From AI Risk to Resilience - an SMEs guide to Practical Governance

At Kinabase, we believe the power of AI should be accessible to every SME, but not at the expense of security or trust.

While exploring AI, you may hear about new standards like ISO 23894 – a guideline for managing risks associated with AI systems. For a busy business leader, this can seem overwhelming. That’s where we come in.

The New Imperative: Understanding AI-Associated Risks

As AI becomes deeply embedded in business software like ERP and CRM systems, companies must start thinking critically about its associated risks. These aren’t just theoretical concerns; they are real-world threats like data leakages, privacy breaches, and unreliable outputs that can directly impact your operations, reputation, and compliance.

What is ISO 23894 and Why Alignment Matters?

ISO 23894 is an international standard that provides guidelines for managing the unique risks of AI systems including generative AI. Alignment is not just checking a box. It’s about:

• Protecting your data: Ensuring sensitive company and customer information is never exposed or misused.
• Ensuring reliability: Building trust that the AI-driven insights and automations you rely on are accurate and secure.
• Future-Proofing your business: Adhering to emerging global regulations and building a foundation of trust with your clients.

For an SME, implementing ISO 23894 guidelines directly can be complex and expensive. Building and maintaining guardrails, rests with your organisation’s governance and implementation teams.

What Does ISO 23894 Alignment involve?

Aligning with ISO 23894 is not a one-time event, but a continuous cycle of vigilance.

The process involves several steps:

• Risk identification: Systematically pinpointing how AI use could create security, privacy, or integrity vulnerabilities specific to your business.
• Assessment & analysis: Evaluating the identified risks for their potential impact and likelihood.
• Risk treatment: Implementing tailored policies and technical controls to mitigate the highest priority risks.
• Monitoring & review: Continuously auditing AI systems, tracking new threats, and reviewing the effectiveness of implementing controls.
• Documentation & Reporting: Maintaining a clear audit trial of all activities to demonstrate alignment to auditors and stakeholders.

Doing this manually can be complex, which requires to be recorded, followed, and managed. However, this can be done through our Kinabase system.

Use Kinabase as Your AI Alignment Management Platform

Kinabase can be used as the central platform that provides the tools to monitor these alignment steps seamlessly. It can be used for data governance, audit logging, and policy enforcement, by helping in transforming the abstract guidelines of ISO 23894 into manageable and operational reality.

AI: Raising the Bar for SME’s

At Kinabase, we are aligned with ISO standards and are committed to making it easy for businesses to adopt AI technologies responsibly, ethically, and easily. This ensures our platform is designed with trust and transparency, making your adoption of Kinabase a confident long-term decision.

Schedule a Free Demo of Kinabase today and see how responsible and secure AI can drive your business forward.