Benefits of AI in GRC

1. Automation Benefits of AI in GRC AI is revolutionizing Governance, Risk, and Compliance (GRC) by automating processes, enhancing accuracy, and reducing operational risks. This infographic highlights key metrics showcasing the powerful impact of AI on driving efficiency and excellence in GRC. AI IN GOVERNANCE AI automates policy enforcement and document management, significantly improving adherence and reducing update times, as noted by IBM and Deloitte. Additionally, AI-driven training personalizes content, boosts engagement and comprehension, according to a well-known professional services company. Policy Adherence Improvement: 95% Reduction in Time for Policy Updates: 45% Impact of AI Increase in Employee Engagement: 30% Improvement in Policy Comprehension: 25% AI IN RISK MANAGEMENT AI significantly enhances risk management by swiftly identifying insider threats, reducing errors in threat detection, minimizing the number of security breaches, and automating the risk analysis process. These improvements are backed by studies from leading tech companies and professional services firms, demonstrating AI's effectiveness in strengthening organizational security and efficiency. Impact of AI on Risk Management Metrics 80 Percentage Reduction 60 40 20 0 Time to Detect Incidents Threat Detection Errors Security Breaches Time for Risk Analyses AI IN COMPLIANCE MANAGEMENT AI-powered compliance systems accurately identify regulatory changes and reduce errors, according to PwC. It also streamlines due diligence and regulatory filings, significantly reducing manual effort and preparation time, as highlighted by studies from KPMG and Deloitte. Regulatory Accuracy Errors Reduced Manual Effort Reduced Filing Time Reduced Impact of AI on Compliance Metrics % % % % % % 0 20 40 60 80 100 VALUABLE BUSINESS BENEFITS OF AI AI FOR GRC EXCELLENCE Automated Policy Updates: Quickly identify and enforce new regulations, including EU AI Act compliance. Organizations planning to invest in AI- driven GRC by 2025 85% Risk Categorization: Automatically categorize and map risks to regulatory requirements for streamlined management. CAGR of the global market for AI-powered GRC solutions by 2027 23% Global market for AI-powered GRC solutions in 2027: Real-Time Metadata: Keep AI factsheets up-to- date, ensuring transparency for audits and compliance checks. 7.2 billion Transform your GRC strategy with AI — reach out to us today! www.itechgrc.com *Data Source: IRJET