After 22 grueling hours of negotiations, policymakers within the European Union (EU) have reached a provisional agreement on new rules to govern the most powerful artificial intelligence (AI) models. They’re calling it the EU AI Act, and though yes—the provisions have been hashed out—disagreements surrounding the law enforcement of said provisions have led to a recess in the negotiations.

To accommodate the ever-evolving cybersecurity threat landscape, HITRUST has released HITRUST CSF v11.2.0, updating its framework to include more pertinent concepts—one of the most notable additions is artificial intelligence (AI) risk management content.

NOTE: This blog was originally published on 11/3/2023 based on the ISO/IEC DIS 42001 and has been updated as of 1/5/2024 as a result of ISO/IEC 42001:2023 (ISO 42001) being officially published on 12/18/2023.

President Biden has issued a groundbreaking Executive Order to steer America toward leadership in harnessing the potential of artificial intelligence (AI) while managing its associated risks.

Now that artificial intelligence (AI) has more fully engrained itself into the digital world and economy, it makes sense that the American Institute of Certified Public Accountants (AICPA)—as the organization that sets the most recognized auditing standards in the U.S.—would have an opinion on AI use, particularly in terms of the possibility of related SOC-compliance issues.

The National Institute of Standards and Technology (NIST) has made a significant move in introducing its groundbreaking AI Risk Management Framework (AI RMF). Designed to empower organizations and individuals with comprehensive risk management guidance, the AI RMF aims to create a world where AI can thrive responsibly.