Everything To Know About ISO 42001
As we all know, AI is evolving fast, and if your business is predominantly using or selling AI services, it’s important to be aware of the ISO AI standards, known as ISO 42001.
By being ISO 42001 registered, it assures your customers that your AI services are safe, ethical, and compliant, and ensures you are up to date with any future legal changes.
With very few businesses in the UK having ISO IEC 42001 certification, achieving it early gives you a competitive advantage, instilling confidence in your customers and stakeholders.
What Is ISO 42001?
ISO 42001, also known as ISO IEC 42001, is the latest global standard for using AI in businesses by the ISO and IEC to ensure AI systems are being managed responsibly.
The ISO AI standards focus on the following.
- • Risk management and impact – Identify risks associated with AI systems throughout their lifecycle and evaluate the impacts of using AI, helping mitigate negative effects.
- • Security and safety – Ensuring AI systems are protected from cyber attacks and unauthorised access, and keep them operating reliably.
- • Ethical AI development – Meaning fairness and transparency in AI decisions and accountability for the outcomes of their AI systems. Data quality must be accurate to train AI systems to avoid errors and biases.
- • Performance optimisation – Have processes for monitoring AI systems and enhancing them in the future, ensuring efficient operation and compliance legally.
Who Needs ISO AI Standards?
If your business is selling AI services, it will need the ISO 42001 certificate. No matter if you are a start-up or a large enterprise, this standard is designed to be used for the development and management of AI systems.
Some well-known industries in tech, finance, and healthcare need to prove their AI is ethical, unbiased, and safe, even if a company is using AI tools like chatbots. The more AI in your business directly impacts the customer, the more important it is that you meet these standards.
Using an ISO framework makes sure your business is compliant with the use of AI now and in the future, giving you peace of mind.
Why Attain ISO 42001 Certification?
Achieving ISO 42001 registration shows your business commits to using AI responsibly and ethically.
Here are some more benefits.
- • More trust and credibility in your AI systems since you’re actively managing risks and ensuring that your AI system is safe and reliable, improving performance.
- • Achieving the certificate early on gives your business a competitive advantage, ensuring you’re prepared for future regulations and that you adhere to global standards.
- • It could be useful when interacting with EU businesses that are already using the EU AI Act, and helps establish relationships with partners who are looking for businesses that responsibly use AI.
How Our ISO Consultants Help You Achieve ISO 42001
Our experienced ISO consultants can help your business achieve its ISO 42001 certificate without stress.
We help by doing the following:
- • Gap analysis – We analyse your current setup and see what needs updating and what already meets the current standard.
- • AI system check – We help you understand and implement the necessary controls in the standard to manage your AI ethically and safely.
- • Documentation – We take care of all the documentation and policies, ensuring they are written correctly and compliant.
- • Training – We give training to help your team understand how the requirements of ISO 42001 relate to them.
- • Ongoing support – After you receive your ISO 42001 certificate, we are still here to give you advice about future changes and offer support with ongoing consultancy and auditing (if required).
Use AI Responsibly With Our ISO 42001 Consultants In Essex
At ADL consultancy, we are based in Essex and have been helping businesses for over 20 years get up to date and compliant with ISO standards for all industries, such as fintech and healthcare.
Our family business is made up of experienced ISO consultants who can help you navigate managing your AI systems responsibly and ethically to meet the ISO 42001 standards and gain certification.
Start getting ahead of your competitors today and show your commitment to using AI responsibly by getting your ISO 42001 certification and meeting global AI standards with ADL consultancy.
Contact us here for more information.
