Small and medium enterprises have security vulnerabilities in GenAI applications; companies lack awareness of the risks associated with GenAI applications; ChatGPT drives a surge in GenAI investments; enterprises struggle to keep up with the fast-paced development of GenAI technology; security incidents related to GenAI applications are frequent.

IBM is launching the Watsonx.Governance toolkit to help enterprises and governments establish trust in generative AI. Watsonx provides a suite of tools for managing risks, enhancing transparency, and forecasting future AI regulatory compliance. By using Watsonx, enterprises can automate AI governance processes and monitor and manage their models.