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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Security Boulevard

The financial industry is experiencing a gold rush of sorts with the integration of Artificial Intelligence (AI) technologies. The post AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm appeared first on Security Boulevard.

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AI-generated voices in robocalls are illegal, rules FCC

Malwarebytes

The Federal Communications Commission (FCC) has announced that calls made with voices generated with the help of Artificial Intelligence (AI) will be considered “artificial” under the Telephone Consumer Protection Act (TCPA). Violations of the TCPA are subject to stiff civil penalties.

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Stretching the boundaries through artificial intelligence: the European proposal for a dedicated regulation. The protection of personal data.

Privacy and Cybersecurity Law

Artificial intelligence feeds on data: both personal and non-personal. It is no coincidence, therefore, that the European Commission’s “ Proposal for a Regulation laying down harmonized rules on Artificial Intelligence ”, published on April 21, 2021 (the Proposal), has several points of contact with the GDPR.

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Facebook sued for siphoning facial recognition data without consent

Malwarebytes

Facebook was able to collect such data via its face recognition technology. Six years ago, Yann LeCun, currently Chief AI Scientist at Meta, gave Facebook users an idea of how his team approached its work in artificial intelligence research and facial recognition. Instead, he sees it as a deceptive scheme against Texans.

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Governor Newsom Vetoes California's Landmark AI Regulation Bill

SecureWorld News

The bill, seen as a model for national AI legislation, sought to establish sweeping oversight over the booming artificial intelligence industry in California. Ultimately, any framework for effectively regulating Al needs to keep pace with the technology itself." The veto sparked mixed reactions. Yes, several states in the U.S.

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GUEST ESSAY: A primer on best practices for automating supply chain cybersecurity

The Last Watchdog

Businesses must automatically secure their supply chains to protect themselves and comply with consumer-protection laws. Supply chain professionals have to ensure their technology can scale to meet demand increases. For example, quality artificial intelligence only needs milliseconds to process millions of data points.

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The Need for Trustworthy AI

Schneier on Security

It doesn’t take much extrapolation from today’s technologies to envision AIs that will plan trips for you, negotiate on your behalf or act as therapists and life coaches. We expect those will be largely cleaned up as the technology improves over the next few years. Is your AI agent secretly a double agent?