🚨 AI Act Penalties: What You Need to Know! 🤖 The upcoming AI Act sets forth stringent regulations and hefty financial penalties for non-compliance. Here's a quick breakdown: ⚠️ For prohibited practices or data non-compliance: Fines up to €35 million or 7% of annual turnover. ⚠️ For other requirements, including general-purpose AI: Fines up to €15 million or 3% of annual turnover. ⚠️ For providing incorrect or misleading information: Fines up to €7.5 million or 1% of annual turnover. At PrivacyEngine, we are committed to helping businesses navigate these new regulations and avoid severe penalties. Our consultants are ready to ensure your AI operations are compliant and secure! Learn more about our AI compliance services here: https://hubs.li/Q02Jlx2D0 📅 Schedule some time to speak with us: https://hubs.li/Q02Jlz2y0 #AIAct #Compliance #DataProtection #PrivacyEngine #AIRegulation #CyberSecurity
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Why Data Privacy and Security Top the Concerns of AI Decision Makers! Here's why: ✅Regulatory Challenges: Laws like GDPR set high standards. Non-compliance can mean hefty fines and damaged reputations. ✅Trust and Reputation: Protecting data is key to earning consumer trust. Data breaches can have lasting negative impacts. ✅Financial Risks: Beyond fines, breaches mean legal fees and compensation costs. Investing in security is crucial. ✅Ethical Considerations: Ethical use of data is vital. Ensuring fairness and transparency in AI builds social trust. ✅Competitive Edge: Companies prioritizing data security stand out and attract privacy-conscious customers. Addressing these concerns isn’t just about compliance—it's about building a trustworthy, innovative, and sustainable future. Read more - https://buff.ly/4akurYM #AI #DataPrivacy #CyberSecurity #Innovation #EthicalAI #Trust #Cloudassert
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California’s 8 new AI laws set the stage for a new era in business compliance. Companies now must navigate regulations that focus on transparency, bias prevention, and data privacy. For example, one law requires companies using AI to assess potential discriminatory impacts before deploying their algorithms. Another mandates clear disclosure when AI is used to make decisions affecting consumers. Is your business prepared to comply with these landmark regulations? Let’s discuss the implications for your operations and how to stay ahead of these changes. #AIRegulation #BusinessCompliance #DataPrivacy #GlobalWaveConsulting #AI #TechLaw #CyberSecurity #AITransparency #AIInBusiness #CaliforniaTech #TheFutureIsNow https://buff.ly/4dhYWjR
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California’s 8 new AI laws set the stage for a new era in business compliance. Companies now must navigate regulations that focus on transparency, bias prevention, and data privacy. For example, one law requires companies using AI to assess potential discriminatory impacts before deploying their algorithms. Another mandates clear disclosure when AI is used to make decisions affecting consumers. Is your business prepared to comply with these landmark regulations? Let’s discuss the implications for your operations and how to stay ahead of these changes. #AIRegulation #BusinessCompliance #DataPrivacy #GlobalWaveConsulting #AI #TechLaw #CyberSecurity #AITransparency #AIInBusiness #CaliforniaTech #TheFutureIsNow September 22, 2024 at 10:00PM via Instagram https://lnkd.in/eKFakB_F
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If you're interested in understanding the impact of AI on GDPR, this European Parliament report titled "The Impact of the General Data Protection Regulation on Artificial Intelligence" is for you! 😎 The 100-page document provides key insights on cyber intelligence, including: 🚨 The combination of AI and big data presents serious risks to job security, social inclusion, and economic inequality. 🚨 #AI and #bigdata systems are prone to cyberattacks, potentially affecting critical infrastructure, causing large-scale data breaches, terrorist activities, and financial fraud. 🚨 The report raises significant concerns about data manipulation and the spread of misinformation to influence voter behavior. 🚨 It emphasizes the necessity for legal, ethical, and secure frameworks. 🚨 AI also has the potential to improve computational efficiency. #AI #GDPR #CyberSecurity #BigData #Innovation #TechRisks #LegalTech #EthicsInTech 🌐🤖📊
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As of August 1st, the EU AI Act has entered into force and the countdown to the AI Act having legal effect has begun. ⏱️ Is your business ready? 📲 At EY, our team can help your business navigate the AI Act with best-in-class AI legal advice, implementation, data governance and strategy, ensuring a confident transition in a changing regulatory landscape. 🤝 Find out more about the AI Act now – https://lnkd.in/dSGzY8zJ #EUAIAct #Cybersecurity #AI Peter Bolger | Eoin O'Reilly | Grit Young | Aarthi Kumar | Ciarán Hickey Tim Bøgh Morthorst | Ronan Walsh | Carol Murphy | Tim Cush Paul Pierotti
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I said we have lots in the planning…well here’s what’s on the agenda! Our next Webinar which sees us debating the challenges AI brings to organisations around security and the workforce as businesses explore new ways of working. Find out how this could leave your business exposed to security breaches and data leakage and what you can do to mitigate against this to protect your most valuable assets - data and people! Join us on September 3rd at 11am to find out more, Link below to register…. LIMA #AIandsecurity #thoughtleadership
