South Africa’s Cybercrimes Act passed in May 2021 but has yet to come into force. The law creates new criminal offences for many cyber crimes, including hacking, ransomware, and cyber forgery.
But while the Cybercrimes Act will give police new powers to tackle online crime, it’s not only law enforcement that will be impacted. The law also imposes compliance and reporting obligations on certain private sector firms, too. There’s still time to prepare before the Cybercrimes Act takes effect.
PrivSec South Africa will explore how the Cybercrimes Act will impact the country’s private sector—and identify the steps businesses must take to prepare for enforcement.
Lawmakers from various regions across the United States are taking the reins in significant legislative drives to oversee the use of AI technology.
In the US, demands for power are outstripping availability as energy-thirsty technologies such as generative AI pile pressure on national electrical systems.
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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