5 AI risk management frameworks for shoring up key gaps

Organizations are finding that traditional risk management frameworks don't work well for AI systems because AI has unique failure modes and ethical complexities. A new generation of AI-specific frameworks, like ISO/IEC 42001 and NIST AI Risk Management Framework, has emerged to help organizations identify where AI can fail, implement safeguards, and demonstrate responsible AI use to regulators and customers. These frameworks are complementary tools that focus on different areas, such as governance, security controls, and regulatory compliance, so organizations should choose based on their specific gaps.