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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-11-29T16:00:00
Most compliance professionals say their teams are not using artificial intelligence (AI) to assist with compliance obligations, according to Compliance Week’s “Inside the Mind of the CCO” survey.
Asked in what areas they’re using AI, 59 percent of respondents said they aren’t. The survey received 322 total responses.
Of the 41 percent of respondents who said their compliance departments are relying on AI, the most popular use cases included improving policies and procedures (19 percent), monitoring third parties and communications (12 percent each), and keeping pace with regulatory change (11 percent). More than one response was permitted.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2024-05-08T13:06:00Z By Aaron Nicodemus
Three experts join the Compliance Week podcast to discuss opportunities and risks posed by artificial intelligence, as well as governance frameworks your organization can implement to ensure AI tools are utilized safely and ethically.
2024-02-26T15:00:00Z By Camelia Gardot, CW guest columnist
Employees engaging in side businesses—part-time jobs or new company creations—can introduce a myriad of risks for a company.
2024-02-05T12:13:00Z By Neil Hodge
Tech vendors believe ESG reporting is a ripe market for artificial intelligence to help companies sift through data and ensure compliance with both mandatory and voluntary reporting standards. Compliance officers appear less sure.
2024-11-11T03:51:00Z By Compliance Week
Compliance Week’s sixth annual “Inside the Mind” survey seeks to discover what makes CCOs and other risk and compliance practitioners tick. Take 10 minutes to share your experiences and be part of our special report.
2024-09-24T13:10:00Z By Ian Sherr
As the artificial intelligence boom sweeps into the business world, employees are increasingly concerned about ethics questions and data privacy, a new Deloitte survey found, leading them to increasingly lose trust in their organizations.
2024-08-14T20:29:00Z By Aaron Nicodemus
Annual pay and bonus compensation for chief compliance officers at public companies jumped to $419,000 since 2023, while CCOs at private companies saw a slight decrease to nearly $300,000, according to a new compensation survey.
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