AI-powered GRC: Enhancing regulatory compliance and risk resilience in evolving cyber threat landscapes

The rapidly evolving cyber threats and increasing regulatory complexities have rendered the traditional Governance, Risk, and Compliance (GRC) frameworks useless. This paper studies how Artificial Intelligence (AI) could transform GRC frameworks to help the organization engage in proactive risk management, continuous Compliance, and greater operational resilience. GRC platforms use machine learning, natural language processing, and robotic process automation to automate mapping policies, real-time anomaly detection, and simulated attacks. The study presents the application and predicts analytics in risk identification, automated regulatory reporting, etc., along with constraints such as data privacy, algorithmic bias, or legacy systems. The findings indicate that AI can transform Stag GRC from a reactive compliance-based approach to a more strategic adaptive framework that might tackle transforming regulatory and cyber threat landscapes.

Authors

Publication Details

Journal
World Journal of Advanced Research and Reviews
Published
2024-08-30
DOI
https://doi.org/10.30574/wjarr.2024.23.3.2778
Primary Topic
Adversarial Robustness in Machine Learning
Type
article
Field-Weighted Citation Impact
0.00
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article

AI-powered GRC: Enhancing regulatory compliance and risk resilience in evolving cyber threat landscapes

Eniola Akinola Odedina
1 links
World Journal of Advanced Research and Reviews
Adversarial Robustness in Machine Learning
article

AI-powered GRC: Enhancing regulatory compliance and risk resilience in evolving cyber threat landscapes

Eniola Akinola Odedina
article en

Abstract

The rapidly evolving cyber threats and increasing regulatory complexities have rendered the traditional Governance, Risk, and Compliance (GRC) frameworks useless. This paper studies how Artificial Intelligence (AI) could transform GRC frameworks to help the organization engage in proactive risk management, continuous Compliance, and greater operational resilience. GRC platforms use machine learning, natural language processing, and robotic process automation to automate mapping policies, real-time anomaly detection, and simulated attacks. The study presents the application and predicts analytics in risk identification, automated regulatory reporting, etc., along with constraints such as data privacy, algorithmic bias, or legacy systems. The findings indicate that AI can transform Stag GRC from a reactive compliance-based approach to a more strategic adaptive framework that might tackle transforming regulatory and cyber threat landscapes.

World Journal of Advanced Research and ReviewsVol. 23(2)
Openalex Percentile: Top 73%
Adversarial Robustness in Machine Learning
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