Facial recognition software maker IntelliVision has reached a settlement with the U.S. Federal Trade Commission after the regulator accused the AI-powered software vendor of deceptive marketing claims, including that its tools have "zero gender or racial bias" and market-leading levels of accuracy.
The Centers for Medicare and Medicaid Services has issued proposed "guardrails" to help ensure that the use of artificial intelligence for Medicare Advantage insurance plans does not result in inequitable access to healthcare-related services. The proposed rule will go into effect in 2026.
Patrick Benoit, a seasoned security leader and CyberEdBoard member, advises security leaders to lead by example and not worry about showing any of their own vulnerabilities, not least when they make a mistake. "It's OK to fail or misstep … That's what makes you a stronger leader," he said.
In the latest weekly update, ISMG editors discussed Tornado Cash's landmark legal victory and what it means for crypto mixers, the impact of artificial intelligence on data privacy, and advancements in cybersecurity for which the industry can be thankful as it heads into 2025.
The U.K. antitrust regulator called off an investigation into a $2 billion partnership between computing giant Alphabet and artificial intelligence startup Anthropic. The .K. Competition and Markets Authority probe sought to understand if the deal forms a "relevant merger situation."
Republican Donald Trump's return to the White House in January could bring significant changes to technology and cybersecurity policy in the United States, potentially reshaping federal approaches to AI regulation, industry investment and national security against rising digital threats.
Large language models developed by Meta and Mistral AI are among a dozen artificial intelligence models that fail to meet the cybersecurity and fairness requirements of the European Union AI Act, which went into effect on Aug. 1, said developers of a new open-source AI evaluation tool.
The U.S. Department of Treasury published final regulations Monday for investors planting dollars abroad that aims to restrict investments from the United States into sensitive technologies developed by foreign adversaries while continuing to ensure open investments practices remain intact.
The Biden administration declared artificial intelligence suitable for national security purposes in a Thursday directive providing guidance for AI governance and risk management for use in classified missions. The administration has sought to construct a raft of guidelines and framework for AI.
The European Commission appointed a 13 member team to draft the general purpose artificial intelligence code of practice mandated by the AI Act. The commission on Monday announced four working groups that will oversee drafting of the rules.
The U.K. antitrust regulator called off an investigation into the March $4 billion deal between Amazon and artificial intelligence firm Anthropic. "Amazon’s partnership with Anthropic does not qualify for investigation under the merger provisions of the Enterprise Act 2002," the regulator said.
It's yet to be determined whether a handful of states or the federal government will lead the charge in adopting comprehensive regulations involving the use of artificial intelligence in healthcare, said regulatory attorney Betsy Hodge, a partner in law firm Akerman.
ISMG's Virtual AI Summit brought together cybersecurity leaders to explore the intersection of AI and security. Discussions ranged from using AI for defense to privacy considerations and regulatory frameworks and provided organizations with valuable insights for navigating the AI landscape.
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.
The new U.K. Labour government is expected to significantly shift AI and data protection regulations. Jonathan Armstrong, legal expert and partner at Punter Southall Law, discussed the Labour Party's likely move toward stricter AI regulations, aligning more closely with EU standards.
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