Campus IT leaders are increasingly adopting formal AI risk frameworks as institutions accelerate adoption of generative models and agentic systems. Chief information officers warned that while AI offers operational and pedagogical benefits, many campuses still lack visibility into where AI runs, what data it accesses, and how models are governed. Experts recommended immediate steps: inventories of AI tools, data‑classification policies, clear approval gates for model deployment, and staff training. The memo urged a risk‑based approach that balances innovation with student privacy, FERPA compliance and institutional liability mitigation.