3 AI Risk Management Frameworks for 2025 + Best Practices

In 2025, AI risk management is crucial as 78% of companies use generative AI, posing challenges in cybersecurity, privacy, and accuracy. Organizations are adopting AI risk management frameworks to mitigate risks while leveraging AI's competitive advantages. These frameworks include NIST AI RMF, ISO/IEC 23894, and the EU AI Act, each offering structured approaches to manage AI risks, such as model risk, data privacy, regulatory compliance, security threats, and ethical use. Real-world incidents like Samsung's data leak with ChatGPT and Air Canada's chatbot liability highlight the need for robust AI governance. Companies are encouraged to maintain centralized AI system inventories, provide employee training, and implement human oversight for critical AI decisions. Tools like Superblocks offer visibility and control over AI applications, ensuring compliance and security throughout the AI lifecycle. As AI compliance laws evolve, organizations must navigate diverse regulations to maintain accountability and transparency in AI usage.