Latest news with #NISTAIRMF
Yahoo
17-06-2025
- Business
- Yahoo
2025 AI Governance Survey Reveals Critical Gaps Between AI Ambition and Operational Readiness
Technical leaders knowingly prioritize AI adoption despite governance shortcomings, while smaller organizations lack regulatory awareness LEWES, Del., June 17, 2025 (GLOBE NEWSWIRE) -- Pacific AI, the healthcare AI governance company, today announced the results of the 2025 AI Governance Survey, exploring how organizations are managing the risks and responsibilities of deploying generative AI systems. Conducted in April and May by Gradient Flow, the results highlight the priorities, practices, and concerns of professionals and technology leaders in this space. The results will be presented in an upcoming webinar on the state of AI governance taking place at 2pm ET on June 18. As AI becomes foundational for modern business, governance should be top of mind. However, the results indicate that the pressure to innovate is outpacing the ability to scale AI systems safely and responsibly. Despite 75% of respondents reporting the existence of AI usage policies, only 59% have dedicated governance roles, and just 54% maintain incident response playbooks for AI-specific risks. Fewer than half (48%) of organizations are monitoring their AI systems for accuracy, misuse, or drift—numbers that drop drastically in small firms. The leading barrier to effective governance is the pressure to move fast. Nearly half (45%) of all respondents—and 56% of technical leaders—cite speed-to-market as the top challenge, often resulting in shortcuts that compromise safety. Technical leaders, who are driving the most aggressive deployment timelines, are simultaneously those most aware of these governance shortcomings. Other key findings show: Production Reality Gaps. Only 30% of organizations have deployed generative AI systems to production, with just 13% managing multiple deployments. Large enterprises are five times more likely than small firms to have multiple systems running. Technical Leader Ambition. Technical Leaders drive more aggressive adoption, with 48% targeting 3-5 new use cases versus 25% for other roles. Small Company Vulnerability. Small companies consistently lag in governance maturity: only 36% have governance officers (vs 62-64% for larger firms), and just 41% provide annual AI training (vs 59-79%). Regulatory Awareness Deficits. Familiarity with frameworks like NIST AI RMF remains concentrated in large enterprises. Small companies report only 14% familiarity with most major standards, exposing compliance risk. Immature Incident Response. Many organizations lack protocols for AI-specific failure modes, such as prompt injection attacks or biased outputs, indicating a lack of capabilities beyond traditional IT playbooks. "This survey exposes a growing disconnect between AI policy and practice. Organizations that don't address it are playing with fire and they know it," said David Talby, CEO, Pacific AI. "Without responsible AI practices baked into the entire AI development lifecycle, developers and thereby the organizations they work for are escalating legal, financial, and reputational risks." To help, Pacific AI provides a free AI Policy Suite available to anyone. Recent updates include an AI Incident Reporting Policy addressing some of the major gaps reported in the survey. Conforming to 110 different laws, regulations, and industry standards, the Policy Suite ensures companies are operating legally anywhere in the US. This can be especially beneficial to smaller organizations with limited resources that still need to track and implement evolving legislation and industry standards. Register here for our upcoming webinar,'The State of AI Governance,' detailing the research and outlining the priorities, practices, and concerns of technology leaders using AI. Read the full survey report here. To learn more about Pacific AI, visit About Pacific AIPacific AI is dedicated to helping organizations deliver AI systems that comply with the rapidly evolving regulatory landscape in the USA. Whatever your starting point, Pacific AI can help you reach the next level of AI governance, implement tools and controls for compliance, or audit and certify what you've already built. To learn more, visit: ContactGina DevineHead of CommunicationsPacific AI in to access your portfolio

Associated Press
12-06-2025
- Business
- Associated Press
Workday Achieves Top AI Certifications, Reinforcing Commitment to Responsible AI
