This Harvard Business Review white paper explores how AI can transform risk and compliance management in an increasingly complex regulatory environment. It shows how AI and machine learning enhance governance, risk, and compliance (GRC) by automating data-intensive tasks, detecting fraud, monitoring cybersecurity threats, and interpreting regulations across industries. Case studies from banks, healthcare, and exchanges demonstrate AI’s ability to reduce manual work, strengthen oversight, and increase resilience. The paper stresses responsible AI adoption through frameworks like NIST, third-party validation, and robust governance. Ultimately, organizations that digitize risk and compliance with AI gain agility, reduce costs, and build long-term resilience.

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