Asokan is a U.K.-based senior correspondent for Information Security Media Group's global news desk. She previously worked with IDG and other publications, reporting on developments in technology, minority rights and education.
The European Central Bank beginning this month will conduct cyber stress tests on banks to determine their resilience against cyberattacks. The agency is requiring 109 banks in Europe to perform vulnerability assessments and incident response evaluations by mid-2024.
The U.K.'s highest court on Wednesday affirmed that an artificial intelligence system cannot be granted ownership of patents. AI "is not a person, let alone a natural person and it did not devise any relevant invention," wrote Justice David Kitchin.
The U.K. national institute for artificial intelligence urged the government to establish red lines against the use of generative AI in scenarios in which the technology could take an irreversible action without direct human oversight. The U.K. government has sought to cultivate responsible AI.
The U.K. government is in no rush to legislate artificial intelligence, Secretary of State for Science, Innovation and Technology Michelle Donelan said on Wednesday, warning that a hard regulatory approach to AI could risk stifling innovation in this emerging sector of the economy.
A U.K. parliamentary committee investigating ransomware threats recommended a more aggressive stance against threat actors and said the government should consider making incident reporting mandatory and provide government support for public sector victims "to the point of full recovery."
The U.K. government has sanctioned 14 individuals and groups that illegally employed human trafficking victims in online crypto and investment scams. Sanctioned individuals include a Chinese national previously targeted by the U.S. Treasury for running a gambling and trafficking business in Laos.
The European Union will enforce its imminent regulation on artificial intelligence in phases, and bans on the use of prohibited AI are expected to kick in within six months of the regulation's adoption, a European Commission official said on Monday.
European lawmakers and officials failed to hammer out a compromise regulation on artificial intelligence after two days of talks that stretched over 22 hours and were intended to culminate in a Thursday settlement. The European Union has been at work on the Artificial Intelligence Act since 2021.
British Conservative lawmakers are pushing ahead with legislation modifying the U.K. codification of European privacy law despite objections from privacy advocates and concerns about the legislation's impact on European trade. Government backers say the bill will bolster the domestic AI industry.
Nearly two dozen national cybersecurity organizations on Sunday urged AI developers to embrace "secure by design" and other preventive measures aimed at keeping hackers out from the mushrooming world of AI systems. The United Kingdom and United States spearheaded its development.
European lawmakers slammed the EU executive branch's inaction after a parliamentary committee called for tougher rules designed to prevent spyware abuse across the trading bloc. More than half of European Parliament lawmakers backed a resolution demanding rapid action.
North Korean state-affiliated hackers are continuing to exploit zero-days in popular software applications as part of global supply chain attack campaigns for espionage and financial theft purposes, British and South Korean cybersecurity and intelligence officials said.
European electoral and cybersecurity authorities on Tuesday held a joint exercise assessing plans to hold an incident-free election, weeks after trading bloc cybersecurity agency ENISA said the election is at risk from deepfake images and videos.
Britain's privacy watchdog on Friday said it will continue fighting to impose a fine on Clearview AI for allegedly violating the privacy rights of Britons after a tribunal sided with the facial recognition company by vacating a 7.5 million-pound penalty.
European lawmakers behind an artificial intelligence regulation that's close to finalization predicted Thursday the law will set global standards. "We want AI to develop in Europe, and this is why we want to build a trustworthy ecosystem," said Brando Benifei.
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