Level of Concern Document (LCD)
When determining the risk posed by AI systems, several concerns pertaining to AI itself should be taken into consideration. These concerns should be tailored to the specifics of the system being evaluated as well as the environment in which it will be used. Organisations have a responsibility to make certain that the policies, processes, procedures, and practices related to mapping, measuring, and managing the risks associated with AI are in place, transparent, and successfully implemented.
Controls related to this risk category are listed as below:
LCD 01 - Roles and Responsibilities
LCD 02 - Executive Responsibility
LCD 03 - AI Risk Organisational Practices
LCD 04 - Transparent Risk Management
LCD 05 - Risk Management Monitoring
LCD 06 - AI Risk Decisions Making
LCD 07 - AI Organisational Documentation
LCD 08 - Organisational Information Sharing Mechanism
LCD 09 - AI's Business Value
LCD 10 - Organisations AI Mission
LCD 11 - Organisations Risk Tolerance
LCD 12 - Allocated Resources for Risk Management
LCD 13 - 3rd Party Risk Policies
LCD 14 - 3rd Party Contingency
LCD 15 - Mapping 3rd-Party Risk
LCD 16 - Internal Risk Controls for 3rd Party Risk
LCD 17 - 3rd Party Risk are Managed
LCD 18 - AI Legal and Regulatory Requirements
LCD 19 - Stakeholder Assessment Consultation
LCD 20 - Risk Tracking and Management
LCD 21 - Risk Tracking Assessments
LCD 22 - Measurement Approaches for Identifying Risk
LCD 23 - Development and Deployment Decision
LCD 24 - Risk Mitigation Activities
LCD 25 - Risk Management of Mapped Risks
LCD 26 - Post-Deployment Risk Management
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