EU proposes regulations to ensure safe and responsible use of AI As part of its digital strategy, the European Union (EU) aims to regulate artificial intelligence (AI) to establish better conditions for the development and utilization of this innovative technology. AI has the potential to bring numerous benefits, including improved…
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EU’s record $US1.3 billion Meta fine
The significant fine sends a clear message to all digital service providers The European Union (EU) has imposed a historic €1.2 billion ($US1.29 billion) fine on Meta, the owner of the Facebook social media platform, for its failure to adequately protect the data of European Facebook users stored and processed…
Read MoreCrypto firms continue to clash with governments over regulations
Objections to EU proposals to regulate crypto. Anonymity is big within the world of cryptocurrency, from the anonymous crypto wallets to the creative pseudonyms of crypto and NFT creators. It’s a big selling point for consumers who don’t want their transactions to be traced. According to Amrit Dhami, associate analyst…
Read MoreStolen COVID-19 vaccination data leaked onto the Internet
Targeted EU medicine agency hit with a cyber attack in December 2020. The ongoing investigation of a cyberattack on European Medicines Agency has revealed that some of the unlawfully accessed documents related to COVID-19 medicines and vaccines belonging to third parties have been leaked on the Internet. Necessary action is…
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