HOW TO DO
AI RISK
ASSESSMENT
STEP-BY-STEP
WHAT IS AI RISK ASSESSMENT?
AI Risk Assessment is a step-by-step way to find problems in an AI
system before they cause harm, and to control those risks early.
It helps organizations make sure AI is safe, fair, legal, and reliable.
What It Looks At
AI Risk Assessment checks risks related to:
Technology – Does the AI work correctly?
Law & Compliance – Does it follow regulations?
Ethics & Fairness – Is it biased or unfair?
Operations – Can people misuse or over-trust it?
EXAMPLE
AI used for loan approvals
Risk assessment helps:
RISK AI may reject good applicants due
to biased data
Check training data
Add human review for critical decisions
Monitor rejection patterns over time