Standards Comparison

    FISMA

    Mandatory
    2014

    U.S. federal law mandating risk-based cybersecurity programs

    VS

    EU AI Act

    Mandatory
    2024

    EU regulation for risk-based AI safety and governance

    Quick Verdict

    FISMA mandates risk-based cybersecurity for US federal systems via NIST RMF, while EU AI Act regulates high-risk AI with conformity assessments and lifecycle controls. Organizations adopt FISMA for contracts, AI Act for EU market access and trust.

    Cybersecurity

    FISMA

    Federal Information Security Modernization Act 2014

    Cost
    €€€€
    Complexity
    Medium
    Implementation Time
    18-24 months

    Key Features

    • Mandates NIST RMF 7-step risk lifecycle
    • Requires continuous monitoring and diagnostics
    • Applies to agencies and contractors handling federal data
    • Enforces annual IG independent maturity assessments
    • Demands real-time major incident reporting
    Artificial Intelligence

    EU AI Act

    Regulation (EU) 2024/1689 Artificial Intelligence Act

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    18-24 months

    Key Features

    • Risk-based classification of AI into four tiers
    • Prohibitions on unacceptable-risk AI practices
    • Conformity assessments and CE marking for high-risk
    • GPAI model transparency and systemic risk duties
    • Tiered fines up to 7% worldwide turnover

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    FISMA Details

    What It Is

    Federal Information Security Modernization Act (FISMA) of 2014 is a U.S. federal law establishing a risk-based framework for protecting federal information and systems. It modernizes the 2002 act, emphasizing continuous monitoring, incident reporting, and NIST standards for civilian executive branch agencies and contractors.

    Key Components

    • NIST RMF 7-step process: Prepare, Categorize (FIPS 199), Select/Implement/Assess (NIST SP 800-53 controls), Authorize, Monitor.
    • Agency-wide security programs with roles for CIOs, CISOs, AOs.
    • Oversight via OMB policy, DHS/CISA operations, annual IG assessments using maturity models.
    • Metrics aligned to NIST Cybersecurity Framework functions.

    Why Organizations Use It

    Mandated for federal agencies/contractors handling federal data; reduces breach risks, ensures market access via FedRAMP. Builds resilience, enables informed risk decisions, enhances trust/reputation.

    Implementation Overview

    Phased RMF lifecycle with inventory, SSPs, POA&Ms, continuous monitoring. Applies to all federal sizes/industries; requires IG audits, no central certification but ATOs per system. (178 words)

    EU AI Act Details

    What It Is

    The EU AI Act (Regulation (EU) 2024/1689) is a comprehensive EU regulation for artificial intelligence, directly applicable across Member States. It aims to ensure safe, transparent, and rights-respecting AI through a risk-based approach, tiering systems as unacceptable (prohibited), high-risk, limited-risk (transparency), or minimal-risk.

    Key Components

    • Prohibited practices (Chapter II), high-risk obligations (Chapter III: risk management, data governance, documentation, oversight, cybersecurity), transparency rules (Chapter IV), GPAI models (Chapter V).
    • Lifecycle requirements with conformity assessments, CE marking, EU database registration.
    • Built on product safety principles; enforced via hybrid governance (AI Office, national authorities).

    Why Organizations Use It

    • Mandatory for EU market access; fines up to 7% global turnover.
    • Mitigates safety, rights risks; builds trust in sectors like healthcare, finance, employment.
    • Enables competitiveness via compliance as market differentiator.

    Implementation Overview

    • Phased: prohibitions (6 months), GPAI (12 months), high-risk (24-36 months post-1 Aug 2024).
    • Inventory/classify AI, build QMS/RMS, conformity, monitoring; for providers/deployers globally.
    • Audits, post-market reporting; all sizes, high-impact industries.

    Key Differences

    Scope

    FISMA
    Federal info systems security
    EU AI Act
    High-risk AI systems lifecycle

    Industry

    FISMA
    US federal agencies/contractors
    EU AI Act
    EU-wide AI providers/deployers

    Nature

    FISMA
    Mandatory US law/RMF framework
    EU AI Act
    Mandatory EU regulation/conformity

    Testing

    FISMA
    Continuous monitoring/RMF assessments
    EU AI Act
    Pre/post-market conformity assessments

    Penalties

    FISMA
    Contract loss/debarment/IG reports
    EU AI Act
    Up to 7% global turnover fines

    Frequently Asked Questions

    Common questions about FISMA and EU AI Act

    FISMA FAQ

    EU AI Act FAQ

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