Confusion between strategic and operational risk management limits an organization's ability to manage them effectively.

Third Party Risk Management (TPRM)Governance, Risk & Compliance

Strongly agree5%

Agree63%

Neutral23%

Disagree5%

Strongly disagree2%

Other (please specify)

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Is your organization’s AI governance model centralized, federated or decentralized?

Centralized AI governance model 18%

Federated AI governance model 55%

Decentralized AI governance model 18%

We don’t currently have an AI governance model 9%

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What are some best practices to follow when your organization is preparing to end a vendor relationship? What can you do to minimize the operational disruption that would result?

Which teams have a role in deciding which compliance technology to purchase?

Security46%

IT75%

Legal46%

Compliance (We have a dedicated leader)21%

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What processes do you follow to audit AI models for compliance with evolving privacy regulations? How frequently do you run these audits?

What learnings have emerged for your organization in its efforts to secure and govern AI so far? How are you planning to iterate on your strategy over the next year?