ISO/IEC 42001- Framework for Responsible AI Management
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ISO/IEC 42001 – New Global Guidance for Responsible AI Use in Businesses
In the rapidly advancing digital era, the transformative power of Artificial Intelligence (AI) is being acknowledged by businesses worldwide. However, the deployment of AI in a trusted and responsible manner remains a challenge. The international standard BS ISO/IEC 42001 has been published to guide organisations in responsibly utilising AI to achieve their goals.
What AI guidance does BS ISO/IEC 42001 provide businesses with?
The BS ISO/IEC 42001, the first international standard for effective AI governance, aims to build trust in AI technology, promoting its wider adoption for organisational benefit and societal good. Developed by experts from 50 countries, including the UK via BSI, it provides a framework for establishing, implementing, maintaining, and continually improving an AI management system within an organisation.
This standard can be integrated with other management systems standards such as ISO/IEC 9001 and BS EN ISO/IEC 27001, promoting good AI governance and accountability.
Why use BS ISO/IEC 42001:2023?
The standard can help users to:
> Improve the quality, security, traceability, transparency and reliability of AI applications as well as solve some implementation challenges,
> Build greater confidence in AI systems.
> Reduce the costs of AI development.
> Maintain regulatory compliance.
> Meet customer, staff and other stakeholder expectations around the ethical and responsible use of AI.
> Improve efficiency and risk management.
Please contact us if you would like to talk about implementing this standard into your business.