AI & GRC #ai #grc #innovation In today’s rapidly evolving digital landscape, the integration of Artificial Intelligence (AI) into Governance, Risk, and Compliance (GRC) functions is no longer optional—it is essential. A forward-thinking organization views GRC as a strategic framework encompassing all capabilities needed to support principled performance. According to UNESCO, AI systems are information-processing technologies that integrate models and algorithms that produce a capacity to learn and to perform cognitive tasks leading to outcomes such as prediction and decision-making in material and virtual environments. AI systems are designed to operate with varying degrees of autonomy by means of knowledge modelling and representation and by exploiting data and calculating correlations. Governance: the combination of processes and structures implemented by the board to inform, direct, manage, and monitor the activity of the organization toward the achievement...
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