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ARTICLE · 06 FEBRUARY 2023

National Institute Of Standards And Technology Launches Version 1.0 Of AI Risk Management Framework

Osler, Hoskin & Harcourt LLP
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The AI RMF was created in response to a directive from Congress to develop a framework to manage AI risks and to promote trustworthy and responsible development of AI systems.

CanadaTechnology
Simon Hodgett
Simon Hodgett
Sam Ip
Sam Ip
Sam Dobbin
Sam Dobbin
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On January 26, 2023, the U.S. National Institute of Standards and Technology (NIST) released its AI Risk Management Framework (AI RMF 1.0) [PDF], which sets out principles designed to equip organizations and individuals with approaches that increase the trustworthiness of artificial intelligence (AI) systems. NIST also released a companion NIST AI RMF Playbook, AI RMF Explainer Video, AI RMF Roadmap, AI RMF Crosswalk (mappings of the AI RMF 1.0 to other standards and frameworks) and various Perspectives (published statements from interested organizations and individuals). While NIST is an agency of the United States, the organization has a significant presence on the international stage and many of their standards have been developed in collaboration with, and adopted by, stakeholders worldwide, including the AI RMF.

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