This article is part of BLG's 12-part series: 12 Strategic Priorities for Privacy,
Cybersecurity, and AI Risk Management. Designed for
board members and executives, the series highlights key priorities
for managing risk and driving innovation with confidence.
Artificial intelligence is no longer limited to technology
teams: it has become a core part of corporate strategy and
enterprise risk. As AI capabilities mature and spread across
business functions, so too must decision-makers' oversight and
accountability. Boards and executive teams that treat AI risk as an
IT matter may find themselves unprepared for its enterprise-wide
impact.
Why it matters
AI systems increasingly impact decision-making in high-stakes
areas such as finance, employment, healthcare, and national
infrastructure. Missteps can lead to discrimination claims, privacy
violations, intellectual property disputes, and algorithmic
opacity. Regulatory scrutiny is intensifying, with Canada's