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Trust in AI: Only 40% Assess Risks, FICO Innovates

1/21/2025

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Summary

Story summary

In Vanta’s 2024 State of Trust Report, the vital role of trust and transparency in AI for business success is underscored. Alarmingly, just 40% of organizations perform regular risk assessments amid growing AI threats. However, FICO showcases a beacon of hope, leveraging blockchain to boost accountability and slashing model recalls by over 90% with automated documentation.

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Story summary

In Vanta’s 2024 State of Trust Report, the vital role of trust and transparency in AI for business success is underscored. Alarmingly, just 40% of organizations perform regular risk assessments amid growing AI threats. However, FICO showcases a beacon of hope, leveraging blockchain to boost accountability and slashing model recalls by over 90% with automated documentation.