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Buying Advice to Tackle AI Trust, Risk, and Security Management

Stay a step ahead with AI TRiSM solutions to proactively identify and mitigate the risks of AI models.

Introduction
  • 1. Four Reasons CISOs Need to Build an AI Trism Framework Into AI Models
  • 1.1. Explain to Managers the Use of AI Models
  • 1.2. Anyone Can Access Generative AI Tools
  • 1.3. AI Models Require Constant Monitoring
  • 1.4. Detecting Malware Through AI Models
  • 2. Five Steps on How C-suite Can Promote Trustworthy AI in Their Organization
  • 2.1. Defining AI Trust Across Different Departments
  • 2.2. Ensure a Collaborative Leadership Mindset
  • 2.3. Continuous Learning About the Risks and Opportunities
  • 2.4. Communicate to Build AI Trust in the Organization
  • 2.5. Measure the Value of AI Trust
  • 3. Real-world AI Examples for TRiSM Users
  • 4. The Future of AI TRiSM Frameworks
  • Conclusion

    Introduction 

    In this technologically dominated era, the integration of artificial intelligence (AI) has become a trend in numerous industries across the globe. With this development of technology, AI brings potential risks like malicious attacks, data leakage, and tampering.

    Thus, companies are going beyond traditional security measures and developing technology to secure AI applications and services and ensure they are ethical and secure. This revolutionary discipline and framework is known as AI Trust, Risk, and Security Management (AI TRiSM), which makes AI models reliable, trustworthy, private, and secure.

    In this article, we will explore how chief information security officers (CISOs) can strategize an AI-TRiSM environment in the workplace.

    1. Four Reasons CISOs Need to Build an AI Trism Framework Into AI Models  

    Generative AI (GenAI) has sparked an interest in AI pilots, but organizations often don’t consider the risk until the AI applications or models are ready to use. So,a comprehensive AI trust, risk, and security management program that helps CISOs integrate governance upfront and robust proactive measures to ensure AI systems protect data privacy, compliance, fairness, and reliability.

    Here are four reasons CISOs need to build an AI TRiSM framework while creating AI models:

    1.1. Explain to Managers the Use of AI Models

    CISOs should not explain the terminology of AI; rather, they should be specific about how the model works, its strengths and weaknesses, and potential biases..

    With numerous application areas in businesses, AI enables good managers to be great by improving employees and customer relations by analyzing and automating the repetitive tasks of data collection and training.

    1.2. Anyone Can Access Generative AI Tools

    GenAI has the potential to transform your business at a competitive level, but this opportunity also opens doors for new risks that cannot be addressed with traditional controls.

    The implementation of the AI TRiSM framework on generative AI establishes a robust technological foundation, fostering a culture of responsibility and comprehensive policies that help you and your team responsibly and ethically deploy AI technologies.

    1.3. AI Models Require Constant Monitoring

    Specialized risk management processes can be integrated into AI models to keep AI compliant, fair, and ethical. Further, software developers can build custom solutions for the AI pipeline.

    CISOs must also control the whole process of building an AI model, for example, model and application development, testing and deployment, and ongoing operations.

    1.4. Detecting Malware Through AI Models

    Malicious AI attacks cause losses and injury to organizations, including those involving money, people, sensitive information, reputation, and associated intellectual property.

    However, such accidents may be avoided by implementing certain procedures and controls, as well as by enhancing and testing a strong workflow of AI models outside of the apps.

    After knowing the main reason why CISOs should include the AI TRiSM framework, let’s understand the steps for implementing the AI TRiSM framework in the organization.

    2. Five Steps on How C-suite Can Promote Trustworthy AI in Their Organization  

    The emergence of new technologies is likely to drive more potential risks; however, with the help of these five essential steps, CISOs and their teams can promote AI TRiSM solutions: 

    2.1. Defining AI Trust Across Different Departments

    At its core, AI trust is the confidence that employees and other stakeholders have in a company that governs its digital assets. AI trust is driven by data accessibility, transparency, reliability, security, privacy, control, ethics, and responsibility. A CISO’s role is to educate employees on the concept of AI trust and how it is established inside a company, which differs depending on the industry and stakeholders.  

    Develop an AI trust framework that helps achieve your organization’s strategic goals, such as improving customer connections, maximizing operational excellence, and empowering business processes that are essential to your value proposition. Once built, implement methods for measuring and improving your AI trust performance over time.

