Acuity AI Advisory

AI Risk

AI Risk FAQ

AI risk is the potential for harm arising from AI systems — technical failures, regulatory breaches, operational disruption, reputational damage, and data exposure. For Irish organisations, AI risk has become a governance and regulatory matter under the EU AI Act. These questions answer the fundamentals of identifying, assessing, and managing AI risk.

  1. 1.What is AI risk?
  2. 2.What are the main risks of AI in business?
  3. 3.What is an AI risk register?
  4. 4.How do you assess AI risk?
  5. 5.What is AI bias risk?
  6. 6.What is AI hallucination risk?
  7. 7.What is AI data privacy risk?
  8. 8.What is operational AI risk?
  9. 9.What is reputational risk from AI?
  10. 10.How do you manage third-party AI risk?
  11. 11.What is shadow AI risk?
  12. 12.What is the difference between AI risk and AI ethics?
  13. 13.What is a human-in-the-loop requirement?
  14. 14.How do you mitigate AI risk?
  15. 15.What AI risks should boards know about?

Ready to build an AI governance and risk framework for your organisation? See how Acuity AI approaches AI governance.