This week, the European Union's AI Act has gone into force, marking a significant step in AI development. Starting Aug. 1, 2024, it will enforce strict rules on high-risk AI systems and prohibit harmful practices, to ensure transparency and protect fundamental rights.
U.S. Rep. Bill Foster discusses the need for government intervention to ensure AI remains beneficial to society. AI-generated deepfakes already pose risks. "The challenge to government and society is to make sure that when AIs become powerful, they are on your side," he said.
The International Monetary Fund suggested that governments consider a fiscal approach to remedy the damages artificial intelligence has brought to the environment and the economy. The agency proposed imposing a green tax on AI-related carbon emissions and taxing excess profits.
The Office of Management and Budget issued the first-ever governmentwide guidance for mitigating risks associated with the federal use of artificial intelligence, including specific actions agencies must complete within a year to help ensure the responsible use of emerging tools and technologies.
Privacy groups are urging European lawmakers finalizing the global treaty on artificial intelligence to tighten rules surrounding the use of AI by the private sector and states. Lawmakers and other country representatives are set to meet for final negotiations on the treaty on March 11.
More than two dozen countries during a December international summit in India committed to enacting AI regulations, but making the commitment may be easier than actually making the laws. Most countries - with the prominent exception of European Union members - lack specific AI guidance or policy.
Looking ahead to 2024, cybersecurity professionals and experts in artificial intelligence shared with ISMG their hopes for strong, responsible regulations and new partnerships with private sector stakeholders and international collaborators to keep pace with the evolving threat landscape.
In the latest weekly update, the former federal CISO, Grant Schneider, joins three editors at ISMG to discuss important cybersecurity issues, including advice for the next White House cyber director and liability concerns facing CISOs following SolarWinds and its CISO being accused of fraud.
The lack of AI regulation causes uncertainty and makes it challenging for companies to focus on the AI market, said Philipp Rösler, former vice chancellor of Germany and Acronis board member. Regulations should match the exponential development of AI to combat AI-supported cyberthreats.
The U.K. summit on artificial intelligence was a venue for officials to tout their AI aspirations and for participants to stress benefits of the emerging technology. Participants lauded the U.K. government for bringing together stakeholders, a model that will be replicated in France and South Korea.
As day one of the U.K. AI Safety Summit draws to an end, attendees said fears over losing control over AI systems is a future worry, although they appeared to agree that securing AI is a pressing topic for today. The summit is set to conclude on Thursday.
U.S. Vice President Kamala Harris called on artificial intelligence developers to ensure consumer privacy and security. "History will show that this was the moment when we had the opportunity to lay the groundwork for the future of AI," Harris said.
U.S. President Joe Biden says he expects to soon sign an executive order detailing how the United States can harness opportunities of artificial intelligence while protecting citizens from "profound" risks. The United States is far from enacting comprehensive AI regulation.
The British government's first-ever global summit on artificial intelligence will focus on mitigating cybersecurity and safety risks tied to the emerging technology. The AI Safety Summit planned for Nov. 1-2 will focus on mitigating risks tied to frontier AI.
Information Security Media Group recently concluded its Cybersecurity Summit: London, which brought together industry leaders for a day of informative sessions covering a diverse range of critical cybersecurity topics, including CISOs' vulnerability to liability, ransomware threats and burnout.
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