Managing AI Risk: A practical approach to responsibly managing AI with ISO 42001

Organisations must deal with AI implementation in a practical and sensible way. They need to understand the risks and opportunities AI presents, and manage these in a way that ensures the organisation delivers on its objectives while embracing the change to its best advantage. The aim of this guide: to give order to the chaos of AI that is being unleashed on the world. The book discusses:  How to build a risk-aware AI strategy; Relevant standards and guidance such as ISO 42001, ISO 27001 and NIST; The importance of an artificial intelligence management system (AIMS); and The future of AI and risk management   As AI systems increasingly influence decision-making across industries, new risks such as algorithmic bias, loss of privacy, lack of transparency and unintended consequences become significant. This guide will help you to understand how to mitigate AI risk and embrace the opportunities that AI brings to an organisation by implementing an AIMS.