CERRIX Documentation
  • Introduction to CERRIX
  • CERRIX Functionalities
    • Getting Started
    • Using the Dashboard
    • Module Overview
      • Risks
        • AI Risk Description Refinement
        • Budget-based Risk Scoring
      • Controls
        • AI Control Description Refinement
      • Control Advanced Effectiveness Testing
        • Control Advanced Effectiveness Testing Video's
      • Incidents
        • Incidents Standing Data & Emails
        • Creating a New Incident
        • Incidents Workflow
        • Incidents Workspace
        • Incidents Roles & Rights
        • Incidents: Known Issues & Future Improvements
      • Events
      • Business Improvement Management
        • Measures of Improvement (MoIs)
          • Working with MoIs (Measures of Improvement)
        • Findings Report
      • Data Management
      • Third Party Management
      • Tasks & Control Execution
      • Key Risk Indicators (KRI's)
  • Admin Settings
    • External Connections
    • AI Settings
    • Authentication & User Provisioning
  • API Documentation
  • Best Practices & Guides
    • Control Design & Implementation, Execution & Effectiveness Testing: What's the Difference?
    • CERRIX AI FAQ
  • Implementation Guide
  • Import Templates
  • About CERRIX
    • Getting Support
    • Release Notes
    • Release Planning
    • Product Strategy & Roadmap
    • Heavy & Light Users
  • Compliance
    • Strategic Information Security Policy
    • ISO 27001
    • ISAE 3402 Type II
    • Privacy / GDPR
    • Security Statement
    • FSQS Certificate
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  • Overview
  • How It Works
  • Step-by-Step Guide
  • Benefits of Using AI-Powered Risk Descriptions
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  1. CERRIX Functionalities
  2. Module Overview
  3. Risks

AI Risk Description Refinement

PreviousRisksNextBudget-based Risk Scoring

Last updated 2 months ago

Overview

The Risk Description Refinement feature in CERRIX helps users craft clear, comprehensive, and best-practice-aligned risk descriptions. By leveraging AI-powered suggestions, users can ensure their risk documentation is accurate, structured, and effective.

How It Works

This feature allows users to refine risk descriptions by providing AI-generated suggestions based on an initial input. Users can then choose the best suggestion and apply it to their risk record.

Step-by-Step Guide

1. Access the Risk Description Field

  • Open an existing risk or create a new one within CERRIX.

  • Navigate to the Description section of the risk entry page.

2. Enter an Initial Risk Description

  • Type a brief description of the risk in the provided field.

  • Example: "Fire destroying our offices and equipment."

3. Use AI to Refine the Description

  • Click the Refine with AI button.

  • The AI will analyze the input and generate five different suggestions that align with best practices.

Generating all suggestions using AI can take a few seconds.

4. Select and Apply a Suggested Description

  • Review the generated suggestions and select the one that best represents the risk.

  • Click Apply Suggestion to replace the original text with the selected AI-generated description.

  • The new description will now be displayed in the risk description field.

5. Save the Updated Risk Description

  • Ensure the refined description accurately captures the risk.

  • Fill in any other required fields to save the risk.

  • Click Save risk to finalize the risk entry.

Benefits of Using AI-Powered Risk Descriptions

  • Consistency: Ensures risk descriptions follow a standardized format.

  • Efficiency: Reduces the time needed to craft detailed risk descriptions.

  • Best Practices Compliance: AI-generated suggestions align with industry standards.

By using the Risk Description Refinement feature, CERRIX users can improve the quality and clarity of their risk documentation, making risk management more effective and actionable.