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This comes up the moment a product ships a model-backed feature and a buyer asks what the model does with their data. The questions arrive faster than most frameworks have adapted to them.
The failures that matter are architectural rather than prompt-level: what the model can reach, what it retains, what happens to its output downstream, and whether anybody can say which models touch customer data.
Not specifically. SOC 2 will ask whether access is controlled and changes are managed. It will not ask whether customer data is used for training or how you evaluate a model for degradation, which buyers ask every time.
ISO 42001 is the AI management system standard, and the NIST AI RMF is a widely used risk framework. The EU AI Act imposes obligations based on how a system is classified.