Release Details
Platform Application: Data Inventory Hub
Release: 3.68
Release Date: September 19, 2024
Summary
The following features and functionality will be deployed on 3.68:
Feature Details
Easily action on risk with the new AI Risk
Benefits
This new AI Risk feature allows you to view and action on your risk management activities. You can easily:
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Understand your AI Risk by leveraging our AI Risk algorithm and automation to identify when a record is at risk and determine the severity of that risk for the EU AI Act and other regulations.
- Assess and mitigate AI risk by automating a pre-built AI Risk Assessment to gain a comprehensive understanding of your organization’s true AI risk.
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Demonstrate AI risk compliance by leveraging our comprehensive AI Risk report to demonstrate compliance
Details
In this release, an AI Risk subtab is added to the Risk & Assessments tab of the following Hub records:
- System
- Business Process
- Third Party
- Company Entity
The screenshot below shows the AI Risk subtab within the Risk & Assessments tab of a system record.
From the AI Risk subtab, you can do the following:
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Review the AI Risk score — This automatically calculates a risk score for each of your system and business process records.
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Complete an AI Risk assessment — This allows you to kick-off a pre-built AI Risk assessment.
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Download the AI Risk report — This provides you with a residual risk score and adequate reporting to demonstrate AI Risk compliance.
For more information, go to the following updated articles where the new feature is documented.
- Creating a System Record
- Creating a Third Party Record
- Creating a Company Affiliate Record
- Creating a Standard Business Process Record
More clarity on residual risk scoring
Benefits
This allows users to better understand when a record’s residual risk score is marked as “Not Required” due to an automation rule with the condition “Do not complete an assessment”.
For more information, learn more about Automation Rules, a conditional logic feature that can help you further take a risk-based approach and save time.
Details
In this release, the Residual Risk column is updated when an automation rule for “Do not complete an assessment” is enabled.
Particularly:
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When an automation rule is created with the condition “Do not complete an assessment,” the Residual Risk column now displays “Not Required”.
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Additionally, this explanation is added to the new Residual Risk score:
“Based on your Automation Rule Settings, an assessment does not need to be completed for this record, and the residual risk score cannot be determined.”
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A Settings icon is also added next to “Not Required” that redirects users to the Automation Rules Settings page.