ISO/IEC 23894: Guide for AI risk management

Geneviève Billette Avatar

ISO/IEC 23894 is an international standard that provides guidelines for managing risks related to artificial intelligence (AI). It is intended for organizations of all sizes and sectors involved in the development, production, deployment, or use of AI products, systems, and services. This standard helps organizations integrate risk management into their AI-related activities and functions.

Principles of ISO/IEC 23894

The ISO/IEC 23894 standard is based on the following principles:

  • Identification and assessment of AI-specific risks
  • Integration of risk management into organizational processes
  • Implementation of measures to mitigate identified risks
  • Continuous monitoring and improvement of risk management practices

Benefits of ISO/IEC 23894

Adopting ISO/IEC 23894 offers numerous advantages to organizations, including:

  • Improving the safety and reliability of AI systems
  • Reducing potential risks to individuals and society
  • Enhancing stakeholder confidence in AI technologies
  • Facilitating compliance with legal and regulatory requirements
  • Promoting a proactive risk management culture within the organization

Training on ISO/IEC 23894

To learn more about ISO/IEC 23894 and its implications for your organization, you can attend specific training provided by experts in the field. The training will help you:

  • Understand the principles and requirements of ISO/IEC 23894
  • Identify and assess AI-related risks for your organization
  • Establish and maintain an effective risk management system tailored to your context
  • Prepare for and succeed in an ISO/IEC 23894 compliance audit

Conclusion

ISO/IEC 23894 is essential for effective risk management in artificial intelligence. It provides a framework and best practices to help organizations proactively and responsibly manage AI-related risks. By adopting this standard, organizations can demonstrate their commitment to the safety and reliability of their AI systems while creating value for their stakeholders. If you want to learn more or get trained on ISO/IEC 23894, feel free to contact us. Mirabilis AI is a consulting firm specializing in AI integration and deployment, and we can support you in your AI risk management project.

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