Cybersecurity legislation

$1.2 million settlement over cybersecurity breaches at cryptocurrency platformThe New York Department of Financial Services fines a major crypto trading platform for lapses in its cybersecurity programOn May 1, the New York Department of Financial Services (NYDFS or "Department") reached an agreement with a trading platform to address deficiencies found during inspections conducted in 2018 and 2020. The agreement focused on several issues related to the company's cybersecurity program and resulted...

OneMain financial hit with $4.25M fine over cybersecurity lapsesNYDFS imposes multimillion penalty on lender for alleged violations of the cybersecurity regulationThe New York Department of Financial Services (NYDFS) has recently publicized a $4.25 million fine against OneMain Financial Group LLC. The reason behind this stringent measure relates to OneMain's alleged violations of the Cybersecurity Regulation, also known as 23 NYCRR Part 500.Specific information...

Artificial intelligence regulation in China: the new draft measuresChina aims for broader control over generative AI: focus on core socialist values, regulation of training data and protection of users rightsJust four months after the first legislative measures regarding AI, called "Deep Synthesis Measures on Internet Information Services Administration", the CAC (Cybersecurity Administration of China) introduced the "Deep Synthesis Measures". AI draft". This sudden return to the legislative table appears...

The national cybersecurity strategy: protection, resilience and digital autonomy for ItalyTackling cyber threats, promoting the national economy and spreading a culture of security to guarantee the country's digital futureOn May 18, the National Cybersecurity Strategy (2022-2026) was approved by the ACN (National Cybersecurity Agency) during a meeting of the Interministerial Cybersecurity Committee chaired by Prime Minister Mario Draghi. This decision was taken at a time of emergency for the cyber attacks that have hit...

AI and predictive policing: an ethical dilemma in the digital ageFrom the debate on the ethical use of AI to the new regulations in sight, the article explores the implications of predictive policing and the impact on the individual and societyThe landscape of ethics in Artificial Intelligence (AI) is marked by lively debate. One of the most controversial aspects concerns the use of AI in sectors that could have a significant impact on human rights, as in the case of Predictive Policing.This term refers to the process of collecting and analyzing...

The European Union launches a 71 million euro tender for IT securityNew opportunities for operational and technical capacity building: call for proposals by September 2023 under the European Digital Work Program 2023-2024The European Cyber Security Authority (ECCC) and the European Commission have recently launched a new call for projects, with a total value of 71 million euros. This call is part of the European Digital Work Program 2023-2024 and aims to implement cyber security measures to enhance operational cooperation...

Cyber threats on the rise in 2022: what to expect in 2023From regulatory strengthening to certifications, here are the challenges and preventive measures to protect public bodies, businesses and citizens from growing cyber attacksDuring 2022, public and private bodies, businesses and individual citizens have faced increasingly complex cyber threats. In order to counter these cyber threats to the country's system, measures have been taken to strengthen the regulatory framework both at national and European level. But what can...