Remove Consumer Protection Remove Penetration Testing Remove Risk
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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The AI revolution in finance presents numerous opportunities and, simultaneously, the potential for many risks , specifically regarding consumer protection. Financial institutions must emphasize trust-building measures by preserving data privacy and consumer protection to mitigate risk in AI systems.

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SEC Issues Cybersecurity Alert For Brokers And Financial Advisers

Privacy and Cybersecurity Law

On May 17, 2017, the US Securities and Exchange Commission (SEC), through its National Exam Program, issued a “ Risk Alert ” to broker-dealers, investment advisers and investment firms to advise them about the recent “WannaCry” ransomware attack and to encourage increased cybersecurity preparedness.

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Camera tricks: Privacy concerns raised after massive surveillance cam breach

SC Magazine

“When an attacker gains access to surveillance cameras, the amount of knowledge which stands to be gained could be vast and poses a very real physical security threat,” said James Smith, principal security consultant and head of penetration testing at Bridewell Consulting. This is a design failure,” agreed Kulkarni. “It