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Introducing the HITRUST AI Risk Management Assessment: Protect Your Business

August 22, 2024 | AI, HITRUST

As the digital landscape continues to evolve, artificial intelligence (AI) is at the forefront of transformation across industries. With AI’s immense potential to drive innovation and growth, it also brings forth new and unique risks that traditional cybersecurity frameworks may not fully encompass. For organizations integrating AI into their processes, products, or solutions, managing these risks effectively is crucial.

Recognizing this need, HITRUST has launched the HITRUST AI Risk Management Assessment (AI RM Assessment)—a comprehensive solution designed to help organizations evaluate and manage AI-related risks. This new assessment isn’t just for those with existing HITRUST certifications—it’s available to any organization that uses or produces AI technologies.

Key Features of the HITRUST AI Risk Management Assessment

  • Comprehensive Coverage: The HITRUST AI RM Assessment is built on 51 robust and practical risk management controls. These controls are harmonized with industry-leading standards such as ISO/IEC 23894:2023 and the NIST AI Risk Management Framework (RMF). This alignment ensures that organizations receive a thorough evaluation that meets both ISO and NIST criteria.
  • Proven Platform: The assessment is supported by HITRUST’s powerful MyCSF platform, known for its consistent, reliable results. This cloud-based solution simplifies the assessment process, enabling organizations to manage their AI risk management efforts efficiently and effectively.
  • Actionable Insights: Beyond merely identifying risks, the HITRUST AI RM Assessment provides detailed scoring and a professional AI Risk Management Insights Report. This report offers a clear understanding of an organization’s AI risk management stance and highlights potential gaps that need addressing.

Why This Matters

AI is transforming how businesses operate, offering unparalleled opportunities for innovation. However, with these opportunities come risks that must be managed proactively. The HITRUST AI RM Assessment provides a starting point for organizations to evaluate their AI risk management strategies comprehensively. By identifying and addressing potential gaps, businesses can safeguard their future and ensure that their AI initiatives are both secure and compliant.

Take the Next Step

As a HITRUST Authorized External Assessor, BARR Advisory is proud to support organizations in their journeys to manage AI-related risks effectively. The HITRUST AI RM Assessment is an essential tool for any organization looking to understand and mitigate the unique risks associated with AI technology.

To learn more about how the HITRUST AI Risk Management Assessment can benefit your organization, contact us today.

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