Company Achieves ISO 42001 and NIST AI RMF Alignment for Ethical AI PLEASANTON, Calif., June 12, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced that it has earned two highly respected third party accreditations for its AI governance program. These certifications affirm Workday's leadership in building AI responsibly and fostering trust in its products and services. Workday has achieved ISO 42001 accreditation, a prestigious international recognition signifying the company's commitment to developing AI responsibly and transparently. The company also received independent attestation of alignment with the National Institute of Standards in Technology AI Risk Management Framework (NIST AI RMF), a rigorous set of best practices developed by the U.S. Department of Commerce that demonstrates the company's ability to manage AI risks effectively when developing AI. Workday proactively and voluntarily underwent these stringent evaluations to provide customers with unparalleled confidence in the company's AI development practices. These accreditations, independently verified by leading assessors Schellman and Coalfire, underscore Workday's dedication to developing AI responsibly, including protections for fundamental human rights, safety, security, and privacy. 'Workday is committed to developing AI that amplifies human potential and inspires trust,' said Dr. Kelly Trindel, chief responsible AI officer, Workday. 'Our robust responsible AI governance program is key to delivering the innovative, trustworthy products our customers expect, and this dual recognition affirms our leadership in this critical area.' In light of rapidly evolving AI standards and regulations, this strategic step directly addresses any concerns about how the company identifies and mitigates potential AI risks to fundamental human rights and safety. 'Workday demonstrated a strong AI governance program along with the internal expertise to manage the risks induced by using AI within their SaaS products,' said Mandy Pote, managing principal, Coalfire. 'During the assessment, Workday not only articulated the design of its AI program but also provided clear documentation and evidence to substantiate its AI risk practices.' 'We are proud to have been Workday's trusted partner in achieving ISO 42001 certification. As a leader in enterprise cloud applications for finance and HR, Workday continues to set the standard for responsible AI in the technology sector,' said Danny Manimbo, principal and ISO practice leader, Schellman. 'This achievement reflects their commitment to embedding trust, transparency, and governance into the very core of their AI-driven innovations—values we are proud to support.' About Workday Workday is the AI platform for managing people, money, and agents. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit Forward-Looking Statements This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ('SEC'), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. © 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. View original content to download multimedia: SOURCE Workday Inc.


Associated Press
28-04-2025
- Business
- Associated Press
AuditBoard Launches AI Governance Solution to Help Customers Optimize AI Innovation
New solution embeds AI governance into audit and risk platform, strengthens oversight, streamlines compliance, and scales responsible AI adoption SAN FRANCISCO, April 28, 2025 /CNW/ -- AuditBoard, the leading global platform for connected risk, transforming audit, risk, and compliance, today announced a robust new AI governance solution at the RSAC™ Conference in San Francisco, California. This solution enables customers to fast-track their AI risk management programs and drive responsible AI innovation and adoption at scale. AuditBoard's new AI governance solution will help customers meet AI best practices outlined in frameworks like the National Institute of Standards and Technology's AI Risk Management Framework (NIST AI RMF), protecting their organizations from the cyber, reputational, and financial risks associated with noncompliance. 'This solution will help compliance teams address the widespread and urgent need for AI governance we are seeing across all industries,' said Happy Wang, Chief Technology Officer at AuditBoard. 'Our customers can now quickly identify, assess, and mitigate potential risks associated with AI systems, ensuring a more efficient and proactive approach to managing AI.' The growing appetite for AI governance is undeniable as organizations across industries increasingly integrate AI into their processes. A recent survey conducted by AuditBoard and Ascend2 found that 72 percent of audit, risk, and compliance practitioners believe AI will significantly impact their risk management processes. However, while excitement and optimism around AI are palpable, organizations need to strike a balance between embracing AI's opportunities and ensuring they are deploying AI responsibly. Uptake of the technology has been swift, with more than 80 percent of AuditBoard AI customers accepting generative content into their systems of record. To help customers ensure responsible governance of not just AuditBoard AI, but any AI tool or model in their environment, AuditBoard's AI governance solution expedites AI risk management programs and ensures responsible AI usage by: 'My team is responsible for assessing each AI use case at AuditBoard and ultimately giving the green light,' said Anthony Plachy, General Counsel at AuditBoard. 