ISO 42001 is an international standard for managing artificial intelligence. It provides a framework for how businesses can build, use, and manage AI systems safely, ethically and effectively.
ISO 42001 helps organisations set up an Artificial Intelligence Management System (AIMS), which includes:
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Understand Your AI Use:
Identify where AI is used in your organization.
Understand potential risks (e.g., bias, misuse, lack of transparency).
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Get Leadership Buy-In:
Leadership must support responsible AI governance.
Assign roles for AI oversight.
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Assess and Plan:
Define your AI objectives.
Assess risks and legal/ethical impacts.
Plan controls to mitigate those risks.
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Build the AI Management System:
Develop policies and procedures.
Define how AI systems will be documented, tested, and monitored.
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Train and Communicate:
Train staff on AI ethics, data handling, and risk.
Communicate roles and expectations clearly.
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Monitor and Improve:
Regularly review AI performance and risks.
Conduct internal audits.
Use feedback to improve systems and governance.
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An ongoing requirement of the standard, we can provide a range of internal auditing services.
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