Artificial Intelligence is taking the world by storm, creating social instability as the constant evolvement of new tools and applications are being discovered. According to the 2024 Edelman Trust Barometer, an annual report on society’s trust in institutions, surveyed 32,000 respondents across 28 countries found that only 38% of respondents support this innovation, most believe AI innovation is being poorly managed.
The Potential Dangers of Utilising AI Within Your Organisation
Although many organisations jumped on the chance of using artificial intelligence and even replacing some staff members, relying on, and using these tasks internally has created gaps in security and confidentiality. Although its rare, hackers have been able to exploit vulnerabilities in AI frameworks. Artificial intelligence creates vulnerabilities within your organisation is easier to exploit and can lead to aggressive cyber-attacks.
These cyber-attacks may include:
- Ransomware
- Trojans
- Spyware
- Viruses
- Worms
- Keyloggers
- Malicious bots
How International Standards Protect Your Organisation
International standards are created to support industries, organisations, and staff alike while conforming to local and international laws and requirements. By conforming to an international standard such as implementing an ISO/IEC 42001:2023 AIMS, you set your organisation up for long-term success. Especially with the potential for laws to be put into place regarding AI, international standards account for that and makes complying to new laws easier.
The Role of ISO in AI
The International Organization for Standardization (ISO), publishes standards, such as ISO/IEC 42001:2023, that focus on transparency, data quality, and AI system reliability as ways to mitigate risks and maximise rewards for organisations and users alike. This standard supports all organisations in bridging the gap of AI governance.
Utilising ISO/IEC 42001:2023 Artificial Intelligence Management System
This is where ISO comes in, the International Organization for Standardization, is a collaborative effort that includes standard bodies from more than 160 countries. Working together they have established ISO/IEC 42001:2023 Artificial Intelligence Management System. This international standard provides the foundational framework that ensures all risks associated with AI are found, mitigated and if possible, eliminated.
ISO/IEC 42001:2023 Key Principles of Trustworthy Artificial Intelligence
At the core of an ISO/IEC 42001:2023 AIMS is trustworthy AI. The standard is guided by principles which ensure organisations adhere to AI governance including:
- Transparency: Any decisions made using AI systems must be fully transparent and without bias and negative implications.
- Accountability: Organisations are required to explain their reasoning behind AI-related decisions.
- Fairness: Automated decision-making systems are to be assessed to ensure it is fair to all people.
- Explainability: Explanations of important factors influencing the AI system are to be provided and understandable to people.
- Data privacy: Comprehensive data management and information security systems are crucial for protecting user privacy.
- Reliability: Artificial intelligence systems are to demonstrate high degrees of safety and reliability.
An ISO/IEC 42001:2023 Artificial Intelligence Management System is similar to an ISO/IEC 27001:2022 Information Security Management System in terms of structure as both follow the plan-do-check-act (PDCA) methodology. This makes an AIMS easier to implement concurrently with an ISMS.
Benefits of Implementing an ISO/IEC 42001:2023 AIMS
There are various benefits to implementing an AIMS within an organisation, this includes:
- Improved quality, security, traceability, transparency, and reliability of AI applications used within the organisation.
- Reliable efficiency of artificial intelligence systems.
- In-depth risk assessments related to AI systems.
- Trust in AI systems within an organisation.
- Reduced costs of developing AI models.
- Regulatory compliance through controls, audit schemes, and guidance aligned with laws and regulations.
How Can WWISE Support Your Artificial Intelligence Development and Utilisation?
At WWISE, our expert cyber security consultants and implementers are able to assist your organisation with expert training and solutions that will enable your organisation to have trust in the AI systems you are utilising. Our cyber security consultants are able to create standardised templates and procedures to simplify your auditing process and in-depth risk assessments to ensure your organisation stays safe.
Do you have any questions about Artificial Intelligence Management Systems? Reach out to our experts today on 012 644 0142 or email us at admin@wwise.co.za.