How do you handle Security and Compliance for AI use cases?

At Riafy, we prioritize the security and privacy of our clients’ data. As an ISO 27001-certified company, we adhere to rigorous international standards for managing information security.

Here are some key aspects of our security and compliance measures:

Client Data

• Riafy’s generative AI architecture ensures that client data is always stored within the client’s infrastructure.
• We do not use client data for training our AI skills or store it at rest within our infrastructure.
• All user conversations and logs are securely stored in the client’s infrastructure.

Data Minimization

• We follow the principle of data minimization, collecting only the necessary data required for specific AI applications.
• We anonymize and de-identify data to protect the privacy of individuals.

Access Control and Encryption

• Access to sensitive data is strictly restricted on a need-to-know basis.
• Data is encrypted both at rest and in transit using industry-standard encryption algorithms.

Regular Audits and Assessments

• Riafy undergoes regular security audits and assessments to identify potential vulnerabilities and ensure compliance with industry standards.
• We also conduct thorough risk assessments for each AI project to identify and mitigate any security risks.

Continuous Monitoring and Incident Response

• We employ sophisticated monitoring systems to detect and respond to security incidents promptly.
• Our incident response plan includes well-defined procedures for containment, eradication, and recovery.

Transparency and Client Communication

• Riafy is committed to transparency with our clients regarding data handling practices.
• We provide clear and regular updates on our security measures to ensure clients are well-informed.

Client Infrastructure and Data Security

• We work closely with our clients to ensure their infrastructure and data security measures are aligned with Riafy’s standards.
• We provide guidance and best practices to help clients strengthen their security posture.

Riafy has successfully implemented projects with major banking institutions in India, including Federal Bank and ICICI Bank, which have stringent security and compliance requirements. This demonstrates our ability to meet the highest regulatory standards of risk and compliance in the country.

By prioritizing security and compliance, Riafy enables our clients to confidently leverage AI technologies while safeguarding the privacy and integrity of their data. Our ISO 27001 certification and commitment to industry best practices underscore our dedication to providing secure and trustworthy AI solutions.