
Risk Management Show
AI in GRC: Risks and Opportunities You Must Know with Raghuram Srinivas
Mar 12, 2025
In this engaging discussion, Raghuram Srinivas, Head of Products and Innovation at MetricStream, shares his extensive expertise in risk management and cybersecurity. He dives into how AI is revolutionizing governance, risk, and compliance, highlighting both opportunities and ethical challenges. The conversation covers the nuances of AI regulations, the vital role of human oversight, and the pressing need for skill development in the workforce. Raghuram's actionable insights are crucial for professionals navigating the evolving landscape of AI in risk management.
29:25
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Quick takeaways
- AI integration in GRC offers significant efficiency gains, but organizations must prioritize ethical considerations like data privacy and algorithmic bias.
- The evolving regulatory landscape necessitates businesses to adapt their compliance strategies, emphasizing the training of qualified auditors to manage AI-related challenges.
Deep dives
The Evolution of AI in Business
AI is rapidly becoming a fundamental component of business operations, paralleling past technological shifts. The democratization of AI, exemplified by tools like ChatGPT and Google Gemini, has prompted organizations to embrace AI for its potential benefits. Historically, trends in technology—such as the shift from ERP systems to SaaS—have eventually become standard, suggesting that AI will similarly gain ubiquitous acceptance in applications. Companies are urged to integrate AI responsibly, ensuring robust governance and risk management practices to navigate associated ethical complexities.
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