NIST Artificial Intelligence Risk Management Framework

The National Institute for Standards and Technology (NIST) has unveiled its Artificial Intelligence Risk Management Framework (AI RMF 1.0), providing organizations with a comprehensive set of guidelines to identify and mitigate the unique risks associated with AI. This guide outlines foundational information on AI risks, core functions of governance, mapping, measuring, and managing AI systems, and emphasizes the importance of continuous evaluation for effective risk management.