Enterprises are finding increasingly innovative ways to leverage AI for intelligent customer experiences. But technology research from Gartner cautions that companies must become rigorous in applying what it calls AI TRiSM to achieve success with their AI initiatives.
Gartner defines AI trust, risk and security management (AI TRiSM) as a “framework that supports AI model governance, trustworthiness, fairness, reliability, robustness, efficacy and privacy” — and named it a top strategic technology trend for 2023.
According to the research, organizations that put AI TRiSM into practice can anticipate significantly better business outcomes from their AI projects. On the other hand, organizations that don’t take steps to manage AI risk are much more likely to see models not performing as expected, security failures, financial losses, and damage to reputation.
Verta’s Operational AI platform and Enterprise Model Management system include comprehensive capabilities that support AI trust, risk and security management:
Explainability - the ability to understand how a model arrived at an outcome - is a key component of ensuring trust in AI.
Enterprises manage AI risks by applying rigorous governance to models throughout the ML lifecycle.
Data protection and overall IT security of the ML process are essential for supporting AI TRiSM. Verta's security management capabilities include:
With proposed AI regulations like the ADPPA and the AI Bill of Rights creating new risks for organizations that rely on AI/ML, now is the time to ensure that you are putting the necessary technical capabilities in place to support AI TRiSM in your ML operations.
Contact Verta to discuss how your organization can leverage an Operational AI platform and Enterprise Model Management system to meet the challenges of AI trust, risk and security management.