What Is an AI Impact Assessment (AIIA)? An AI Impact Assessment (AIIA) helps organizations examine the wider consequences of developing, deploying, or using an AI system. It looks beyond whether the technology performs as intended to consider issues such as bias, discrimination, fairness, explainability, human oversight, and unintended consequences, helping teams determine what safeguards may …
What Is AI Risk Management? AI risk management applies established risk management principles to challenges specific to artificial intelligence, such as bias, model drift, security threats, privacy concerns, and misuse. It sits within a broader AI governance framework, which establishes the policies, responsibilities, and oversight for responsible AI, while AI risk management focuses on identifying …
What Is Cyber Resilience? Cyber resilience brings cybersecurity, incident response, and business continuity together to help organizations remain operational when disruption occurs. Rather than assuming every cyberattack can be prevented, it recognizes that some incidents will get through and focuses on minimizing their impact and restoring critical systems quickly. A cyber resilience strategy combines preventive …
What is AI TRiSM? AI TRiSM provides organizations with a structured approach to identifying and managing the risks that emerge as AI systems move from development into real-world use. The AI TRiSM meaning centers on bringing trust, risk, security, and governance together rather than managing each area separately. Introduced by Gartner in 2022, the AI …
What Is Vendor Risk Management? Organizations often rely on third-party vendors for software, services, infrastructure, and other critical business functions. These relationships can introduce security, privacy, compliance, operational, and financial risks, particularly when vendors have access to sensitive data or systems. Vendor risk management provides a structured approach to understanding and addressing these risks throughout …
What Is StateRAMP? StateRAMP provides a consistent framework for evaluating the security of cloud service providers, helping government agencies assess vendors against a common set of cybersecurity requirements. By standardizing security assessments and independent verification, the program reduces the need for individual agencies to conduct separate security reviews while improving confidence in the security of …
Often compared to the Sarbanes-Oxley Act (SOX) for publicly traded companies, MAR is specifically designed for the insurance industry. It helps promote accurate and reliable financial reporting by requiring organizations to maintain effective internal controls, undergo independent audits, and demonstrate the integrity of their financial reporting processes. Model Audit Rule Requirements The Model Audit Rule …
It extends traditional security posture management to the AI ecosystem, helping organizations identify risks such as misconfigured models, exposed datasets, insecure AI pipelines, and unauthorized AI deployments. As AI adoption accelerates, AI-SPM gives security and compliance teams the visibility needed to secure AI assets, reduce risk, and maintain governance across the AI lifecycle. What Is …
What Is Continuous Compliance? Compliance is no longer a point-in-time activity. As regulations, security risks, and business operations continue to evolve, organizations need ongoing visibility into their compliance posture to reduce risk and stay audit-ready. Continuous compliance enables this through automation and real-time control monitoring. Continuous compliance uses automated tools to collect evidence, test controls, …
An asset-based risk assessment helps organizations understand which assets are most critical to their operations and how they could be affected by security threats or business disruptions. By identifying risks to these assets, organizations can prioritize security efforts, strengthen resilience, and make more informed risk management decisions. What Is an Asset-Based Risk Assessment? An asset-based …
Internal controls are the policies, procedures, and processes organizations implement to safeguard assets, maintain accurate financial and operational information, and comply with applicable laws, regulations, and internal policies. They help reduce risk by preventing errors, detecting issues early, and ensuring critical business activities are performed consistently and securely. What Are Internal Controls? Internal controls are …
Segregation of Duties (SoD) is an internal control principle that distributes critical tasks and system privileges across multiple individuals to reduce the risk of errors, fraud, and unauthorized access. It is a foundational requirement in compliance frameworks such as SOX ITGC, SOC 2, and ISO 27001, helping organizations demonstrate effective governance over financial and operational …
