From insights to action

AI Security and Risk Management

Angeline Corvaglia

Founder and Digital Transformation Expert

Strategic considerations for AI risk management

compass representing strategic considerations

Issues examined from many different perspectives

  • Threat prioritization
  • Risk appetite
  • Innovation versus security
  • Cost versus benefit
  • Stakeholders' viewpoints
AI Security and Risk Management

Threat prioritization

Ranking risks by their

  • Potential severity
  • Probability it will happen
  • High-impact and high-likelihood
  • Low-impact and low-likelihood

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Helps ensure

  • Resources are allocated
  • Risks that pose the greatest danger

Firefighter representing threat prioritization

AI Security and Risk Management

Risk appetite

Tightrope walker representing risk appetite

The level of risk an organization can accept

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Depend on circumstances

  • Industry
  • Financial strength
  • Strategic goals
  • Risk management capabilities
AI Security and Risk Management

Balance between innovation and security

Innovation on one end and security on the other

image of a spectrum

AI Security and Risk Management

Cost versus benefit

 

  • Expense of mitigation
  • Potential cost of damage

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Positive return on investment (ROI)

  • Cost of reducing the risk
  • Lower than the expected potential losses

Seesaw representing cost on one side and benefit on the other

AI Security and Risk Management

Low-hanging fruits

A tree with low-hanging fruits

Implemented quickly

  • Significantly reducing risk

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Benefits:

  • show progress
  • boost morale
  • provide a solid basis
AI Security and Risk Management

Stakeholder interests

Rank risks based on their real-world impact

  • Broader understanding of risks
  • Conflicting viewpoints reconciled
  • Transparency and trust

A mosaic representing various interests

AI Security and Risk Management

Strategic action plan

A map with a clear path representing a strategic action plan

AI Security and Risk Management

Let's practice!

AI Security and Risk Management

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