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NIST AI Risk Management Framework

NIST AI Risk Management Framework

From the course: CompTIA SecAI+ (CY0-001) Cert Prep

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NIST AI Risk Management Framework

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The National Institute of Standards and Technology, or NIST, created its AI risk management framework to give organizations of any size a common playbook for identifying, assessing, and controlling the risks that accompany AI systems. Although this framework is voluntary and non-regulatory, it carries weight because NIST standards often become the baseline for federal procurement and, by extension, much of the private sector that sells to government agencies. The AI Risk Management Framework centers on four iterative functions that span the entire system lifecycle. Govern establishes policies, roles, and accountability, sets risk appetite, and fosters a culture that values transparency, documentation, and continuous improvement. Map helps organizations understand the context by defining a system's intended purpose, the stakeholders affected, and the potential sources of risk including data, model design, and the deployment environment. Measure collects evidence through testing and…

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