AAIR: Advanced in AI Risk

By Isaca · Question Mode

QuestionQ8

VerifiedAI Life Cycle Risk Management

What is the PRIMARY reason for including contractual requirements concerning model updates and disclosures from third-party AI suppliers?

Explanation

Contractual update and disclosure requirements give an organization timely visibility into changes to a third-party AI system and any newly identified issues. That visibility supports prompt detection, assessment, and mitigation of emerging system risks that could harm individuals.

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