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Where are you in your AI maturity journey? Nearly half of organizations are experimenting with AI for GRC, but only leading organizations truly embed it for impactful decision-making.
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Are you overlooking gaps in your compliance program? Regulations are evolving faster and covering more domains, leaving organizations without a centralized strategy vulnerable. In this survey report, 400+ audit, risk, and compliance professionals share their biggest regulatory compliance challenges. Download a copy today for ways to sharpen your focus and effectively address compliance in this volatile environment.
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Regulatory burdens are increasing, with new requirements covering more domains and differences between regions adding to the complexity. On average, the financial industry spends a whopping $181B on compliance annually.
In the last decade, the emergence of artificial intelligence, particularly generative AI that can craft entirely original content with just instructions, has been the most significant technological leap. The coming years will be defined by how corporations can leverage AI for responsible and profitable gains.
This document emphasizes the importance of adopting a common risk language, fostering open communication, and utilizing multidirectional risk assessments to align corporate audit and IT risk teams effectively.
Learn the seven critical focus areas to navigate AI regulation through ISO 42001 and NIST.
Learn the seven critical focus areas to navigate the EU AI Act and achieve compliance.
Key insights from the report indicate that compliance officers will need to play a critical role in 2024, not only in reacting to regulatory changes but also in proactively shaping risk management strategies that align with both current and future business models.