No Jitter, November 1, 2024
No Jitter Roll: Eighty Percent of Organizations Don’t Have a Dedicated Plan to Address Generative AI Risks
According to Riskonnect’s 2024 New Generation of Risk Report, 8% of companies feel prepared for AI and AI-governance risks. Just 19% of organizations have formally trained or briefed their entire organization on generative AI risks, and only 16% say they have a budget specifically directed at mitigating AI-related risks. Eighty percent of surveyed organizations said they don’t have a dedicated plan to address generative AI risks, including AI-driven fraud attacks. The research is based on a global survey of more than 200 risk, compliance, and resilience professionals.
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