Spotlight on: AS ISO/IEC 42001:2023, Artificial intelligence – Management system
Standards Australia published an explainer on AS ISO/IEC 42001:2023
What it means
Standards Australia published an explainer on AS ISO/IEC 42001:2023, the international management-system standard for AI.
It is ISO 27001 for AI: a recognised way to set up, run and improve how an organisation governs the AI it uses.
It is voluntary, not law. Expect large customers to start asking for ISO 42001 certification the way they ask for ISO 27001 or SOC 2 now, because a certificate is easier to check than your governance practices.
The themes of ISO 42001 cover ownership, risk assessment, monitoring and human oversight, and are the same ones sensible governance covers anyway.
Applies to: All businesses
Related instrument: ISO/IEC 42001: AI management systems