Manage AI security, privacy, and compliance risks with Threat Risk Assessment Services
Threat Risk Assessment for AI Management Systems (AIMS)
Threat Risk Assessment (TRA) services for AI management systems is a systematic process to identify, evaluate and prioritize security, privacy, and compliance risks associated with AI threats. TRA services will help your organization comply with regulatory requirements, enhance security posture of your systems, and increase operational resilience.
Key Objectives:
- Identify Threats: Perform AI Threat Modeling to identify AI-specific threats such as data privacy breaches, identity spoofing, repudiation, rogue agents, bias, adversarial attacks, model misuse, memory poisoning, DDoS, and human trust manipulation.
- Assess Vulnerabilities: Examine vulnerabilities associated with data quality, configuration items, third-party, integration, model robustness, system architecture, and operational environment.
- Verify Controls: Analyze existing security controls and their effectiveness to mitigate the risks.
- Identify and Prioritize Risks: Determine security, privacy, operational, compliance, and financial risks prioritized as per the impact to the business.
Cyber Electra's Approach to Threat Risk Assessment for AI Systems
Step 1: Organizational Context
Identify the strategic direction of AI, relevant opportunities and risks, stakeholder needs, regulatory mandate around AI, and people-process-technology readiness to define the scope of the AI management systems.
Step 2: AI security governance
Develop or enhance AI risk management policy, AI Risk Appetite, AI security governance standards, guidelines and training programs for the management, leadership, business, and technology teams to ensure AI initiatives are aligned with organizational goals and regulatory requirements.
Step 3: AI Threat Risk Assessment
Perform Threat Risk Assessments, AI Business Impact assessments, and AI Privacy assessments for the new and existing AI initiatives to identify risks and quantify risks. Develop a road map to manage the AI risks with an action plan in alignment with the AI Risk Management mandate and AI Risk Appetite.
Step 4: AI Governance Support
Establish an AI governance committee to provide resources, competence, guidance, awareness, and communication to support the initiatives leveraging AI capabilities as per the established AI governance artifacts.
Step 5: AI Operational Support
Integrate AI life cycle processes including development, deployment, monitoring, and decommissioning into business areas to support the business goals within the established risk appetites of the organization. Monitor the AI security and privacy incidents and provide guidance to business and incident response teams.
Step 6: AI Performance Evaluation and Continuous Improvement
Monitor, measure, analyze, and evaluate the effectiveness of AI systems by conducting regular audits to ensure compliance with internal and external mandate. Develop a road map to improve operational, financial, and compliance requirements associated with AI usage by integrating feedback loops and AI threat intelligence mechanisms.
Flexible Pricing Model
Pricing for Threat Risk Assessments (TRA) of AI systems varies based on project scope, complexity, industry, and regulatory requirements. We offer flexible pricing models such as:
- Fixed-price engagement: Best for well-defined scopes with clear deliverables starting from $ 7,000.
- Time and Materials: Hourly rates starting from $150 per hour depending on project and region.
- Subscription or Retainer: For continuous AI risk management support, monthly retainers starting from $5,000.
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Secure your AI initiatives with a threat risk assessment grounded in the latest industry standards. Contact us to learn how our expert team can help your organization navigate the complexities of AI risk and build resilient, trustworthy AI solutions.