HRO Today, October 18, 2023

A research survey of more than 300 risk and compliance professionals conducted by Riskonnect finds that while 93% of companies recognize the risks associated with using generative AI inside the enterprise, only 9% say they’re prepared to manage the threat. The survey finds that only 17% of risk and compliance leaders have formally trained or briefed their organizations on the risks of using generative AI.

“Generative AI is taking off at lightning speed and ushering in a new wave of business risks,” said Jim Wetekamp, chief executive officer, Riskonnect. “Our research shows that most companies have been slow to respond, which creates vulnerabilities across the enterprise. The risk of generative AI is the latest example of how quickly today’s risk landscape evolves. We’ve officially entered a new generation of risk.”

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