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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-13T19:52:00
The European Data Protection Board (EDPB) is the latest regulatory body assessing the applicability of ChatGPT amid skyrocketing data privacy concerns regarding the popular artificial intelligence (AI) platform.
The EDPB on Thursday said it would launch a dedicated task force to exchange information and coordinate any potential enforcement actions undertaken by EU data protection authorities (DPAs) concerning ChatGPT. The chatbot, created by OpenAI and launched in November, is programmed to interact with users in a conversational manner and can discuss and write about thousands of topics.
The EDPB’s action follows the ban of ChatGPT in Italy by the country’s DPA, which alleged the platform doesn’t have effective controls to stop it interacting with young children without parents’ permission and other violations of EU data privacy laws. In the aftermath of the Italian DPA’s March 31 announcement, data protection officials in France, Germany, Ireland, and Spain have suggested the countries were considering similar bans.
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2023-04-28T19:08:00Z By Kyle Brasseur
ChatGPT restored access for Italian users after changes to its privacy controls were welcomed by the country’s data protection authority.
2023-04-26T15:23:00Z By Neil Hodge
Scrutiny into ChatGPT has reignited concerns the General Data Protection Regulation is either stifling innovations in technology or that the legislation is not flexible enough to keep pace with technological advances. Experts weigh in.
2023-04-18T20:09:00Z By Adrianne Appel
The European Union’s draft law to regulate artificial intelligence must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter.
2024-11-26T19:59:00Z By Jeff Dale
The U.K. Financial Conduct Authority fined the London branch of Australian-based Macquarie Bank Limited more than 13 million pounds (U.S. $16.3 million) for “serious control failures” that allowed a trader to conceal hundreds of fictitious trades over a 20-month period.
2024-11-26T17:29:00Z By Aaron Nicodemus
French defense and aviation contractor Thales Group is under investigation by authorities in the U.K. and France for allegedly participating in bribery and corruption.
2024-11-26T14:53:00Z By Aaron Nicodemus
Hedge fund manager Scott Bessent, named by Donald Trump on Friday as his nominee for Treasury Secretary, has a clear mandate to deregulate the financial markets should he take the helm.
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