Homeland Security's New AI Guidelines

    11/22/24 8:30:00 AM ET
    $IVDA
    Computer Software: Prepackaged Software
    Technology
    Get the next $IVDA alert in real time by email

    Iveda Reaffirms Commitment to Ethical AI Deployment Under DHS SAFETY Act DT&E Designation

    Iveda® (NASDAQ:IVDA), a global leader in cloud-based AI technology, commends the U.S. Department of Homeland Security (DHS) for unveiling its groundbreaking Roles and Responsibilities Framework for Artificial Intelligence in Critical Infrastructure. As a U.S. Department of Homeland Security SAFETY Act (Support Anti-terrorism by Fostering Effective Technologies Act of 2002) designated company since 2009, Iveda welcomes this initiative as a significant milestone in advancing the safe and ethical deployment of AI technologies.

    "We are delighted to see the Department of Homeland Security addressing the transformative potential of AI, and leading the charge for the globe on responsible deployment," said David Ly, CEO and founder of Iveda. "DHS's proactive approach, beginning with their AI roadmap earlier this year and culminating in the framework for AI deployment in critical infrastructure that was just announced, sets a strong precedent for responsible innovation. Holding a SAFETY Act DT&E Designation for IvedaAI, Iveda is committed to advancing the establishment of ethical standards and guidelines to ensure AI technologies are secure, innovative, and responsibly deployed."

    DHS Secretary Alejandro N. Mayorkas emphasized the importance of this initiative in a recent press release, stating, "AI offers a once-in-a-generation opportunity to improve the strength and resilience of U.S. critical infrastructure, and we must seize it while minimizing its potential harms."

    The Roles and Responsibilities Framework for Artificial Intelligence in Critical Infrastructure represents a landmark effort, bringing together leaders from industry, academia, civil society, and government to develop clear, actionable recommendations for the responsible use of AI in critical infrastructure. This first-of-its-kind collaboration provides guidance tailored to each layer of the AI supply chain, including cloud and compute providers, AI developers, and critical infrastructure operators, while also addressing the concerns of public sector entities and consumer advocates.

    "We give kudos to DHS for their leadership in establishing AI guidelines that balance innovation with security and ethical considerations," Ly added. "This is not just significant for the United States but also for international markets abroad where Iveda is doing business such as Europe, Asia, Africa, the Middle East, and beyond, where there is a growing interest in learning from U.S. standards on AI ethics and responsible use."

    As global interest in AI ethics and standards grows, Iveda is committed to contributing its expertise and leadership to foster a more secure and responsible AI landscape worldwide.

    About Iveda Solutions®

    Iveda (NASDAQ:IVDA) is a leading provider of cloud-based AI video search and surveillance technologies that protect people, places, and assets worldwide. With solutions that enable instant intelligence across existing infrastructures, Iveda empowers cities and organizations to seamlessly embrace the advancements of the fifth industrial revolution. Operating at the forefront of digital transformation, Iveda's IoT platforms and smart devices support public safety, security, elder care, energy efficiency, and environmental preservation initiatives. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is committed to delivering innovative technologies that make a meaningful impact.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241122873512/en/

    Get the next $IVDA alert in real time by email

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    Q&A

    New
    • What recent commitment has Iveda made regarding AI technologies?

      Iveda has reaffirmed its commitment to the ethical deployment of AI technologies as recognized by the U.S. Department of Homeland Security's new framework for AI in critical infrastructure.

    • Why is the DHS's new framework for AI deployment considered significant?

      The DHS's initiative is significant as it aims to establish ethical standards for AI, which are intended to guide the responsible use of AI in critical infrastructure while addressing security and ethical concerns.

    • What did Iveda's CEO say about the importance of DHS's initiative for AI?

      David Ly, the CEO of Iveda, highlighted that this initiative sets a strong precedent for responsible innovation in AI and emphasizes the importance of establishing ethical guidelines in the field.

    • Who is involved in developing the 'Roles and Responsibilities Framework for Artificial Intelligence in Critical Infrastructure'?

      The framework involves collaboration among leaders from industry, academia, civil society, and government to create actionable recommendations for responsible AI use, covering various aspects of the AI supply chain.

    • How does Iveda plan to engage with global markets regarding AI standards?

      As a designated SAFETY Act company since 2009, Iveda aims to contribute to global discussions on AI ethics and standards, reflecting its commitment to responsible AI practices internationally.

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