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ESMA proposes revisions to sustainability reporting for SMEs to reduce greenwashing
The European Securities and Markets Authority (ESMA) has put forward fresh proposals to amend the upcoming sustainability reporting standards for small and medium-sized enterprises (SMEs) listed on the market.
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Big tech aligning with EU compliance rules
According to the Ireland’s Data Protection Commission (DPC), the world’s big tech firms are taking proactive steps with European law makers to ensure AI offerings comply with Europe’s stringent data protection regulations.
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ChatGPT continues to fall short of data standards
According to a new report, OpenAI is still not putting enough effort into reducing the number of inaccuracies in its ChatGPT chatbot, resulting in a failure to comply with EU data rules.
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US Business Tycoon Aims for TikTok Purchase
US billionaire Frank McCourt has unveiled plans this week to spearhead a consortium aimed at acquiring TikTok’s US company.
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Data breaches prompt ICO demand for greater data protection efforts in AI era
According to reports, the UK’s Information Commissioner’s Office (ICO) was sent over 3,000 reports of cyber incidents through last year.
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Japan aims for AI regulation talks
The Japanese government has announced plans to talk through new laws aimed at harnessing the growth of generative AI, with discussions set to take place this summer.
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Geneva to host AI risk talks between US and China
The USA and China are set to convene in Geneva today to iron out proposals on how artificial intelligence (AI) should be harnessed, with a particular focus on risk mitigation.
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US state legislators driving AI regulation despite resistance from industry chiefs
Lawmakers from various regions across the United States are taking the reins in significant legislative drives to oversee the use of AI technology.
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US utilities struggling to meet demand of energy-thirsty AI
In the US, demands for power are outstripping availability as energy-thirsty technologies such as generative AI pile pressure on national electrical systems.
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Banks poised for increased risk due to AI
A leading banking regulator has issued a stern warning over the risks that financial institutions face as they move to integrate artificial intelligence (AI) and machine learning (ML) into governance operations.
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New bill proposes US federal data privacy framework
Senate Commerce Committee Chair Maria Cantwell and House Energy and Commerce Committee Chair Cathy McMorris Rodgers have unveiled the American Privacy Rights Act.
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US citizens want stronger AI laws
Concerns over personal privacy are intensifying among US citizens in the face of rapid AI tech development, a new study shows.
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US bolsters AI regulation and compliance standards
Deputy Attorney General Lisa Monaco recently gave a speech outlining a new Department of Justice drive to tackle criminal behaviour and compliance issues associated with AI technology.
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AI leading to reduction in staff numbers
AI is set to result in reduced employment across many companies over the next five years, a recent survey by staffing provider, Adecco suggests.
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AI safety test collaboration announced between UK and US
The United Kingdom and United States have unveiled a fresh collaboration move on AI safety in a bid to address mounting worries over the technology’s rapid evolution and what it may mean for business.
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Risk and reward: How AI is driving the US debt collection industry
Artificial intelligence (AI) is making significant strides in debt collection in the United States, delivering improved efficiency and more effective compliance with regulations. However, many are concerned about potential bias and harassment risks.
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Bloomberg seeks dismissal of copyright AI training lawsuit
A New York federal judge has been asked by Bloomberg LP to throw out of court a lawsuit brought by the governor of Arkansas and other writers, in a dispute that highlights the delicate evolution of AI regulation.
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How is AI altering corporate approaches to cybersecurity?
Artificial Intelligence (AI) is reshaping the cybersecurity arena; it’s transforming how we guard digital resources and protect vital infrastructure, in turn unlocking efficiency on previously unimaginable scales.
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Unlock the potential of AI responsibly and effectively
AI technology is revolutionizing the landscape of governance, risk management, and compliance (GRC) by introducing a myriad of operational, compliance, and regulatory risks alongside numerous benefits for GRC professionals.
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Global Privacy Day goes live tomorrow
Livestreaming Thursday January 25, Global Privacy Day brings up-to-the minute insight and guidance on the current and future challenges in data protection and privacy.