Question 1 of 30
InnovAI Solutions, a fintech company, is implementing an AI-driven fraud detection system to enhance its security measures. After deployment, the system flags a series of legitimate transactions as fraudulent, resulting in significant customer inconvenience and potential financial losses. The Chief Technology Officer (CTO) seeks guidance on how ISO 42001:2023 can help clarify and manage the responsibilities related to this AI system\'s performance and its unexpected behavior. Considering the principles of ISO 42001, which of the following approaches best reflects how InnovAI Solutions should define and allocate roles and responsibilities in this situation to ensure effective AI management and mitigate potential risks?
Define specific roles and responsibilities for monitoring AI system performance, investigating anomalies, implementing corrective actions, and communicating with stakeholders, aligning with the organization's risk management framework and establishing clear escalation paths.
Delegate all responsibility for the AI system's performance to the AI system vendor, relying on their expertise to resolve any issues and provide ongoing maintenance, thereby minimizing internal resource allocation and potential conflicts of interest.
Assign responsibility for the AI system's performance to a rotating committee of employees from different departments, ensuring diverse perspectives but potentially lacking clear accountability and consistent oversight.
Rely solely on the AI system's self-monitoring capabilities and automated alerts, assuming that the system can autonomously identify and resolve any issues without requiring human intervention or defined responsibilities.

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