In this exclusive interview, Mitratech’s Strategic Advisor – Integrated Risk Management will share how AI is evolving the Risk and Compliance function, challenges and opportunities presented for Risk and Compliance, and the need for AI Governance.
Technology
Posted inTechnology
Compliance must use AI to maximize benefits from sustainability reporting
Global pressure for sustainability reporting is rising. Despite political uncertainty and regulatory delays, companies continue to improve reports for regulators and stakeholders with the help of AI.
Posted inTechnology
U.K. to introduce mandatory ransomware reporting, raising risk of ‘box-ticking’ compliance
The U.K. will require companies to report ransomware payments, but experts warn this could lead to “box-tick” compliance rather than real cyber-resiliency, since it’s cheaper.
Posted inData Privacy
Study: Compliance managers must set rules in race to adopt AI agents and copilots
More than half of all compliance teams are “actively using” or “piloting” AI applications, according to a Moody’s report. While most are focusing on streamlining routine tasks, some are developing AI agents and asking vital questions about AI decision-making.
Posted inRisk Management
AI adoption without trust: A call for compliance professionals
Employees are adopting AI faster than companies can build policies, governance, and training. That gap creates compliance exposure in areas from data privacy to shadow IT to workplace equity.
Posted inEurope
Digital wallets to speed up regulatory checks for recruitment, property transactions
You can already buy a coffee with your phone, but soon you could start a job or buy a house with it. Digital compliance wallets holding certificates and documents on smartphones are gaining traction worldwide.
Posted inRegulatory Enforcement
FTC orders AI firms to disclose safeguards for children and teens
AI chatbots are increasingly used by children and teens, prompting the FTC to order seven AI companies to explain how they monitor potential harms to minors.
Posted inData Privacy
Google hit with $425.6 million verdict in California privacy case
Google allegedly collected personal data from mobile devices without permission, violating California privacy laws, a jury ruled in awarding more than $425.6 million to class-action plaintiffs.
Posted inTechnology
Navigating top risks in the insurance industry
Cyber threats, climate-related catastrophes, and disruptive technologies remain top risks reshaping the U.S. insurance industry. The question is how chief risk officers at the nation’s largest insurers are confronting them.
Posted inData Privacy
California privacy regulator set to launch new cyber, risk assessment and automated decision rules
Businesses operating in California will need to meet new, first-in-the-nation privacy requirements for cybersecurity, risk assessments, and automated decision-making technology, under a large expansion of rules by the state.
