Identify every risk your AI product carries. Rate each one. Document how you fixed it. This protects you legally if something goes wrong.

Risk Assessment Table

Risk Description Likelihood Impact Risk Score Mitigation Plan Status
AI gives wrong medical advice to users High High 9/10 Added disclaimer on every AI response Resolved
AI shows biased results for female job applicants Medium High 7/10 Tested model on 500 sample profiles for bias In Progress
User data sent to OpenAI API without consent Low High 6/10 Added consent checkbox before AI features activate Resolved