The shifting business contexts and rising stakes of artificial intelligence risk are explored in ISACA’s newly updated white paper, The Promise and Peril of the AI Revolution: Managing Risk.
The updates take into account recent developments on the AI landscape, including the continued ascent of generative AI, agentic AI systems and the implications of post-quantum cryptography (PQC).
These and other emerging factors on the AI landscape have upped the challenge – and the degree of difficulty – for risk professionals.
“Continuous risk assessment, clear accountability, ethical guardrails, and security by design enable organizations to extract value from AI while preserving trust. The emergence of PQC further underscores the need for long-term thinking,” according to the white paper. “Decisions made today about data retention, cryptographic dependency, and AI system design will determine security tomorrow.”
The ISACA guidance also points to the urgency with which organizations should calibrate their risk posture for an era of heavy AI influence and impact.
“Regardless of how the landscape continues to evolve, it is clear that AI is now a durable component of enterprise infrastructure, and business leaders should assume that AI is already in use within their organizations,” according to the white paper. “The safest and most responsible path forward is not deferral, but deliberate adaptation that is grounded in visibility, governance, and risk-aware deployment.”
The white papers also covers various types of AI risk, AI risks and rewards, and looks ahead to the AI risk horizon of the future.
Download the white paper here. For additional AI resources from ISACA, visit www.isaca.org/ai.