Author: Dr. Angelika Hellweger 24 July 2023
The ways AI can help companies conduct internal investigations are detailed in an article by Angelika Hellweger.
In a question and answer piece for LexisNexis, Angelika talks about how AI can assist businesses in identifying certain types of crime and even help predict and prevent crimes.
She outlines the benefits of using AI in internal investigations, including the increased efficiency and resulting time and cost savings. Angelika also emphasises that the increased range of AI options – and it being more affordable than it used to be – make it a more realistic option for many firms than it may have been in the past.
But she stresses that AI is only a tool - and a tool is only as good as its user. It is important, therefore, that those leading investigations do not become over-reliant on it. They must also make sure they evaluate any potentially negative consequences of using it.
Angelika states that there is a need to address the issue of regulation and ensure there is a proper legal framework for AI.
The full article can be read here. (Subscription required)
Angelika is a specialist in international, high-level economic crime investigations and large-scale commercial disputes. She has widely-recognised expertise in representing corporates and conglomerates in Europe, the Middle East, Africa and United States.