NIST AI RMF Knowledge Hub

The NIST AI RMF outlines requirements for developing and deploying trustworthy AI systems, focusing on reliability, safety, security, transparency, accountability, and fairness. Organizations must also establish governance frameworks to ensure compliance with ethical and regulatory standards for an effective AI risk management.

The National Institute of Standards and Technology (NIST), an agency of the U.S. Department of Commerce, is responsible for the AI Risk Management Framework (AI RMF). NIST develops and promotes measurement standards and technology to enhance innovation and industrial competitiveness. The agency collaborates with various stakeholders to ensure the framework’s relevance and applicability across different sectors.

NIST released the AI Risk Management Framework (AI RMF) on January 26, 2023.

Currently, the NIST AI RMF does not offer a formal certification. Instead, it serves as a guideline and best practices framework for organizations to align their AI risk management practices with. However, organizations can demonstrate compliance and adherence to the framework through self-assessments, third-party audits, and by implementing the recommended practices.

NIST AI assessments can be performed by qualified internal teams, third-party auditors, or consultants with expertise in AI risk management and the NIST AI RMF. I.S. Partners offers a complete package of services to help organizations implement the AI RMF standards according to their industry requirements.