What does Biden's Executive Order on AI safety measures mean for businesses?
On October 30, U.S. President Joseph Biden issued a sweeping Executive Order (“EO”) focused on making AI safer and more accountable.
On October 30, U.S. President Joseph Biden issued a sweeping Executive Order (“EO”) focused on making AI safer and more accountable.
Imagine a world where you confidently navigate the complexities of General Data Protection Regulation (GDPR) compliance, streamline data processes, and safeguard sensitive information. Sounds enticing, right? The key lies in unlocking the secrets of GDPR data mapping. Let’s explore the ins and outs of this powerful process and learn how to harness its full potential for your organization.
US data transfers... are they allowed? Well. Yes. It depends....it’s complicated. Let’s get stuck in and I’ll explain all. In July this year, the EU Commission made an adequacy decision for the new EU-US Data Privacy Framework (DPF). This can be seen as Safe Harbor 3.0. Essentially, in most scenarios, data transfers from the EU to the US are now permitted without the need for other mechanisms such as Standard Contractual Clauses (SCCs).
Let’s explore the critical differences between SOC and SOX compliance. In the realm of information security and financial reporting, compliance enables organizations to build trust and transparency with stakeholders. To accomplish this, companies must adhere to specific regulations and standards. SOC and SOX represent two pivotal compliance frameworks that help maintain financial reporting integrity and data security.
The landscape of cybersecurity is evolving rapidly, and with it, so are the regulations governing it. One such significant development is the Securities and Exchange Commission's (SEC) recently finalised cybersecurity disclosure rules. These new rules are poised to change how businesses handle and disclose their cyber risk management strategies.
The new rules from the U.S. Securities and Exchange Commission (SEC) on reporting mark a significant shift in the requirements for disclosing cyber breaches, leaving many businesses wondering how their cybersecurity practices will be impacted in the long run. These new rules create significant new disclosure obligations for public companies, requiring timely and detailed disclosures of material cybersecurity incidents and periodic disclosures about cybersecurity risk management and governance.
Ahead of the upcoming AI Safety Summit to be held at the UK’s famous Bletchley Park in November, I wanted to outline three areas that I would like to see the summit address, to help simplify the complex AI regulatory landscape. When we start any conversation about the risks and potential use cases for an artificial intelligence (AI) or machine learning (ML) technology, we must be able to answer three key questions.