ISO 42001
History and overview
ISO/IEC 42001, published in 2023, is the first international standard dedicated to AI Management Systems. It provides a governance framework for AI systems across sectors.
Why is it relevant?
– Establishes organizational accountability
– Aligns AI risk management with healthcare safety
– Helps meet regulatory expectations across jurisdictions
Scope of Application
Applicable to organizations that:
– Design, develop, or deploy AI systems
– Operate AI systems in regulated sectors like healthcare
Key Obligations and Requirements
– Define AI-specific policies and objectives
– Risk-based approach to AI lifecycle management
– Monitoring and continual improvement
Documentation and Governance Requirements:
– AI project inventory
– Impact assessments
– Audit logs and version control
Best Practices
– Integrating with ISO 27001 and HIPAA
– Using for cross-border compliance readiness