Companies slammed with a fresh wave of GDPR fines with Clearview still in EU’s data crosshairs
Clearview AI was hit with its largest GDPR fine yet from Dutch regulators A slew of General Data Protection Regulation (GDPR) fines over the past month indicate that data protection authorities are continuing to clamp down on what they perceive to be violations of the data protection act. Among them is the Netherlands’ data protection […]
Terrorism (Protection of Premises) Bill or ‘Martyn’s Law’ is back on the legislative table: here’s what you should be doing to prepare
In 2022 the UK government announced details for the Protect Duty or Terrorism (Protection of Premises) Bill, also known as ‘Martyn’s Law’ in tribute to Martyn Hett who was killed alongside 21 others in the Manchester Arena terrorist attack in 2017. The law is meant to ensure stronger protections against terrorism in public places and […]
UK signs first international treaty addressing AI risks
The treaty demonstrates the strong interest in international standards for artificial intelligence The UK Government signed the first international treaty to manage artificial intelligence (AI) risks globally. This framework, agreed by the Council of Europe, commits participating nations to collective action in managing AI technologies, with a focus on protecting the public from potential misuse. […]
Verhaftung des Telegram-Chefs: Was steckt dahinter und welche Rolle spielt die App?
Pawel Durow, der Gründer und CEO von Telegram, wurde festgenommen, da seine Plattform systematisch dazu genutzt wird, illegale Aktivitäten wie Drogenhandel, Betrug, Cybermobbing, organisierte Kriminalität und Terrorismus zu erlauben. Die Behörden werfen Telegram vor, nicht ausreichend gegen die Verbreitung dieser illegalen Inhalte vorzugehen und somit die Verbreitung von schädlichem Material auf ihrer Plattform zu begünstigen. […]
Aleph Alpha stellt EU-konforme KI vor
Eine neue Ära für transparentes maschinelles Lernen In der Welt der Künstlichen Intelligenz (KI) gab es kürzlich eine bedeutende Ankündigung: Aleph Alpha, ein in Deutschland ansässiges Unternehmen, stellte seine neueste EU-konforme KI-Plattform vor. Diese Entwicklung markiert einen wichtigen Schritt in Richtung transparenter und ethisch verantwortungsvoller Künstlicher Intelligenz, die den strengen europäischen Datenschutzbestimmungen entspricht.
Yelp reicht Klage gegen Google wegen Monopolmissbrauchs ein
Yelp hat eine Klage gegen Google eingereicht, die sich auf das wettbewerbswidrige Verhalten des Tech-Giganten konzentriert. In der Klage wirft Yelp Google vor, seine Monopolstellung im Bereich der allgemeinen Suche zu missbrauchen, um den Markt für lokale Suchdienste und Werbeanzeigen zu dominieren. Kernpunkte der Klage Yelp behauptet, dass Google systematisch seine eigenen Produkte in den […]
Hong Kong fines WeChat Pay HK for AML/CFT breaches
The company was fined HK$875K by the Hong Kong Monetary Authority, in an effort to send a strong warning to the industry WeChat Pay HK was fined HK$875,000 by the Hong Kong Monetary Authority (HKMA) due to breaches in anti-money laundering (AML) and counter-financing terrorism (CTF) laws. With this fine, the HKMA is sending a […]
FAQs and answers that will help you recommit to a zero-tolerance policy against sexual harassment at work
At a time when many employees are returning to the office after summer holidays, it’s crucial to take a moment to recommit to the core values that define a safe and respectful workplace. One of the most important of these is a zero-tolerance policy against sexual harassment. With more people back in shared spaces, the […]
BCG admits to bribery in Angola
The global consulting giant paid millions of dollars to secure lucrative contracts In a case that highlights the ongoing issue of corruption in Africa and the importance of mitigating bribery risks, Boston Consulting Group (BCG) admitted that some of the US consultant company’s employees bribed officials in Angola in exchange for business. The firm avoided […]
What firms need to know about ongoing monitoring
A guide to AML compliance that can help make sure your firm doesn’t fall short As anyone in the regulated sector knows, anti-money laundering (AML) regulations are constantly changing. It feels like one AML directive comes out and then we are already preparing for the next one. Sanctions are also ever-evolving. One day a country […]
