“This is one of the most important times to make sure you are appropriately balancing risk and innovation tradeoffs,” JPMorgan Chase CIO Lori Beer said.

NEW YORK – JPMorgan Chase has accelerated artificial intelligence use, building out its LLM Suite platform to support 1,000 business applications. But for the bank’s CIO, Lori Beer, security always comes first.

“We have to make sure security, how we manage risk, is front and center of everything we do,” Beer said Thursday during the Evident AI Symposium.

Beer’s remarks come after CEO Jamie Dimon voiced concerns about rogue agents and the bank’s move to prohibit outside agents from operating within its environment.

Across the financial services sector, leaders are grappling with the security implications of AI, especially as the technology evolves and agents proliferate. Aligning agents with enterprise standards and policies remains a critical challenge facing CIOs, said Marco Argenti, CIO at Goldman Sachs.

“You have to embrace the fact that any agent could misbehave,” he said. “They're not deterministic machines, they're stochastic machines.”

Tech leaders need to understand the risks of agents running within business environments, Beer said. Foundational technology controls such as identity and access management, privileged access and separation of environments need to be “best in class,” she said. Tech leaders also need to consider security controls “as you move software from a deterministic world to a non-deterministic world and it opens up new risk pathways.”

“We are going to start with one core agent-building platform,” Beer said, containing development to manage risk and allowing controls to be implemented at scale in an autonomous way.

Source link