Now Online Safety Act is law, UK has ‘priorities’ – but still won’t explain ‘spy clause’

November 21, 2024 at 05:46AM The UK government has outlined plans under the Online Safety Act to enhance online safety by mandating platform providers to prevent online harms. It emphasizes protecting children and promoting collaboration with Ofcom. However, it lacks details on the controversial Section 122 regarding law enforcement access to private communications. ### Meeting … Read more

Regulators Combat Deepfakes With Anti-Fraud Rules

October 30, 2024 at 11:54PM As AI deepfakes advance, regulators utilize existing fraud laws to address misuse despite the lack of specific federal legislation. Agencies like the FTC and SEC focus on combating deception and impersonation. Challenges around privacy, accountability, and recognition remain, necessitating proactive AI governance and monitoring to mitigate risks and maintain trust. … Read more

LinkedIn Hit With 310 Million Euro Fine for Data Privacy Violations From Irish Watchdog

October 25, 2024 at 09:47AM LinkedIn has been fined 310 million euros by Ireland’s Data Protection Commission for violations related to data privacy. This enforcement action highlights ongoing concerns about compliance with data protection regulations. **Meeting Notes Takeaways:** – LinkedIn has been fined 310 million euros. – The fine was imposed by Ireland’s Data Protection … Read more

SEC Charges 4 Companies Over Misleading SolarWinds Cyberattack Disclosures

October 25, 2024 at 06:34AM The SEC has charged four companies—Avaya, Check Point, Mimecast, and Unisys—for misleading disclosures about the 2020 SolarWinds cyberattack, violating federal securities laws. Fines include $4 million for Unisys and $1 million for Avaya. The companies downplayed the breach’s extent, leaving investors uninformed about risks. ### Meeting Takeaways – October 25, … Read more

Cloud threats have execs the most freaked out because they’re not prepared

September 30, 2024 at 07:38AM PwC’s cybersecurity report reveals that cloud threats are the top concern for 42% of business leaders, despite ransomware being lower on the list. Concerns align with least preparedness, with cloud attacks at 42%. Generative AI poses a growing security risk but also aids threat intelligence. Regulatory requirements drive cybersecurity investment … Read more

Meta Hit With $102 Million Privacy Fine From European Union Over 2019 Password Security Lapse

September 27, 2024 at 10:21AM Meta was fined over $100 million by the EU privacy regulator for a security breach involving Facebook users’ passwords. The Irish Data Protection Commission investigated after Meta notified them of the breach, where some passwords were stored in plain text. This is the latest in a series of hefty fines … Read more

Microsoft Names Deputy CISOs, Governance Council to Manage Security Push 

September 24, 2024 at 11:54AM Microsoft’s Secure Future Initiative (SFI) is materializing with the establishment of a Cybersecurity Governance Council steered by CISO Igor Tsyganskiy. This council, overseeing a vast cybersecurity engineering effort, appoints Deputy CISOs for specific domains. SFI aims to embed security as a core priority for all Microsoft employees, paired with senior … Read more

U.S. Proposes Ban on Connected Vehicles Using Chinese and Russian Tech

September 24, 2024 at 10:18AM The U.S. Department of Commerce is proposing a ban on connected vehicles using software and hardware from China or Russia. This includes Vehicle Connectivity System and Automated Driving System components, to prevent potential security and privacy risks. The ban aims to secure the automotive supply chain and will come into … Read more

Meta to Train AI Models Using Public U.K. Facebook and Instagram Posts

September 17, 2024 at 11:03PM Meta will start training its AI systems with public content from adult users in the UK on Facebook and Instagram. Users aged 18 and above will receive notifications explaining the process and how to object. Meta paused similar efforts in the EU but received support from the UK’s ICO. The … Read more

Ireland’s Watchdog Launches Inquiry into Google’s AI Data Practices in Europe

September 12, 2024 at 07:18AM The Irish Data Protection Commission has initiated a statutory inquiry into Google’s AI model, PaLM 2, to assess its compliance with data protection regulations when processing European users’ personal data. This inquiry aims to safeguard individuals’ rights and freedoms, following similar actions against other tech companies for potential privacy violations. … Read more