The adoption of AI introduces unique security risks that can have far-reaching consequences for data integrity, privacy, operational resilience, and public trust.
ISO 42001 and the NIST AI Risk Management Framework (RMF) provide structured frameworks and risk management standards essential in AI systems’ development, deployment, and governance. Organizations across various sectors are increasingly required or encouraged to adopt NIST AI RMF and ISO 42001 due to the frameworks’ strong focus on risk management, data protection, and regulatory compliance.
There are many benefits to each framework:
ISO 42001
- Focuses on creating a consistent risk management framework
- Helps organizations manage AI risks in a way that aligns with other industries
- Encourages transparency, fairness, and accountability in risk management practices to support ethical AI usage
NIST AI RMF
- Provides a robust framework for identifying, assessing, and managing risks
- Ensures data protection and privacy, minimizing risks of unauthorized access or data misuse
- Emphasizes continuous monitoring to remain compliant with regulatory and organizational standards
- ISO/IEC 42001 focuses on establishing a comprehensive AI management system within an organization, encompassing governance, risk management, and compliance. In contrast, the NIST AI RMF provides a structured approach specifically for managing AI-related risks, emphasizing flexibility and adaptability to various organizational contexts.
- NIST AI RMF includes a focus on enhancing the trustworthiness and reliability of AI systems.
Both Frameworks
- Provide a foundation for identifying and mitigating biases or security risks inherent in AI models
- Help organizations align with current and anticipated regulations
- Simplify compliance with emerging laws focused on AI ethics, transparency, and security
Whether you’re looking to implement ISO/IEC 42001, NIST AI RMF, or both, Tego’s Advisory Services team can support your organization in navigating these requirements and ensuring responsible AI use. Contact us today to learn more.