90 Days Until EU AI Act Enforcement: Is Your AI System Ready?
The European Union’s landmark AI Act enforcement is just around the corner, with only 90 days left. This comprehensive legislation will significantly impact companies deploying or utilizing AI technologies across the EU.\
3. Non-compliance with the prohibition of the AI practices referred to in Article 5 shall be subject to administrative fines of up to 35 000 000 EUR or, if the offender is an undertaking, up to 7 % of its total worldwide annual turnover for the preceding financial year, whichever is higher.
To avoid costly pitfalls and ensure a smooth transition, proactive preparation is essential. Here are key steps your business should prioritize to achieve compliance:
1. Map AI System Touchpoints
Begin by identifying every area in your operations where AI systems interact with user data, internal processes, and external stakeholders. Mapping these interactions clearly helps you understand and document your AI systems’ full scope, usage, and potential risks—critical for compliance and risk mitigation.
2. Implement Usage & Consent Logging
Compliance under the AI Act requires meticulous tracking of AI interactions, including explicit user consent and data usage. Establish robust logging mechanisms to transparently capture:
- How data is collected and processed
- Consent provided by users
- Any automated decisions or actions taken by AI systems
Clear, comprehensive logs not only enhance transparency but also build trust with users and regulators.
3. Conduct Regular Red-Team Assessments
Regularly scheduled red-team exercises—simulated attacks designed to test your AI systems—are essential. These assessments proactively uncover vulnerabilities, biases, and ethical concerns, allowing your team to rectify issues before regulators step in.
Stay Ahead of the Curve
Time is limited. Companies that act decisively now will have a strategic advantage when the AI Act comes into force. Prioritizing compliance will not only help you avoid legal and financial penalties but also position your business as a responsible and forward-thinking leader in AI innovation.
Is your organization ready for the EU AI Act?
Let’s discuss how Blocksoft can support your compliance journey, ensuring your AI solutions remain both innovative and fully aligned with EU regulations.