A bank decides to accept the risk of a low-impact AI chatbot error after a cost-benefit analysis. The decision is made by the risk committee. What is the most important next step to ensure transparency and accountability?

Inform only the IT helpdesk so they can handle customer complaints.

Wait for the next annual risk review to communicate the decision.

Document the decision, the rationale, and communicate it to the chatbot's business owner and compliance.

Delete the risk from the register because it is accepted.

ISACAAdvanced in AI Risk

Domain 3Objective 2

AI Risk Treatment Strategies AAIR Practice Questions (Page 6)

Part of the AI Risk Program Management domain, which accounts for 42% of the AAIR exam.

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Questions 26–26

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A bank decides to accept the risk of a low-impact AI chatbot error after a cost-benefit analysis. The decision is made by the risk committee. What is the most important next step to ensure transparency and accountability?
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AI Risk Treatment Strategies AAIR Practice Questions (Page 6)

Questions 26–26

A bank decides to accept the risk of a low-impact AI chatbot error after a cost-benefit analysis. The decision is made by the risk committee. What is the most important next step to ensure transparency and accountability?

Keep studying — AI Risk Program Management