In a rapidly evolving technological landscape, the National Institute of Standards and Technology (NIST) has released crucial guidance on managing risks associated with generative AI (GenAI). Our latest client alert delves into the newly published GenAI Profile (NIST AI 600-1), which outlines 12 potential high-level risks and offers actionable strategies for mitigation by breaking down these mitigation strategies into four categories: govern, map, measure, and manage. From addressing data privacy concerns to ensuring compliance with future AI laws, this alert provides insights for organizations to navigate the complexities of GenAI responsibly. Read the full alert to understand how aligning with NIST’s recommendations can fortify your AI governance program and prepare you for upcoming regulatory changes.