In an increasingly interconnected world, the complexity of global security, safety, and sustainability challenges is escalating. Digital transformation, cyber threats, and environmental risks demand dynamic and comprehensive risk management approaches. This paper explores the potential of AI-driven risk assessments in addressing these challenges, focusing on how AI enhances both cybersecurity and sustainability efforts. AI technologies enable real-time threat detection, predictive analytics, and proactive risk mitigation, offering significant improvements over traditional risk management methods. Furthermore, the introduction of quantum computing in AI-driven risk assessments provides unprecedented computational power, enhancing the accuracy and speed of risk identification and mitigation strategies. However, the integration of AI and quantum computing also introduces ethical concerns related to bias, transparency, and accountability. This study critically examines the effectiveness of AI-driven models in various sectors, including cybersecurity, critical infrastructure, and environmental management, highlighting both their advantages and limitations. By addressing emerging risks through the convergence of AI, privacy, and security frameworks, this paper emphasises the need for collaboration between governments, industries, and academia to ensure the ethical and effective application of AI and quantum technologies in risk management. The findings present a pathway for balancing innovation with responsible AI deployment in an increasingly volatile global landscape.