Cyber Risk Institute to develop tailored AI risk management framework profile for financial sector

The Cyber Risk Institute is working on a profile of the National Institute of Standards and Technology’s artificial intelligence risk management framework to meet the needs of their financial sector members, according to a filing to NIST on the intersection of AI and cybersecurity.

“At the request of our members, CRI is in the process of operationalizing the NIST AI RMF to tailor it for the financial services sector, incorporating various stages of AI adoption, and providing implementation guidance. We...