AI is changing how compliance teams find information, assess risk, and support business decisions, but not every AI-enabled workflow is appropriate for every task.
Artificial Intelligence
Provided by
AI in the Audit Room
Most organizations now use AI, and most have a policy for it. Far fewer test whether that policy works. When errors surface, it’s often internal audit that finds them, after the output has already reached the board, a regulator, or the public.
Posted inArtificial Intelligence
‘Rogue’ AI raises liability and insurance questions for developers and deployers
Insurance companies anticipate multi-million-dollar claims if AI developers are sued over AI wrongdoing. Recent examples of AI autonomously hacking third-party systems and evading controls have increased concern about liability cases for both developers and deployers.
Posted inArtificial Intelligence
Securing AI systems from cyber threats is a top priority, according to PwC’s Global Digital Trust Insights Survey
Cyber threats against AI systems are a top threat that business and security leaders say they feel least prepared to address, according to PwC’s 2027 Global Digital Trust Insights survey.
Posted inArtificial Intelligence
Boards put AI investments at risk due to lack of knowledge and skills, PwC survey finds
Companies risk wasting their AI investments because boards don’t rate the information underpinning the strategy and directors don’t understand how the technology works or creates value.
Posted inArtificial Intelligence
Companies responsible for decisions made by ‘autonomous’ AI, says ICO
The UK’s data regulator has issued a strong warning that companies remain responsible for protecting personal data when they use AI systems, even when the technology acts autonomously.
Posted inArtificial Intelligence
FCA warns AI may reveal more cyber vulnerabilities firms can cope with
The UK’s financial regulator has warned that the rapid pace of AI development is revealing vulnerabilities in firms’ cybersecurity arrangements because their existing controls cannot keep up with the risks new technology can either create or exploit.
Posted inArtificial Intelligence
EU’s financial regulator prioritizes AI, tokenization as key risks for 2027
The EU’s main financial regulator has made AI and tokenization—where assets are traded on blockchains rather than through traditional financial markets—key priorities for banking regulators in EU member states to focus on for 2027.
Posted inArtificial Intelligence
Don’t overestimate the value of ‘human in the loop’ for AI governance, say experts
One of the key governance tenets around the use of AI is the concept of having a “human in the loop” to query AI-generated responses and to ensure that AI outputs remain explainable, unbiased, and harmless. But there are obvious questions: Which “human” should it be left to—and should it be one person?
Posted inArtificial Intelligence
Deloitte survey exposes compliance gaps as a third of employees admit using shadow GenAI at work
Nearly a third of generative AI users bring their own GenAI tools to work and use them without their employer’s knowledge, raising important compliance concerns over issues such as cyber risks, copyright and audit trails.