How To Establish An Effective AI GRC Framework
CIO, Friday, May 16th, 2025
To get the most from artificial intelligence without falling prey to the risks, your company must implement a governance, risk, and compliance (GRC) framework specific to AI. Here's how to develop a corporate policy that works.
Enterprise use of artificial intelligence comes with a wide range of risks in areas such as cybersecurity, data privacy, bias and discrimination, ethics, and regulatory compliance. As such, organizations that create a governance, risk, and compliance (GRC) framework specifically for AI are best positioned to get the most value out of the technology while minimizing its risks and ensuring responsible and ethical use.
Most companies have work to do in this area. A recent survey of 2,920 worldwide IT and business decision-makers conducted by Lenovo and research firm IDC found that only 24% of organizations have fully enforced enterprise AI GRC policies.