How PAR Is Transforming Payment Data Into Better Customer Experiences
PAR enhances payment data for improved customer experiences.
PAR enhances payment data for improved customer experiences.
EU's draft AI code faces industry backlash due to concerns over copyright, risk assessments, and transparency. Tech groups argue the rules are overly burdensome and may stifle innovation, particularly regarding mandatory third-party risk assessments. Critics highlight inadequate protections for fundamental rights and copyright law. Feedback on the draft is open until March 30, with a final version expected in May.
https://dig.watch/updates/eu-draft-ai-code-faces-industry-pushback
GPAI Code of Practice: EU's AI Act mandates GPAI providers, like GPT and Llama, to comply with copyright laws and create a Code of Practice for adherence. The 3rd Draft simplifies requirements, stressing proportional compliance based on provider size. Key areas include: establishing a copyright policy, responsible web crawling practices, identifying TDM opt-outs, mitigating copyright infringement risks, and appointing a copyright contact. The finalized Code is expected by May 2025, and stakeholder feedback is open until March 30, 2025.
https://www.taylorwessing.com/en/insights-and-events/insights/2025/03/gpai-code-of-practice
EIOPA released a consultation on AI governance and risk management for insurance. The Opinion guides insurance entities on AI use, emphasizing risk assessment, proportional governance, ethics, data management, and accountability. It highlights the importance of fairness, transparency, and documentation, while encouraging a customer-centric approach and regular review of AI strategies. Adequate data governance and redress mechanisms are mandated, not introducing new laws but clarifying existing regulations. Feedback is due by May 12, 2025.
Cybersecurity improvement doesn't require huge investments, just consistent, incremental changes. Focus on 1% enhancements like regular system updates, strong password policies, employee training, network segmentation, and reliable data backups. These small steps collectively provide substantial protection against threats, promoting a culture of persistence over perfection.
https://www.forbes.com/councils/forbestechcouncil/2025/03/13/improving-cybersecurity-by-1-at-a-time/
Cybersecurity faces rapid evolution due to disruptive technologies, regulations, and geopolitical factors. Key issues include U.S. government agency restructuring affecting security, the UK seeking backdoor access to encrypted data, and the impending threats of quantum computing on encryption. While AI offers benefits, it also raises risks like advanced cyberattacks. Organizations must prioritize proactive security measures and adaptability to thrive amidst these challenges.
https://www.morphisec.com/blog/encryption-ai-risks-policy-chaos-future-of-cybersecurity/
NIS2 transforms senior management and boards' approach to cybersecurity.
https://www.williamfry.com/knowledge/nis2-a-game-changer-for-senior-management-and-boards/
CIOs must consider five key questions before deploying agentic AI:
These considerations are crucial for successful AI integration, particularly regarding security and relevance.
https://www.ciodive.com/news/5-questions-agentic-AI-CIO/742296/
EU's new GPAI Code, delayed but published on March 11, aims to aid compliance under the AI Act for General Purpose AI providers. While it includes streamlined commitments and user-friendly documentation, concerns remain from tech bodies about copyright and risk evaluation requirements. Further guidance on GPAI models is forthcoming. Finalization is due by May; if not completed by August 2025, common rules may be established by the Commission. The success of this voluntary Code is crucial for practical implementation of the AI Act.
https://thelens.slaughterandmay.com/post/102k49e/ai-acts-new-gpai-code-out-finally
The NCSC report details publicly available hacking tools used by cybercriminals and nation-state actors, highlighting their accessibility and impact. It examines tools for credential theft, network exploitation, and persistence and urges organizations to strengthen defenses against these threats.
https://www.ncsc.gov.uk/report/joint-report-on-publicly-available-hacking-tools