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AI Regulation in Finance: Steering the Future with Consumer Protection at the Helm

Centraleyes

The financial industry is experiencing a gold rush of sorts with the integration of Artificial Intelligence (AI) technologies. With huge data volumes processed by the financial services sector, AI holds much promise for the industry. AI is a data-hungry beast, and banks produce a staggering amount of data these days.

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New Jersey Privacy Act: What to Expect

Centraleyes

“New Jersey has long been a leader in data privacy,” stated Brandon Pugh, CIPP/US, CIPM, R-Street Institute Policy Director for Cybersecurity and Emerging Threats. The bill requires a controller to conduct a data protection impact assessment before processing personally identifiable information.

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Cybersecurity & Artificial Intelligence (AI) – a view from the EU Rear Window, Part II

McAfee

In Part I of this blog, we discussed the debate around AI: what it is, whether it exists, and to what extent it plays a role in our daily lives. I bet you next thing you know, we will have an official EU Commission position on the legitimate interest of processing personal data for the sake of AI in the field of cybersecurity.

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Turning Aspiration into Action to Protect Financial Institutions

Thales Cloud Protection & Licensing

The fact is, bad actors make plans and prey upon unprotected data – a very valuable currency. Data security professionals also make ambitious plans, but implementation rates are too low – a key finding in the 2019 Thales Data Threat Report-Financial Services Edition. financial services organizations is slowing.