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AI Model Risk

What is AI Model Risk?

The potential for adverse consequences arising from decisions based on AI models that are incorrect, misused, or produce unintended outcomes.

AI and Technology

What the standards actually require on ai model risk

Requirements naming ai model risk across 6 standards, quoted from the control text.

Establish documented AI risk policy stating objectives, scope, roles, criteria, and review cadence.

23894-5.4.2 · AI Risk Management Policy

Maintain the O-RAN threat model and risk management per O-RAN Alliance WG11 Security Threat Model and Risk Assessment specifications.

ORANWG11-1 · O-RAN Threat Model, Risk Management, and Security Architecture

The organization’s personnel and partners receive AI risk management training to enable them to perform their duties and responsibilities consistent with related policies, procedures, and agreements.

AIRMF-GV-2.2 · The organization's personnel and partners receive AI risk management training to enable them to perform their duties and responsibilities consistent with related policies, procedures, and agreements

Manage frontier model risk + capability disclosure + independent evaluation per OECD 2024 Update + emerging international AI safety governance.

OECDAI24-3 · Frontier Model Risk Management, Capability Disclosure, and Independent Evaluation

A developer/deployer has an affirmative defense if it discovers and cures a violation through internal testing/red-teaming and is otherwise in compliance with the latest NIST AI Risk Management Framework, ISO/IEC 42001, or another nationally/internationally re...

CO-AIA-1705 · Affirmative Defense and Recognised Frameworks
IEEE 70002 controls

Clauses 8 + 8.1 + 8.2 establish ethical risk management and Clause 10 establishes validation of ethical outcomes. Per public IEEE 7000-2021 abstract + Wikipedia + academic literature (full IEEE text NOT reproduced): ethical risk identification covering: harm t...

IEEE7000-EthicalRisk-Identification-Analysis-Treatment-ValidationOutcomes · IEEE 7000 Clauses 8 + 8.1 + 8.2 - Ethical Risk Identification + Analysis + Treatment + Validation of Ethical Outcomes + AI Safety + Robustness + Adversarial Protection

Questions people ask about ai model risk

What is AI Model Risk?
The potential for adverse consequences arising from decisions based on AI models that are incorrect, misused, or produce unintended outcomes.
Why is AI Model Risk important for compliance?
AI Model Risk is a key concept in AI and Technology. Understanding ai model risk helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address AI Model Risk?
AI Model Risk appears in the requirement text of ISO/IEC 23894:2023, O-RAN WG11 Security Specification, NIST AI Risk Management Framework (AI RMF 1.0), OECD Recommendation on Artificial Intelligence (2024 Update), Colorado Artificial Intelligence Act (proposed SB 24-205). Across these standards we have identified 32 controls that name it directly, each linked to the control text on the compliance platform.
Where can I learn more about AI Model Risk?
Explore our compliance framework pages to see how ai model risk applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 686 frameworks.

See how AI Model Risk applies across compliance frameworks

Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.

Written and maintained by Gerard Blokdyk, The Art of Service.