Plans to encourage audit firms to provide companies with details about how they use AI as part of their audit work have been broadly welcomed, but even such use of the latest advanced technology doesn’t alleviate fears around how corporate data may be used, secured, retained, and even made public.

Neil Hodge is a freelance business journalist and photographer based in Nottingham, United Kingdom. He writes on insurance and risk management, corporate governance, internal audit, compliance, and legal...