Governance gaps can emerge when AI tools are deployed. This happens because organizations often focus on the business aspects of adopting AI. As a result, security and procurement oversight may not be considered.
The pace of change is a challenge in managing AI risks. Organizations are implementing AI systems quickly, and oversight processes struggle to keep up. A report found that many organizations are using AI faster than they can understand its implications.
Further details on AI adoption and risk management are available from a guide by Vanta, including information on third-party risk implications and effective governance.
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