    2.2. Ensure a Collaborative Leadership Mindset

    As IT organizations rely on technology for back-office operations and customer-facing applications, IT leaders face the challenge of balancing business and technical risks, potentially leading to prioritizing one over the other.

    CISOs and IT experts should evaluate the data risks and vulnerabilities that may exist in various business processes, such as finance, procurement, employee benefits, marketing, and other operations. For example, marketing and cybersecurity professionals might collaborate to determine what consumer data can be safely extracted, how it can be safeguarded, and how to communicate with customers accordingly. 

    As a CISO, you can adopt a federated model of accountability for AI trust that unites the C-suite around the common objective of seamless operation without hampering customers’ and organizations’ data.  

    2.3. Continuous Learning About the Risks and Opportunities

    At the end of the day, education and knowledge are critical to maintaining AI trust; therefore, C-suite executives should stay close to technical breakthroughs, understand their ramifications, and successfully lead and manage innovation and adoption while mitigating risks.

    CISOs may inculcate trust as an evaluation criterion for new technology adoptions. Working closely with the company’s technology executives can also assist in identifying areas where AI trust can be built or undermined. This integrates trust-forward concepts into technology adoption experiences from the very beginning.

    2.4. Communicate to Build AI Trust in the Organization

    Understanding the best strategy to build AI trust is not enough. CISOs should also play an active role in instilling the value of AI trust in organizational culture through words and deeds. Furthermore, explain to stakeholders that the company is dedicated to preserving AI trust and investing in the capabilities required to promote AI TRiSM.

    Implement AI TRiSM strategies, procedures, and processes to maintain AI trust and promote the deployment of trust-enabling technology. As these approaches are implemented, consider adding security safeguards such as segmentation of networks and zero-trust guidelines, secure landing zones, and DevSecOps theories.

    CISOs should motivate everyone in the company to commit to maintaining AI trust by allowing employees to raise questions about AI TRiSM and increasing organizational transparency.

    2.5. Measure the Value of AI Trust 

    Trust assessment options range from basic surveys to comprehensive trust measurement platforms, making them more practical and consistent. By deploying these tools, the CISO may track stakeholder trust over time.

    Furthermore, when allocating funds for trust-enabling technology, include advantages like customer loyalty and organizational resilience in AI trust formulas.

    Now that we have covered the steps of implementing AI TRISM in organizations, let’s take a look at a notable success story where AI TRISM was implemented successfully.

    3. Real-world AI Examples for TRiSM Users

    Ethical AI Models at the Danish Business Authority (DBA)

    The Danish Business Authority acknowledged the need for fairness, openness, and responsibility in AI models. To comply with high-level ethical requirements, DBA took concrete steps, among them conducting frequent fairness tests on model predictions and establishing a comprehensive monitoring structure. This technique drove the deployment of 16 AI models that monitored financial transactions worth billions of euros. The Danish Business Authority not only ensured ethical AI but also increased confidence among consumers and stakeholders, demonstrating the effectiveness of AI TRiSM in connecting technology with ethical ideals.

    4. The Future of AI TRiSM Frameworks

    As technology advances, AI will be able to become more sophisticated, predictive, and integrated across multiple industrial domains, making the future of AI TRiSM appear very bright.

    AI TRISM encourages organizations to be open about their AI governance procedures, ensuring that consumers and stakeholders understand the decision-making processes that underpin AI algorithms. This degree of openness generates a sense of trust and helps people confidently accept AI technology.

    Organizations should expect increasingly complex AI models in the future, providing deeper insights and more precise risk assessments. Thus, CISOs should invest in research and development to advance AI TRiSM methodologies, tools, and practices. 

    Conclusion

    In conclusion, as businesses grapple with growing datasets and complicated regulatory environments, AI emerges as a powerful tool for overcoming these issues, ensuring efficiency and dependability in risk management and compliance. AI Trust, Risk, and Security Management (AI TRiSM) may assist businesses in protecting their AI applications and services from possible threats while ensuring they are utilized responsibly and compliantly.

    AI TRiSM is simply too crucial to be considered incidental to the organization’s fundamental objective. CISOs will most likely either see this fundamental fact and act appropriately or learn from those that do.

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