The correct answer is D because Privacy Impact Assessments are already structured processes designed to identify risks related to data use, processing, and potential harm to individuals. These assessments can be readily adapted to evaluate AI-specific risks, such as bias, automated decision-making impacts, and data protection concerns. AI governance frameworks emphasize leveraging existing compliance mechanisms to efficiently integrate AI risk management without duplicating processes. Privacy impact assessments align closely with AI risk evaluation because they examine how personal data is collected, used, and protected throughout the system lifecycle. Other options, such as penetration testing or training, focus on narrower objectives like security or awareness and are not comprehensive tools for identifying broader AI risks. Adapting PIAs supports a risk-based, scalable, and governance-aligned approach to managing AI systems.