Beyond Checklists: How AI Risk Assessments Drive Compliance and Innovation

Manish Kumar, Staff Product Manager, Compliance and AI Governance, Lytx

Mike Leow, CIPP/A, CIPP/E, CIPM, CIPT, FIP, IAPP Asia Advisory Board Member

ShanShan Pa, CIPP/E, CIPP/US, CIPM, CIPT, FIP, Head of AI and Data Governance, GlobalLogic

AI risk assessments are no longer just a compliance requirement, they are a critical tool for building safer, more trustworthy AI products. As the EU AI Act, NIST AI RMF and global regulations introduce new risk management expectations, companies must rethink how AI risk assessments integrate into both compliance efforts and product development.

This session will explore how privacy, governance and product teams can work together to ensure AI risk assessments are actionable and aligned with real-world product needs.

Attendees will walk away with a practical framework for conducting AI risk assessments that go beyond compliance — ensuring AI systems are ethical, transparent and aligned with business goals.

What you will learn:

• Why AI risk assessments matter for both governance and product innovation.
• How to align risk management with AI product life cycle decisions.
• Real-world insights on embedding AI risk assessments into both compliance and product strategies.