🚨 Webinar Alert: The Perfect Storm – AI and Security 🚨 📅 Date: September 3 ⏰ Time: 11am 🔍 Join Ollie P., Head of Product at LIMA for a deep dive into how hackers are outsmarting your security measures and what this means for your business and IT team. What to Expect: 🔒 AI vs Security: Discover the hidden risks of AI and how it threatens your current defences. 💥 Bypassing Measures: Learn just how easy it is for hackers to evade your security protocols. 🔧 Effective Tools: Get insights on the tools and strategies that can combat these new threats. We’re thrilled to have Laura Darnley, Partner at Ward Hadaway onboard as a guest speaker. Laura will explore the impact of AI including: ⚖️ The implications of AI in employment law. 📈 Managing AI risks and benefits in the workplace. 🔮 Recent cases and future regulatory prospects. Don’t miss out on this essential discussion to stay ahead of evolving threats! Register Now: https://lnkd.in/e_XKyPZp #CyberSecurity #AI #Webinar #DataPrivacy #ITSecurity #Law #LegalSector
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Day 1 of IAPP Privacy.Security.Risk Conference. Let’s go! You can find the schedule here: https://lnkd.in/eGbgy4x9 I am thinking about attending the following: Show me the money: prove privacy’s ROI with the metrics that really matter Ripping out the machine: the future of model deletion Compliance kaleidoscope: adapting to big shifts in US Privacy Action! Privacy’s starring role during a ransomware attack response Quantum computing: a security threat, a privacy solution and a privacy right AI Governance: Balancing Privacy, Compliance and Risk Human Meets Machine: An AI Humanoid Robot Discusses the Future of AI Governance #PSR24 #iapp #iapppsr2024 #psr2024 #iapppsr24 __________________________________________ Hi! My name is Maverick! #TheDataLawyer I’m the Founder & Managing Attorney for Avant-Garde Legal, PC I post about pretty much anything related to Data and why you should consider a legal/risk management approach first or in tandem to upping your tech stack. More so, I just like making content on how this applies in real life so follow share and engage with my posts! #data #dataprivacy #dataprotection #dataprotectionlaw #artificialintelligence #ai #databreach #privacy #privacylaw #privacypro #cybersecurity Check out my last post here: https://lnkd.in/eiugYFzS
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AI Security Framework: AI and its expansion introduces security risks from threats like training data leakage, privacy concerns, and model poisoning can have catastrophic consequences. Training Data Leakage: ♾️ Refers to the inadvertent exposure of sensitive information within the dataset(s) used to train a model. ♾️ Potential impacts include breaches of confidentiality, loss of competitive advantage, and legal liabilities for organizations. Privacy: ♾️ AI systems' privacy risks could result in personal data exposure and violations of privacy regulations. ♾️ Robust data protection measures are crucial throughout an AI system’s lifecycle. Model Poisoning: ♾️Threat involves the injection of malicious data during model training, leading to compromised model behavior. ♾️Impact can result in severe consequences like misinformation, security breaches, and financial crises. Hence, We need AI regulations in place and more importantly its implementation from humanity perspective. #AI #privacy #aimodel #data #dataleak #security #cybersecurity #IT #server #bfsi #grc #audits #iso #UN #regulatory #law #policy #publicpolicy
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🚨 Are Your Prompts Safe? 🚨 In the fast-paced world of AI, we're all focused on the output, but what about the input? Your prompts might contain sensitive data, and if you're not securing them properly, you could be putting that information at risk. 🔐 Stay secure and keep innovating! 💡 #AI #DataSecurity #PromptSecurity #TechTrends #LLM #AIInteraction #PrivacyMatters #Cybersecurity https://lnkd.in/g5ktZYPa
Securing Prompts – Why It’s Crucial for Your Interactions with AI
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🚨 Webinar Alert: The Perfect Storm – AI and Security 🚨 📅 Date: September 3 ⏰ Time: 11am 🔍 Join Ollie P., Head of Product at LIMA for a deep dive into how hackers are outsmarting your security measures and what this means for your business and IT team. What to Expect: 🔒 AI vs Security: Discover the hidden risks of AI and how it threatens your current defences. 💥 Bypassing Measures: Learn just how easy it is for hackers to evade your security protocols. 🔧 Effective Tools: Get insights on the tools and strategies that can combat these new threats. We’re thrilled to have Laura Darnley, Partner at Ward Hadaway onboard as a guest speaker. Laura will explore the impact of AI including: ⚖️ The implications of AI in employment law. 📈 Managing AI risks and benefits in the workplace. 🔮 Recent cases and future regulatory prospects. Don’t miss out on this essential discussion to stay ahead of evolving threats! Register Now: https://lnkd.in/e_XKyPZp #CyberSecurity #AI #Webinar #DataPrivacy #ITSecurity #Law #LegalSector
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