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HOW COLLABORATION CAN LIGHT THE WAY FOR AI REGULATION
There is significant potential for AI usage within the security and compliance industry . And yet , a lack of regulation is holding progress back . There is a consensus that if governments take the lead on regulation , they will stifle innovation . While if individuals take the lead , they will neglect protection . The solution then is a more collaborative approach – to innovation , but also to safety . Matt Cooper , Director , GRC at Vanta , explores how collaboration can light the way for AI regulation .
I IS CONSTANTLY PROVING
A its ability to accelerate cumbersome tasks and free individuals up to dedicate their time to high-value activities . This is no different for those working in the security and compliance industry . According to data from Vanta ’ s State of Trust 2024 report , time spent on compliance tasks for UK organisations has reached over 12 working weeks a year . Given the obvious opportunity for AI to revolutionise this time-heavy task , it ’ s perhaps no surprise that two-thirds ( 66 %) of UK businesses plan to invest more in security around the use of AI within their organisation in the next year .
AI can truly be transformative for how businesses streamline workflows and demonstrate continuous compliance . However , a lack of regulation – or at least a lack of pace associated with regulation – is holding this
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