AI Risk Register: Building and Managing Enterprise AI Risk
As organizations deploy more Artificial Intelligence systems, managing AI risk becomes increasingly complex. Enterprise environments may include generative AI applications, Large Language Models (LLMs), RAG systems, AI agents, coding assistants, AI APIs, browser extensions, third-party platforms, and Model Context Protocol (MCP) connectors. Each technology can introduce different cybersecurity, privacy, compliance, operational, data, and governance risks. An AI Risk Register provides organizations with a structured way to identify, assess, prioritize, assign, mitigate, and continuously monitor these risks. Unlike a traditional vulnerability list, an enterprise AI Risk Register should explain the complete business context surrounding each risk. A useful risk entry identifies the affected AI system, describes what could go wrong, evaluates likelihood and impact, records existing security controls, assigns an accountable owner, defines remediation activities, and tracks the remainin...