AI in GRC: Unlocking Efficiency or Unleashing Bias?

In 2026, the Philippine GRC landscape stands at a pivotal crossroads, propelled by AI-driven innovation and besieged by escalating cyber threats, regulatory flux, and geopolitical volatility. 

Conglomerates and MNCs are accelerating GRC modernization through digital transformation and technology innovation, shifting toward integrated, AI-powered frameworks that simplify operations, elevate risk management from reactive compliance to proactive strategic intelligence, and deliver actionable, real-time insights directly to the board for informed decision-making. 

This evolution enables real-time risk oversight, automated compliance, and consolidated views of organizational risk, while addressing talent shortages, corruption probes, and economic headwinds that demand resilient financial strategies.

For GRC teams, key challenges include navigating overlapping regulations such as the Data Privacy Act and anti-corruption laws amid stricter enforcement, combating high cyberattack rates (49.8% of web threats) that expose digital vulnerabilities, and addressing talent gaps that amplify AI biases and operational risks. 

Opportunities lie in leveraging AI for automated compliance and predictive analytics to boost efficiency (with 62% of organizations reporting gains) and capitalizing on government initiatives like the National Cybersecurity Plan 2023-2028 for enhanced partnerships and market growth projected to reach US$2.8 billion by 2034. 

However, unmitigated risks—like data breaches and global market volatility—threaten reputational and operational stability. CFOs and boards must prioritize cross-functional collaboration to embed GRC into core decision-making, leveraging regulations such as the Data Privacy Act and National Cybersecurity Plan to foster ethical, scalable practices in an increasingly multipolar world.

By embracing digital transformation to simplify operations, elevating risk management with AI-augmented tools, and delivering consolidated, board-ready insights, organizations can transform GRC from a compliance burden into a driver of resilience and strategic advantage.

This March 12, 2026, FutureCFO, in partnership with Diligent, invites you to an exclusive roundtable discussion where we will focus on 4 key areas crucial for GRC teams in 2026:

• AI governance and ethical frameworks: Develop comprehensive AI strategies grounded in the Fairness, Accountability, Transparency, and Explainability (FATE) principles to mitigate biases, inaccuracies, and shadow AI risks, while ensuring compliance with emerging regulations such as EU AI Act adaptations and the Philippine Data Privacy Act.
• Cyber resilience and data sovereignty: Align with the National Cybersecurity Plan to strengthen defenses against breaches, address cross-border data transfer challenges under local laws, and integrate cyber risks into financial planning for business continuity.
• Regulatory adaptation and compliance: Proactively navigate volatility in data privacy, anti-corruption, and AI regulations, including heightened scrutiny of foreign-hosted tools and evolving frameworks in the Philippine context.
• Talent upskilling and literacy gaps: Bridge the AI literacy gap (64% of organizations lack training) by implementing mandatory programs and pilots to upskill teams in AI proficiency, audit innovation, and ethical AI use for long-term resilience.

Join us at this exclusive roundtable discussion and discover key strategies and practical approaches that could strengthen your GRC strategy and roadmap for 2026 (and beyond). 

We look forward to your participation in driving resilient leadership.