1. According to IBM's 2023 report, what is the average cost of an AI-related security incident?
$2.8 million
$3.6 million
$4.45 million
$5.2 million
2. What percentage of companies have experienced an AI-related security incident?
23%
35%
43%
58%
3. What is the recommended budget allocation for AI risk mitigation as a percentage of total AI investment?
5-10%
15-25%
30-40%
45-50%
4. In the RAPID framework for CEO briefings, what does the "I" stand for?
Identification
Implementation
Investment required to mitigate
Incident response plan
5. According to research, what percentage of consumers would stop doing business with a company after an AI bias incident?
52%
65%
78%
84%
6. In the 4T risk mitigation framework, which strategy involves shifting risk to a third party?
Terminate
Treat
Transfer
Tolerate
7. What is the maximum fine under the EU AI Act for serious violations?
€10 million or 2% of global revenue
€20 million or 4% of global revenue
€30 million or 6% of global revenue
€40 million or 8% of global revenue
8. In risk scoring, what is the formula for calculating risk score?
Impact + Likelihood
Likelihood × Impact
Impact - Likelihood
Impact / Likelihood
9. What risk score range (on a 1-25 scale) requires immediate mitigation and executive escalation?
1-5
6-12
13-19
20-25
10. How many risk categories are recommended in the comprehensive risk identification framework?
3
4
5
6
11. What is the recommended maximum acceptable Bias Disparity Ratio (max group error rate / min group error rate)?
Less than 1.2x (Green zone)
Less than 1.5x
Less than 2.0x
Less than 2.5x
12. In the 3-tier monitoring system, how often should executive strategic risk reviews occur?
Weekly
Monthly
Quarterly
Annually