- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Aaron Nicodemus2024-10-22T14:37:00
The Department of Justice has proposed a new rule that would regulate the use of Americans’ personal information by foreign companies and foreign persons in six “countries of concern,” including China and Russia.
The notice of proposed rulemaking would prohibit and restrict the sale of private data to those nations, to try and blunt their efforts to use it for espionage, coercion, influence, blackmail and other cyber-enabled activities.
In addition to Russia and China (and Hong Kong and Macau), the other nations included in the rule were Cuba, Iran, North Korea and Venezuela.
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Clearview AI was fined 30.5 million euro (U.S. $33.8 million) by the Dutch Data Protection Authority and ordered to stop collecting images of Dutch citizens in the latest enforcement action against the U.S. company.
Meta agreed to pay $1.4 billion to the state of Texas to settle allegations regarding the unauthorized capture and use of personal biometric data of state residents.
TikTok is suspending new features amid an inquiry by the European Commission into its compliance with the Digital Services Act, all while responding to a U.S. ban just signed into law.
Businesses need to follow the consumer protection rules of the Fair Credit Reporting Act (FCRA) when engaging in employee surveillance, which includes background reports about employees produced by third parties using artificial intelligence, the Consumer Financial Protection Bureau (CFPB) said Thursday in new guidance.
New York financial institutions are expected to address cybersecurity risks posed by artificial intelligence (AI), and new guidance from the New York Department of Financial Services is aimed at helping firms do just that.
Concerns about how robustly European member states may enforce the EU AI Act, which took effect on Aug. 1, are divided between if regulators will take a “light touch” approach or a sledgehammer for noncompliance. One thing’s for sure, the pace of AI innovation will make enforcement very difficult.
