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What is the most important factor when deciding whether or not to select a proprietary AI model?

A.

What business purpose it will serve.

B.

How frequently it will be updated.

C.

Whether its training data is disclosed.

D.

Whether its system card identifies risks.

Scenario:

A mid-sized tech firm is building its AI governance program and is exploring ISO/IEC standards that could support consistency in terminology and risk assessment processes across teams.

ISO/IEC 22989andISO/IEC 42001can be valuable resources for AI Governance professionals inall of the following ways EXCEPT:

A.

Establishing terminology and describing concepts so that governance team members can communicate with diverse parties and stakeholders from around the world

B.

Being applicable to organizations of any size and industry seeking to use AI responsibly and effectively in their design processes, information systems and controls

C.

Addressing specific issues related to managing procurement processes with third parties that provide or develop AI systems for their organization

D.

Recommending key activities to assess and manage risk: test, evaluate, verify and validate (TEVV)

CASE STUDY

Please use the following answer the next question:

A mid-size US healthcare network has decided to develop an Al solution to detect a type of cancer that is most likely arise in adults. Specifically, the healthcare network intends to create a recognition algorithm that will perform an initial review of all imaging and then route records a radiologist for secondary review pursuant Agreed-upon criteria (e.g., a confidence score below a threshold).

To date, the healthcare network has taken the following steps: defined its Al ethical principles: conducted discovery to identify the intended uses and success criteria for the system: established an Al governance committee; assembled a broad, crossfunctional team with clear roles and responsibilities; and created policies and procedures to document standards, workflows, timelines and risk thresholds during the project.

The healthcare network intends to retain a cloud provider to host the solution and a consulting firm to help develop the algorithm using the healthcare network ' s existing data and de-identified data that is licensed from a large US clinical research partner.

The most significant risk from combining the healthcare network’s existing data with the clinical research partner data is?

A.

Privacy risk.

B.

Security risk.

C.

Operational risk.

D.

Reputational risk.

An EU bank intends to launch a multi-modal Al platform for customer engagement and automated decision-making assist with the opening of bank accounts. The platform has been subject to thorough risk assessments and testing, where it proves to be effective in not discriminating against any individual on the basis of a protected class.

What additional obligations must the bank fulfill prior to deployment?

A.

The bank must obtain explicit consent from users under the privacy Directive.

B.

The bank must disclose how the Al system works under the Ell Digital Services Act.

C.

The bank must subject the Al system an adequacy decision and publish its appropriate safeguards.

D.

The bank must disclose the use of the Al system and implement suitable measures for users to contest automated decision-making.

What is the primary purpose of conducting ethical red-teaming on an Al system?

A.

To improve the model ' s accuracy.

B.

To simulate model risk scenarios.

C.

To identify security vulnerabilities.

D.

To ensure compliance with applicable law.

Scenario:

A financial services company is planning a new AI project to assess creditworthiness. The AI team is mapping out what tasks should be completed during theplanning phaseof the AI lifecycle.

The planning phase of the AI lifecycle includes all of the following EXCEPT:

A.

Definition of underlying assumptions

B.

Approach to governance

C.

Choice of the architecture

D.

Context in which the model will operate

To maintain fairness in a deployed system, it is most important to?

A.

Protect against loss of personal data in the model.

B.

Monitor for data drift that may affect performance and accuracy.

C.

Detect anomalies outside established metrics that require new training data.

D.

Optimize computational resources and data to ensure efficiency and scalability.

MULTI-SELECT

Please select 3 of the 5 options below. No partial credit will be given.

Which of the following PETs would be effective in developing AI systems?

A.

Data minimization.

B.

Anonymization.

C.

Data mapping.

D.

Data cleansing.

E.

Federated learning.

When should an ethical impact assessment for AI be performed?

A.

When the system is ready for production and deployment.

B.

When the number of AI system users has reached a predefined threshold.

C.

After the AI system has encountered ethical issues in real-world applications.

D.

At the initial stages of AI system development and continually throughout its lifecycle.

The processes and methods that allow human users to understand and trust the outputs produced by AI are important in addressing which key regulatory concern?

A.

Interpretable AI

B.

Trustworthy AI

C.

Explainable AI

D.

Responsible AI