The appliances and services that involve the use of artificial intelligence (AI) are increasing over the years. The dependencies on this technology is elevating as it simplifies multiple of human tasks, making life easier and more convenient. With AI, we are offered with various life hacks recommendation, from the route we need to travel, the nearest shop with our product preferences to the customer demands on the product for business decision. While AI holds the role for life made easy or decision made easy, it unfortunately made it difficult in the risk and governance department. Organisation requires a better understanding in performing AI models to avoid various problematic issues. Significantly, Gartner had listed a term called AI TRiSM in addressing supporting AI Model Governance in their published article Gartner Top 10 Strategic Technology Trends For 2023. What is AI TRiSM and its importance?
What is AI TRiSM?
AI TRiSM actually represents various terminologies from AI which is short for Artificial Intelligence while TRiSM come from Trust, Risk and Security Management. In Gartner’s interpretation, AI TRiSM represents a framework that supports AI model governance, trustworthiness, fairness, robustness, efficacy, reliability, privacy and data protection. It is comprises of techniques, solutions and process for model interpretability and explainability, privacy, model operations and adversarial attack resistance for enterprises and customers.
The Importance of AI TRiSM
The need for AI adoption is crucial and its complexity will grow as the technology advances. Poor implementation of AI technology will increase exposure towards threat and vulnerabilities. It may cause data privacy breaching issues that lead to various nasty impacts including, financial loss, reputational loss and harm to both the technology itself as well as the consumers. AI TRiSM is essential in ensuring that every AI adoption in organisations come with a trustworthy and reliable AI model governance framework making them able to reduce potential risk more effectively.
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