JavaScript Object Notation (JSON)
STANDARD
DATA ENGINEERING
A lightweight, human-readable data interchange format widely adopted for API communications and configuration files.
STANDARD
AI GOVERNANCE
ISO/IEC 42005 — Information technology — Artificial intelligence — AI system impact assessment
An international standard specifying guidance and methodologies for conducting impact assessments of artificial intelligence systems.
BUSINESS RELEVANCE
Systematic impact assessments demonstrate accountability to regulators, safeguard human rights, and inform risk mitigation strategies before AI systems enter production.
IMPLEMENTATION EXAMPLE
An insurer applies ISO/IEC 42005 to assess how an automated claims underwriting algorithm impacts policyholder rights, financial vulnerability, and accessibility prior to rollout.
LIMITATIONS
Impact assessment provides structured evaluation methodology but does not eliminate risk or substitute for legal compliance, technical verification, or ongoing operational monitoring.
TECHNICAL EXPLANATION
The standard outlines processes for assessing the potential impacts of AI systems on individuals, groups, organizations, and society. It provides guidance on context definition, stakeholder engagement, severity and likelihood scoring, mitigation treatment identification, and continual post-deployment impact evaluation.
Secondary Topics
Cybersecurity, Systems Architecture
Sources
ISO — ISO/IEC 42005:2025 — https://www.iso.org/standard/42005; ISO — Responsible AI governance and impact standards package — https://www.iso.org/publication/PUB200420.html
Related terms
ISO/IEC 5338:2023 — AI system life cycle processes
STANDARD
AI GOVERNANCE
An international standard establishing life cycle processes and engineering frameworks for artificial intelligence systems.
ISO/IEC 38507:2022 — Governance Implications of AI
STANDARD
AI GOVERNANCE
Governance guidelines assisting corporate boards and executive leadership in evaluating organizational AI oversight.
ISO/IEC 42005:2025 — AI System Impact Assessment
STANDARD
AI GOVERNANCE
An international standard outlining methodology for conducting comprehensive impact assessments on AI deployments.
ISO/IEC 38507:2022 — Governance implications of the use of AI by organizations
STANDARD
AI GOVERNANCE
Strategic governance guidance helping governing bodies and executive leadership oversee organizational AI adoption and accountability.