- ISO is set to introduce ISO 42001 in 2024, a standard to establish safeguards and best practices for an AI Management System (AIMS). This new standard seeks to guide organizations in the responsible use, development, monitoring, and provision of AI-related products or services.
- ISO 42001 is designed to complement existing ISO Management System Standards (MSS) such as ISO 27001 (information security), ISO 27701 (privacy), and ISO 9001 (quality), allowing for an integrated approach to managing AI-related risks alongside other organizational priorities.
- The structure of ISO 42001 will mirror that of ISO 27001, including similar clauses and an Annex A with controls tailored to AI usage, addressing concerns identified in the risk assessment process regarding AI system design and operation.
With the rapid advancement and integration of Artificial Intelligence (AI) into organizational operations, concerns around AI’s security, privacy, fairness, and transparency have become more pronounced. Recognizing these concerns, ISO is set to introduce ISO 42001 in 2024, a standard to establish safeguards and best practices for an AI Management System (AIMS). This new standard seeks to guide organizations in the responsible use, development, monitoring, and provision of AI-related products or services. ISO 42001 will emphasize risk management and unique safeguards tailored to AI’s distinct characteristics, including automatic decision-making, data analysis, machine learning, and continuous learning, ensuring their ethical and secure application.
ISO 42001 is designed to complement existing ISO Management System Standards (MSS) such as ISO 27001 (information security), ISO 27701 (privacy), and ISO 9001 (quality), allowing for an integrated approach to managing AI-related risks alongside other organizational priorities. Importantly, while ISO 42001 encourages compatibility with these standards, it doesn’t necessitate certification or intent to replace them. Instead, it provides a framework for organizations to effectively address AI-specific issues and risks, enhancing the overall efficacy of existing management systems and compliance posture.
The structure of ISO 42001 will mirror that of ISO 27001, including similar clauses and an Annex A with controls tailored to AI usage, addressing concerns identified in the risk assessment process regarding AI system design and operation. Additionally, new annexes will offer implementation guidance, outline potential objectives and risk sources, and discuss the application of an AIMS across various domains or sectors. As the digital landscape continues to evolve with AI at its core, ISO 42001 will serve as a crucial framework for organizations aiming to harness AI’s potential while mitigating associated risks and upholding ethical standards.
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