Combined Advanced Risk release notes for upgrades from Zurich to Australia
Summarize
Summary of Combined Advanced Risk release notes for upgrades from Zurich to Australia
This consolidated release notes document guides ServiceNow customers through the key updates and enhancements for Advanced Risk when upgrading from the Zurich release family to the Australia release family. It highlights new features, important upgrade tasks, changes, removals, and other relevant information to help customers prepare and optimize their risk management workflows in the Australia release.
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New Features
- Risk Suggestion AI Agent: Workspace users with the required role can leverage generative AI to identify and suggest risks related to specific entities. This streamlines risk discovery and supports compliance readiness.
- Risk Assessment Methodology (RAM) Reporting Views: Automatically generated views consolidate assessment data for easier review and custom report creation (note: manual creation required on Xanadu).
- Risk Event Summarization: Generative AI-driven summaries reduce manual effort and accelerate decision-making by presenting clear, consistent risk event details.
- Grid-Based Risk and Control Self Assessment (RCSA): A spreadsheet-style interface enables side-by-side comparison, bulk editing, and prioritization of risks and controls, improving assessment efficiency.
- Matrix Report in Risk Workspace: Centralized, configurable grid-based view facilitates comprehensive organizational risk posture analysis.
- Support for Third-Party Large Language Models (LLMs): Risk assessment and event summarization now support LLMs from providers like Anthropic Claude, Google Gemini, and OpenAI, offering flexibility in AI model choice.
- Australia-Specific Enhancements:
- Worst Case Aggregation Rollup: Derive risk scores from a single risk record with the highest residual risk to enhance traceability and governance.
- Hide Not Applicable Option: Ability to hide this option in control and residual assessments to reduce calculation errors and improve assessment reliability.
- Parallel Review and Feedback: Enabled by default for risk assessment projects, allowing collaborative workflows without manual setup.
- GRC Notification Link Redirection: Email notification links now direct users to appropriate workspaces based on role and access.
- Template Versioning for Risk Identification: Supports smart assessment template versioning, using the latest published template versions automatically.
- Audit Entry Field on Risk Assessment Projects: Tracks changes and activity history separately from operational records (requires Audit Management and Audit Workspace).
- Risk Event Response Template Enhancements: Dynamic, entity-driven user and group assignments improve flexibility in risk event workflows.
- Improved Risk Suggestion AI Agent Workflow: Context-aware and conversational interactions allow refined risk suggestions before confirmation.
- Control Objective Workflow: Draft, review, and approve updates to control objectives without affecting active versions, ensuring consistency and accountability.
Changes
- Risk Event Enhancements: Risk event administrators now have permissions aligned with the Risk Manager role, including reopening closed risk events.
- ServiceNow AI Platform Licensing Tiers: Introduction of three AI licensing levels (Foundation, Advanced, Prime) providing varying access to AI features and workflows based on customer needs.
Removals
- The Tasks widget has been removed from the Risk Workspace home page to improve load performance and reduce latency.
Activation and Additional Information
- Advanced Risk must be installed via the ServiceNow Store for both Zurich and Australia releases.
- No changes to browser requirements or additional technical prerequisites were introduced.
- Risk Heatmap supports content reflow for improved accessibility, enabling zoom up to 400% without content loss.
- AI skills and agentic workflows are automatically enabled by default for new installs and unconfigured assets during upgrades, enhancing the AI experience without altering user roles.
Practical Benefits for Customers
- Automate and enhance risk identification with AI-driven suggestions, reducing manual workload and improving risk register accuracy.
- Streamline risk assessment reporting and analysis through consolidated views and configurable matrix reports.
- Increase assessment efficiency with grid-based interfaces and bulk editing capabilities.
- Leverage flexible AI summarization tools with support for multiple LLM providers to tailor AI usage to organizational preferences.
- Maintain governance and audit readiness with enhanced versioning, audit trails, and structured workflows for control objectives and risk assessments.
- Improve usability and collaboration with workspace-based notifications and default parallel review workflows.
Consolidated page of all release notes for Advanced Risk from Zurich to Australia.
How to use this page
To help you prepare for your upgrade, we have combined the cross-family Advanced Risk release notes onto one page. Read this summary of the new features, changes, and updated information for your product from Zurich to Australia.
Important information for upgrading Advanced Risk to Australia
Before you upgrade to Australia, review these pre- and post-upgrade tasks and complete the tasks as needed.
| Release | Release notes |
|---|---|
Zurich |
No updates for this release. |
Australia |
No updates for this release. |
New features
Between your current release family and Australia, new features were introduced for Advanced Risk.
| Release | Release notes |
|---|---|
Zurich |
|
Australia |
|
Changes
Between your current release family and Australia, some changes were made to existing Advanced Risk features.
| Release | Release notes |
|---|---|
Zurich |
|
Australia |
|
Removed
Between your current release family and Australia, some Advanced Risk features or functionality were removed.
| Release | Release notes |
|---|---|
Zurich |
To enhance the Risk Workspace home page load performance and reduce latency, the Tasks widget has been removed from the home page. |
Australia |
No updates for this release. |
Deprecations
Between your current release family and Australia, some Advanced Risk features or functionality were deprecated.
| Release | Release notes |
|---|---|
Zurich |
No updates for this release. |
Australia |
No updates for this release. |
Activation information
Review information on how to activate Advanced Risk.
| Release | Release notes |
|---|---|
Zurich |
Install Advanced Risk by requesting it from the ServiceNow Store. |
Australia |
Install Advanced Risk by requesting it from the ServiceNow Store. |
Additional requirements
If any additional requirements were introduced or changed for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Zurich |
No updates for this release. |
Australia |
No updates for this release. |
Browser requirements
If any specific browser requirements were introduced or changed for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Zurich |
No updates for this release. |
Australia |
No updates for this release. |
Accessibility information
Review details on accessibility information for Advanced Risk, such as specific requirements or compliance levels.
| Release | Release notes |
|---|---|
Zurich |
|
Australia |
No updates for this release. |
Localization information
If there are specific localization considerations for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Zurich |
No updates for this release. |
Australia |
No updates for this release. |
Highlight information
If there are specific highlight considerations for Advanced Risk we have noted them here.
| Release | Release notes |
|---|---|
Zurich |
See Advanced Risk Assessment for more information. |
Australia |
Review the updated AI experience with three licensing tiers. See Advanced Risk Assessment for more information. |