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Gartner: AI-Related Risks See Greatest Audit Coverage Increases in 2024

The rapid growth and adoption of generative AI (GenAI) has resulted in a scramble to provide audit coverage over potential risks arising from use of the technology, according to a survey by Gartner, Inc.

“As organizations increase their use of new AI technology, many internal auditors are looking to expand their coverage in this area,” said Thomas Teravainen, research specialist with the Gartner for Legal, Risk & Compliance Leaders practice. “There are a range of AI-related risks that organizations face from control failures and unreliable outputs to advanced cyberthreats. Half of the top six risks with the greatest increase in audit coverage are AI-related.”

Read more here:

https://outlookseries.com/A0766/Financial/3787_Gartner_AI_Related_Risks_Audit_Coverage_Increases.htm

QuantexaFelix Hoddinott shares some thoughts ...

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