Risk Assessment
- Complete AI/ML model risk assessment
- Document use case and business justification
- Identify potential bias and fairness concerns
- Assess operational risk implications
- Review concentration and third-party risk
Data Security Review
- Map data flows and storage locations
- Verify encryption at rest and in transit
- Confirm data residency requirements
- Review access controls and authentication
- Document data retention policies
Vendor Due Diligence
- Review SOC 2 Type II certification
- Verify regulatory compliance certifications
- Assess financial stability and business continuity
- Review security incident history
- Confirm contractual protections and SLAs
Compliance Sign-Off
- Legal review of terms and data processing
- Compliance approval for regulatory impact
- Privacy impact assessment completion
- Information security sign-off
- Business owner acceptance
Go-Live Preparation
- Complete user acceptance testing
- Train end users and administrators
- Establish monitoring and alerting
- Document rollback procedures
- Schedule post-implementation review