With only 90 early adopters, Federal Reserve's FedNow program faces the challenge of persuading U.S. banks to sign on to the real-time payments initiative launched in July. Experts say the Fed could learn some lessons from successful efforts in Brazil and India.
The drumbeat for potential federal legislation to better protect sensitive health information - or at least new regulations - appears to be growing louder in Congress. One of the Senate's four lawmaker doctors is quizzing the healthcare industry on ways to safeguard health data.
China hasn't ordered any restrictions on the use of Apple iPhones by government agencies, according to a Chinese government spokesperson, but the official cited recent security flaws in the iPhone and warned that foreign mobile device manufacturers must abide by domestic information security laws.
As tech companies have jumped to incorporate AI in products, artificial intelligence with no human supervision runs the risk of catastrophe, warned two tech executives before a panel of U.S. senators who intend to introduce regulatory legislation later this year.
Federal regulators have smacked a large California health plan with a $1.3 million fine to settle potential HIPAA violations for two relatively small breaches that affected about 2,250 individuals. But officials indicate "long-standing HIPAA deficiencies" were a "systemic" problem at the insurer.
Adobe, IBM, Nvidia, and five additional tech giants on Tuesday signed onto a White House-driven initiative for developing secure and trustworthy generative artificial intelligence models. The commitments, at least for now, are the closet approximation of targeted AI regulation in the United States.
A federal judge has given the green light for attorneys to proceed with a consolidated class action lawsuit against Meta that accuses the social media giant of intercepting sensitive health information with its Pixel tracking tools used in numerous healthcare websites and patient portals.
A Norway court sided with the country's data protection authority in a battle against Facebook over surveillance based-ads, ruling that the agency has the authority to tell the social media giant to temporarily halt behavioral tracking without explicit consent or face daily fines.
California Gov. Gavin Newsom on Wednesday signed an executive order to study the development, use and risks of artificial intelligence, and develop a process to deploy "trustworthy AI" in the state government. The order calls for a staggered implementation over the next two years.
The U.K. government may have sidestepped a fight with American tech companies by appearing to soften a legislative mandate for chat apps to actively scan for terrorist and child sexual abuse content. The House of Lords is set this week to return the Online Safety Bill to the House of Commons.
An Alabama pediatric dental practice is notifying nearly 130,000 patients that their sensitive information was compromised in a recent cyberattack. The entity appears to have potentially paid a ransom in exchange for a promise by hackers to destroy breached data without further releasing it.
The Dutch privacy regulator says imminent artificial intelligence regulation in the European Union may fail to prevent the rollout of dangerous algorithms. Europe is close to finalizing the AI Act, but citizens of the Netherlands "should not expect miracles," the regulator said.
Australia's information commissioner has urged organifzations to quicken the process of notifying those affected by data breaches instead of spending months analyzing each incident. Angelene Falk said it can take anywhere from 20 days to five months to notify breach victims, putting them at risk.
The Federal Trade Commission and the Department of Health and Human Services have publicly named 130 hospitals and telehealth companies that were recently warned that the use of online tracking tools in their websites or mobile apps potentially violates federal data privacy and security regulations.
The U.K. plans to hold its first-ever global summit on artificial intelligence this November. Goals of the event include detailing AI risks and opportunities, building effective frameworks for using AI safely, and setting international standards to manage AI risks and enforce norms.
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