Overview of Risk Assessment and Management for Intelligent Systems under the AI Act and Beyond
Javier Irigoyen, Roberto Daza, Aythami Morales, Julian Fierrez, Ruben Tolosana, Ruben Vera-Rodriguez, Francisco Jurado, Alvaro Ortigosa
Abstract
The society and emerging risk-based regulatory frameworks for AI underscore the need for rigorous risk assessment to ensure safe and reliable AI systems. In response to this imperative, this paper presents an overview of AI risk assessment (identification and analysis) and management methodologies. It begins by reviewing the worldwide regulatory landscape that drives the need for systematic AI risk assessment. Then we characterize the spectrum of AI-related risks identified in the literature, from technical failures to ethical and social impacts. Subsequently, it reviews key risk assessment methodologies proposed for AI systems, focusing on general frameworks. The paper highlights best practices and illuminates methodological gaps, highlighting areas for further research on AI risk assessment.
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Classified with taxonomy v2 on Wed, 2 Sept 2026.