Recent guidance from the Cybersecurity & Infrastructure Security Agency (CISA), the Federal Bureau of Investigation, and the National Security Agency (NSA) is encouraging software manufacturers to make sure their products are secure "out of the box." The report, titled "Shifting the Balance of Cybersecurity Risk: Principles and Approaches for Security-by-Design and -Default," aims to reduce customers' effort of continual monitoring and maintenance. In response, the European Union recently passed the Cyber Resilience Act, which aims to protect products from threats. Ray Kelly, a Fellow of the Synopsys Software Integrity Group, emphasizes the importance of secure software to prevent vulnerabilities. Join experts at the Synopsys Software Integrity Group’s AI Investment Summit (July11-12) for advice on optimizing and integrating AI investments.
Senate Majority Leader Chuck Schumer announced a plan to create regulations on the use of Artificial Intelligence (AI) with an aim to protect the user and review the reliability and standards. This regulation is great news for developers and users, as they can use AI services without the fear of misuse or potential risks. It will also help the US stay ahead of China with this powerful technology.
Modern financial institutions need data to keep up with changing customer expectations and comply with legal regulations. Mastercard's Chief Data Officer JoAnn Stonier shares insights into its approach of optimizing their infrastructure with multicloud, quality assurance and security measures, supported by advanced analytics tools. Citi on the other hand tackles the issue of data sprawl by consolidating the data from multiple legacy systems and using external data providers, open-source tools and in-house analytics. Mastercard is dedicated to data protection and security, and continues to strive for data-driven insights and innovation.
This article discusses the recent order issued by Garante, Italy's data protection agency, to halt processing of data belonging to individuals in the country against OpenAI, an American AI chatbot service. OpenAI must follow privacy regulations and procedures, provide security measures, and submit a list of data subjects to lift the restriction. OpenAI's founder and Chief Product Officer, Sam Altman, has expressed his commitment to privacy and security. Garante has promised to remain transparent in this process.
OpenAI has responded to an Italian suspension order by blocking access to their chatbot ChatGPT and making a commitment to comply with all GDPR requirements. Aiming to further protect users' rights, they will implement changes and maintain their high privacy and security standards before the stipulated deadline. Keep your data secure and your online experience more enjoyable with OpenAI.