The First Standard for AI Management Systems
Establish trust in your AI capabilities with the world's first comprehensive AI management framework. This is a lighter lift than other certifications.
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Four Steps to AI
Management Excellence
Implement comprehensive AI governance without eating up your team's time.
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How Companies Build AI Trust Fast with Workstreet
Learn from real examples of companies that have solved trust in their AI
Clay needed to scale security and compliance without slowing down their explosive growth trajectory—moving from $500M to $3.1B valuation in just over a year. Workstreet's expert-led security services on the Vanta platform enabled Clay to achieve SOC 2 readiness in record time while keeping their product and sales teams focused on growth.
Linea is an innovative technology company developing advanced solutions for business applications. As they expanded their operations and client base, Linea recognized the need to prepare for SOC 2 compliance to meet customer expectations and support their growth strategy. With limited internal security expertise, they sought virtual CISO services to guide their compliance implementation efficiently and establish appropriate security controls without disrupting their core business operations.
ISO 42001 FAQs
Common questions about ISO 42001 compliance
ISO 42001 is the world's first international standard for AI Management Systems (AIMS), published in December 2023. It provides a comprehensive framework for organizations to responsibly develop, deploy, and manage AI systems. For AI companies, ISO 42001 certification demonstrates commitment to responsible AI practices, helps build customer trust, meets regulatory requirements, and provides competitive advantage as the market increasingly demands ethical AI governance.
While SOC 2 focuses on security controls for service organizations and ISO 27001 addresses information security management, ISO 42001 is specifically designed for AI governance. It covers unique AI challenges like algorithmic bias, model transparency, data quality for training, AI lifecycle management, and ethical AI use. ISO 42001 complements rather than replaces other frameworks - many companies pursue it alongside SOC 2 or ISO 27001 for comprehensive governance.
ISO 42001 certification typically takes 3-6, depending on your current AI governance maturity. Workstreet customers are usuually audit ready in 2-4 weeks. The process includes establishing an AI Management System (AIMS), conducting AI risk assessments, implementing AI governance policies, documenting AI lifecycle processes, and undergoing a two-stage certification audit. Since it's a newer standard with fewer requirements than ISO 27001, it's generally considered a "lighter lift". Workstreet also manages all requirements in entirety.
Even if you have good AI practices, ISO 42001 certification provides formal validation and structure to your efforts. It helps systematize ad-hoc processes, ensures comprehensive coverage of AI risks, provides a framework for continuous improvement, and demonstrates your commitment to external stakeholders. The certification also helps identify gaps you might not be aware of and provides a competitive advantage as customers increasingly expect formal AI governance.
ISO 42001 is valuable for any organization developing, deploying, or significantly using AI systems. This includes AI-first companies, SaaS platforms with AI features, enterprises using AI for decision-making, healthcare organizations using AI diagnostics, financial services with AI-driven processes, and companies in regulated industries. Early adopters gain first-mover advantage, while the standard helps establish credibility with customers, investors, and regulators who are increasingly focused on responsible AI.