ISO 42001:2023

• It assists businesses in demonstrating their commitment to the responsible and ethical use of AI
• Provides a comprehensive framework for managing AI-related risks
• It assists in increasing the trust in AI products, which is crucial for businesses to seize the competitive market opportunities
• It prepares organizations for upcoming AI-related regulations like the EU AI Act
• Improves stakeholder confidence in AI-driven products and solutions
• Aligns AI development and deployment with organizational objectives and societal goals

Technical Controls: Organizations must implement systematic processes to identify and mitigate risks associated with AI systems throughout their lifecycle, from planning and development to deployment.

Organizational Controls: Ensuring the integration of the AI management system into existing organizational practices. Further, it mandates responsible AI governance by defining clear roles and responsibilities.

Legal Controls: Compliance with regulations regarding AI use, privacy laws, and intellectual property rights. Also, it requires businesses to maintain comprehensive documentation of the implemented controls and measures.

Physical Controls: Securing the server rooms storing sensitive data and systems. Further ensuring physical security by preventing unauthorized access and environmental hazards.

Human Resource Controls: Implementing training programs focusing on ethical AI practices and risk management. Defining clear roles and maintaining a performance evaluation to develop a culture of responsibility around AI technologies.