Question 1 of 30
An organization is developing a new AI-powered diagnostic tool for medical imaging. To ensure robust AI management, they are implementing an AI Management System (AIMS) aligned with ISO 42004:2024. Considering the standard\'s emphasis on lifecycle risk management, which of the following best demonstrates adherence to the principles of AI risk assessment and treatment as outlined in the standard for this specific AI application?
A documented, iterative process for identifying, analyzing, evaluating, and treating AI-related risks at each stage of the diagnostic tool's lifecycle, from data acquisition to deployment and ongoing monitoring, with clear criteria for risk acceptance.
A one-time comprehensive risk assessment conducted before the AI diagnostic tool is deployed, followed by periodic, ad-hoc reviews based on reported incidents.
Relying solely on existing general IT risk management frameworks without specific adaptation for AI-specific risks, assuming they adequately cover the diagnostic tool's potential impacts.
Delegating the entire AI risk management process to external AI ethics consultants without establishing internal oversight or integration into the organization's AIMS.

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