The regulatory readiness problem hiding in plain sight
As the EU AI Act’s transparency requirements come into force, organizations need to be on the front foot when it comes to regulatory readiness and how AI is being used. Facing fines of up to €35 million or 7% of global turnover mean it’s no longer enough to just monitor communication risks. Firms must definitively prove how those risks were identified, reviewed, and escalated.
When regulators ask questions, most compliance teams don’t face the issue of a lack of data. In most cases, the information does exist somewhere within the organization. The harder challenge is bringing that evidence together quickly, clearly, and defensibly across different systems, workflows, and teams.
SVP & GM of Arctera and Enterprise Vault.
That challenge is becoming more important as regulators place greater emphasis on demonstrable outcomes. Firms are increasingly expected to show not only that controls exist, but how those controls operate when a...
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