AI, Analysis

GenAI risk falls under OpRisk, ORX survey finds  

By John Crowley
GenAI risk
Steve Bishop, research and information director, ORX. Image via Getty

Three quarters of financial institutions place oversight of generative artificial intelligence under operational risk but a fifth have yet to decide where ultimate responsibility of the fast-growing technology lies, according to ORX.

Data from the world’s largest operational risk association shows that a single best practice approach has ...

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