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Research
Security, Spend and Skepticism: What's Really Holding Back AI in Risk Management
Data fears, high costs, and low readiness are slowing AI adoption in risk management. But the longer firms wait, the more they risk falling behind.
Jun 10, 2025
Mark Norman, Head of Content, Center for Financial Professionals
Tags:
Vendor and Third Party Risk
AI and Technology (including Fintech)
The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization
- 60% of firms cite data security as a top concern
- High costs and lack of skilled staff block adoption
- Many firms are stuck in inefficient, manual systems
- Regulatory scrutiny and audit risk are rising
- Firms using AI see up to 30% efficiency gains
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