INTELLIGENT AI RISK ASSESSMENT
Assess AI Risk Across The Organization
Manage risks beyond technical to encompass legal, reputational, and financial dimensions.
Learn How To Conduct An AI Risk Assessment
It’s the first step in your AI governance journey. And we can help.
Learn How To Conduct An AI Risk Assessment
It’s the first step in your AI governance journey. And we can help.
HOW IT WORKS
AI Model Risk Assessment
Why do organizations need to do risk assessments on their AI models?
Organizations will be held liable for the actions and decisions of their AI models, especially in instances of “safety-impacting” and “rights-impacting AI.” To build and maintain trust with their customers, organizations must conduct thorough risk assessments on their AI models, ensuring compliance, fairness, and security.
Risk assessments also ensure organizations know where to prioritize their AI governance efforts, beginning with high risk models and use cases.
Why do organizations invest in AI risk assessment tools?
Organizations invest in AI risk assessment tools to proactively identify and mitigate potential risks such as biases, security vulnerabilities, and compliance challenges.
This proactive approach ensures their AI remains compliant, transparent, and effectively governed, reducing AI-related risks across the organization.
Why must organizations continually assess AI risk?
Ongoing AI model risk assessment is crucial as continuous changes in data landscapes, regulatory environments, and technological progress can introduce new vulnerabilities and ethical risks over time.
How do you conduct AI risk assessments?
FairNow’s comprehensive framework assesses AI systems against a backdrop of active AI legislation, considering the model’s use case and location to pinpoint compliance and risk management needs.
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