'With the surge in AI tools we are seeing in the market, our use cases across the business have started to increase rapidly. The team was able to build this AI governance solution to help us manage the uptick of requests we have coming in, while ensuring each use case meets our internal AI governance standards. This solution has fundamentally transformed our team's work, and we're confident it will empower our customers to effectively navigate their AI journey.' To see these new capabilities in action, visit the AuditBoard booth at the RSAC conference or visit About AuditBoard AuditBoard's mission is to be the category-defining global platform for connected risk, elevating our customers through innovation. More than 50% of the Fortune 500 trust AuditBoard to transform their audit, risk, and compliance management. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the sixth year in a row as one of the fastest-growing technology companies in North America by Deloitte. Contact: Laura Groshans [email protected] View original content: SOURCE AuditBoard, Inc


Cision Canada
28-04-2025
- Business
- Cision Canada
AuditBoard Launches AI Governance Solution to Help Customers Optimize AI Innovation
New solution embeds AI governance into audit and risk platform, strengthens oversight, streamlines compliance, and scales responsible AI adoption SAN FRANCISCO, April 28, 2025 /CNW/ -- AuditBoard, the leading global platform for connected risk, transforming audit, risk, and compliance, today announced a robust new AI governance solution at the RSAC™ Conference in San Francisco, California. This solution enables customers to fast-track their AI risk management programs and drive responsible AI innovation and adoption at scale. AuditBoard's new AI governance solution will help customers meet AI best practices outlined in frameworks like the National Institute of Standards and Technology's AI Risk Management Framework (NIST AI RMF), protecting their organizations from the cyber, reputational, and financial risks associated with noncompliance. "This solution will help compliance teams address the widespread and urgent need for AI governance we are seeing across all industries," said Happy Wang, Chief Technology Officer at AuditBoard. "Our customers can now quickly identify, assess, and mitigate potential risks associated with AI systems, ensuring a more efficient and proactive approach to managing AI." The growing appetite for AI governance is undeniable as organizations across industries increasingly integrate AI into their processes. A recent survey conducted by AuditBoard and Ascend2 found that 72 percent of audit, risk, and compliance practitioners believe AI will significantly impact their risk management processes. However, while excitement and optimism around AI are palpable, organizations need to strike a balance between embracing AI's opportunities and ensuring they are deploying AI responsibly. Uptake of the technology has been swift, with more than 80 percent of AuditBoard AI customers accepting generative content into their systems of record. To help customers ensure responsible governance of not just AuditBoard AI, but any AI tool or model in their environment, AuditBoard's AI governance solution expedites AI risk management programs and ensures responsible AI usage by: Streamlining AI use case intake, review, and approval processes Establishing a single source of truth for approved AI use cases and models to responsibly federate decision-making Dynamically linking AI risks to vendors, assets, and controls to continuously monitor AI risks across ecosystems "My team is responsible for assessing each AI use case at AuditBoard and ultimately giving the green light," said Anthony Plachy, General Counsel at AuditBoard. "With the surge in AI tools we are seeing in the market, our use cases across the business have started to increase rapidly. The team was able to build this AI governance solution to help us manage the uptick of requests we have coming in, while ensuring each use case meets our internal AI governance standards. This solution has fundamentally transformed our team's work, and we're confident it will empower our customers to effectively navigate their AI journey." To see these new capabilities in action, visit the AuditBoard booth at the RSAC conference or visit AuditBoard. com. About AuditBoard AuditBoard's mission is to be the category-defining global platform for connected risk, elevating our customers through innovation. More than 50% of the Fortune 500 trust AuditBoard to transform their audit, risk, and compliance management. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the sixth year in a row as one of the fastest-growing technology companies in North America by Deloitte.