AI Risk Management Framework

Essential to business success and strategic decision making is effective risk identification and monitoring.

A new article from Protiviti will address perspectives on establishing and maintaining leading practices in the context of identifying, assessing, mitigating, and monitoring risks arising from artificial intelligence (AI). Specific actions that organizations can take to mitigate risks during the AI lifecycle are highlighted. Finally, the use of an AI Risk Management Framework is proposed, from which further activities can be derived.

Overall, while an AI tool will never be completely risk-free, efficient and effective AI risk management can help ensure that risk remains manageable and does not threaten business success.

You can access the article here.


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