77% of global businesses are adopting artificial intelligence, yet 91% feel unprepared to manage associated risks. This gap highlights a pressing need for better risk management strategies.
'The legal sector is rapidly adopting AI for improving legal research and analysis but risks outpacing their capability to manage these advanced technologies effectively,' reflects Sundar.
'In finance, AI is enhancing processes like fraud detection and customer service, yet businesses must address potential new vulnerabilities that come with these powerful tools,' emphasizes Sundar.
'Sectors that handle heavy data analytics, including retail and finance, will witness accelerated AI adoption, but they must be vigilant about risk management,' warns Venky Sundar.
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