Vanta Unveils AI Security Assessment to Enhance AI Risk Management
In a significant move for organizations navigating the complexities of artificial intelligence (AI), Vanta has introduced a new AI Security Assessment offering designed to support businesses in demonstrating robust AI security practices and evaluating AI-related risks within their operations. As AI continues its rapid evolution and integration into various sectors, Vanta’s initiative aims to equip its customers—whether they are users, developers, or creators of AI—with essential tools to reinforce their security posture proactively.
The proliferation of AI in the business landscape makes it imperative for companies to maintain a high standard of security measures while managing vendor risk effectively. Vanta’s State of Trust report accentuates this urgency, revealing that 62% of organizations intend to increase their investments in AI security by 2025. However, the same report highlights a troubling statistic: only 36% of these organizations have established, or are in the process of creating, a formal AI policy. This discrepancy underscores the necessity for companies to act swiftly and responsibly as they engage with AI technologies.
Jeremy Epling, Vanta’s Chief Product Officer, emphasized the importance of responsible AI practices, stating, “AI has become foundational to how businesses operate, and every company—not just those building AI—need to engage with it responsibly on behalf of their customers, vendors, and stakeholders.” He further explained that with regulations evolving rapidly alongside emerging risks, Vanta’s AI Security Assessment offers a scalable and practical solution for businesses to evaluate AI-related risks, bolster their AI posture, and cultivate trust within their ecosystems. Epling noted that earning ISO 42001 certification reinforces Vanta’s commitment not only to its clients but also to the industry at large.
Comprehensive Evaluation Framework
The newly launched AI Security Assessment comprises a structured approach to scrutinizing AI-related security risks and is now available for organizations to utilize. This assessment is the result of expert insights combined with thorough analysis, allowing companies to gain a comprehensive understanding of how AI risks affect their overall security framework. It introduces a practical set of evaluative questions dispersed across ten critical categories, encompassing governance, data privacy and security, bias management, and human oversight.
Moreover, the AI Security Assessment presents several significant advantages for Vanta’s customers:
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Proactive Demonstration of AI Posture: Completed assessments can be published on a public-facing Trust Center, providing transparency and accessibility to customers and partners.
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Streamlined Questionnaire Completion: Organizations can leverage the information from the assessments to enrich Vanta’s knowledge base, facilitating AI-generated responses within Vanta’s Questionnaire Automation tool. This feature aids security teams in reducing the time required to address incoming security inquiries.
- Vendor AI Risk Evaluation: The assessment template now integrates AI Security Assessment questions into Vanta’s Vendor Risk Management questionnaires, enabling organizations to evaluate vendor AI risks with confidence.
Ryan Maple, Head of Information Security and Compliance at Writer, shared his perspective on the assessment’s impact: “As companies race to adopt AI, standardized approaches like Vanta’s AI Security Assessment bring much-needed clarity and accountability to how AI systems are secured and governed.” He expressed appreciation for the opportunity to contribute insights that could elevate responsible AI practices across the industry.
Tailored Assessment Levels
The Vanta AI Security Assessment is carefully structured to accommodate different levels of engagement with AI across various companies. It allows customization based on organizational involvement with AI technologies:
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For Companies Using AI: This level includes a basic evaluation, ideal for firms utilizing AI software or implementing systems built with AI functionalities.
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For Companies Building with AI: This more advanced layer adds inquiries pertaining to AI supply chain risks, cross-functional review processes, model training methodologies, and assessment of drift and performance degradation.
- For Companies Developing AI Models: The most comprehensive evaluation includes extensive questions related to access control mechanisms, reporting protocols for issues, risk level classification, and procurement policies.
Vanta Achieves ISO 42001 Certification
As a pioneer in trust management solutions, Vanta has achieved a milestone by becoming the first compliance automation and trust management platform to earn ISO 42001 certification, the international standard for responsible AI management. This accomplishment signifies Vanta’s leadership in guiding customers through the intricacies of emerging AI risks and regulatory changes.
Jadee Hanson, CISO at Vanta, articulated the company’s commitment to transparency in the evolving regulatory landscape, stating, “Achieving our ISO 42001 certification is one step in our ongoing journey to establish trust in the age of AI.” He emphasized that this achievement not only bolsters Vanta’s credibility but also supports the governance, risk management, and compliance (GRC) community as they navigate the transitions in AI-related regulations.
In conclusion, as Vanta continues to integrate AI capabilities throughout its operations, the company remains focused on adhering to responsible practices, showcasing its commitment to transparency and ongoing improvement. The ISO 42001 badge and certificate are proudly displayed in Vanta’s Trust Center, alongside its innovative AI Security Assessment. This concerted effort positions Vanta as a trusted partner for organizations striving to enhance their AI security measures and effectively manage associated risks.