**

EY Leverages NVIDIA's Power: New AI-Driven Risk Management Solutions on EY.ai Agentic Platform Transform Enterprise Security

The global landscape of enterprise risk management is undergoing a seismic shift, fueled by the rapid advancement of artificial intelligence (AI) and the increasing complexity of cyber threats. Ernst & Young (EY), a global leader in professional services, is at the forefront of this transformation, announcing the launch of its cutting-edge risk management solutions built on the EY.ai Agentic Platform, significantly accelerated by NVIDIA's high-performance computing capabilities. This development marks a pivotal moment in the evolution of risk mitigation strategies, offering businesses unprecedented levels of accuracy, speed, and scalability in identifying and addressing potential threats.

Revolutionizing Risk Management with AI and Accelerated Computing

For years, businesses have relied on traditional, often manual, methods for risk assessment and management. These methods are frequently slow, resource-intensive, and struggle to keep pace with the ever-evolving threat landscape. The introduction of EY's new AI-powered risk management solutions, leveraging the power of NVIDIA's GPUs, promises to drastically alter this paradigm. This innovative approach leverages the capabilities of generative AI and large language models (LLMs) to analyze vast quantities of data with unparalleled speed and accuracy, identifying subtle patterns and anomalies that might otherwise go unnoticed.

Key Features of EY's AI-Driven Risk Management Solutions:

• Enhanced Threat Detection: The platform utilizes advanced machine learning algorithms to identify emerging threats and vulnerabilities in real-time, significantly improving proactive security measures. This includes identifying anomalies in network traffic, suspicious user behavior, and potential data breaches.
• Predictive Risk Analysis: By analyzing historical data and leveraging predictive modeling techniques, the platform can anticipate future risks and help organizations prepare accordingly. This proactive approach is crucial in mitigating potential financial losses and reputational damage.
• Automated Response Mechanisms: The platform is designed to automate various aspects of risk response, streamlining incident handling and reducing the time required to contain and resolve security breaches. This includes automated alerts and prioritized incident responses based on risk severity.
• Improved Compliance and Auditability: The platform ensures that organizations maintain compliance with relevant regulations and industry best practices, significantly simplifying the audit process and reducing the risk of penalties.
• Scalability and Flexibility: Designed for adaptability, the platform can easily scale to accommodate the specific needs of organizations of any size, across various industries.

The Power of NVIDIA's Accelerated Computing

The core of EY's new risk management solutions lies in its strategic partnership with NVIDIA. NVIDIA's high-performance computing infrastructure, particularly its GPUs, provides the necessary computational power to process and analyze the enormous volumes of data required for effective AI-driven risk management. This acceleration significantly reduces processing time, allowing for real-time threat detection and immediate responses. This integration allows for the effective training and deployment of sophisticated AI models, improving the accuracy and efficiency of risk assessments. The use of NVIDIA's technology represents a considerable advancement in the field, transforming previously time-consuming tasks into efficient processes.

Benefits of NVIDIA's GPU Acceleration:

• Faster Processing Speeds: NVIDIA GPUs drastically accelerate the training and inference of AI models, allowing for real-time threat detection and analysis.
• Enhanced Accuracy: The increased processing power allows for the use of more complex and accurate AI algorithms, leading to improved risk identification and prediction.
• Scalability and Flexibility: NVIDIA's infrastructure enables the platform to easily scale to accommodate growing data volumes and evolving security needs.
• Cost-Effectiveness: While initially involving investment, the accelerated processing and improved accuracy ultimately lead to reduced costs associated with breaches and remediation efforts.

Implications for Businesses Across Industries

The impact of EY's new AI-driven risk management solutions extends across various industries. From finance and healthcare to manufacturing and retail, organizations face unique and evolving risk profiles. This platform provides a unified and adaptable approach to risk management, allowing businesses to tailor their security strategies to their specific needs. This translates to:

• Reduced Operational Costs: By proactively identifying and mitigating risks, businesses can avoid costly breaches, disruptions, and regulatory fines.
• Improved Business Resilience: The platform equips organizations to withstand and recover from unforeseen events, ensuring business continuity.
• Enhanced Decision-Making: Access to accurate and timely risk insights allows for informed decision-making, optimizing resource allocation and strategic planning.
• Strengthened Cybersecurity Posture: Proactive threat detection and rapid response mechanisms significantly bolster an organization's overall cybersecurity posture.

The Future of Risk Management: A Proactive and AI-Powered Approach

EY's strategic alliance with NVIDIA is a significant step toward a future where risk management is proactive, predictive, and AI-driven. This innovative approach transforms the way businesses manage their risks, moving beyond reactive measures towards a more comprehensive and secure future. The integration of advanced AI and high-performance computing represents a paradigm shift, offering unprecedented opportunities for organizations to protect their assets, enhance their resilience, and thrive in an increasingly complex and dynamic world. This strategic partnership demonstrates a commitment to leveraging cutting-edge technology to enhance the security and stability of businesses globally, setting a new standard for enterprise risk management in the age of AI. The implementation of such advanced solutions will undoubtedly shape the future of cybersecurity and risk mitigation strategies across multiple sectors.