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How Can Businesses Improve AI Risk Management?
As businesses adopt AI across different departments, risk management is becoming increasingly important. AI can introduce risks that are easy to overlook, including sensitive data exposure, inaccurate outputs, regulatory issues, third-party vendor risks, and the use of unapproved AI tools. (questa-ai.com)
One challenge is that companies may focus heavily on deploying AI while giving less attention to identifying and assessing the risks associated with each use case. A better approach seems to be understanding where AI is being used, what information it processes, who has access to it, and what could happen if something goes wrong.
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