March 13, 2024 at 12:51PM The European Union lawmakers approved the Artificial Intelligence Act, shaping the world’s first comprehensive set of AI regulations. The Act employs a risk-based approach, classifying AI applications into low and high-risk categories, with stringent regulations for high-risk uses. It also includes provisions for generative AI models and aims to influence … Read more
March 12, 2024 at 10:57AM Eye Security, a Hague-based cybersecurity firm, raised €36 million in a Series B funding round, led by J.P. Morgan Growth Equity Partners. The company provides mid-market businesses with enterprise-level cybersecurity products and aims to expand its presence in European markets like Belgium and Germany. Eye Security also helps businesses comply … Read more
January 30, 2024 at 05:02PM Apple is modifying iOS, Safari, and the App Store to adhere to the EU’s Digital Markets Act. The changes will enable support for third-party app stores, non-Apple payment options, and alternative web browsers. This includes over 600 new APIs. However, Apple warns of increased risks such as malware and fraud … Read more
December 9, 2023 at 03:00PM EU negotiators reached a historic deal on comprehensive artificial intelligence rules, addressing generative AI, face recognition surveillance, and potential risks. While hailed as a milestone, civil society groups remain cautious, seeking more robust safeguards. The AI Act, set to be voted on in early 2022, could have global implications, with … Read more
October 31, 2023 at 02:54AM Meta plans to introduce an ad-free subscription option for users in the EU, EEA, and Switzerland to comply with data protection regulations. The subscription will cost €9.99/month on the web and €12.99/month on iOS and Android. Users can choose to continue using the personalized services with ads for free or … Read more
October 26, 2023 at 10:39AM Amazon is launching an independent cloud for Europe, called the AWS European Sovereign Cloud, in order to address strict regulations faced by companies and the public sector in the European Union. This cloud will have the same security, availability, and performance as existing AWS regions but will be separate from … Read more
October 16, 2023 at 02:44PM The Women Political Leaders Summit 2023 conference attendees were targeted by a cyber espionage campaign through a spoofed event website loaded with a malware called ROMCOM 4.0. The campaign focused on individuals promoting gender equality in the European Union. The cybercriminal group behind the attack, Void Rabisu, has evolved from … Read more