Remove 2025 Remove Financial Services Remove Government Remove Security
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UK regulators’ strategic approaches to AI: a guide to key regulatory priorities for AI governance professionals

Data Protection Report

These principles (the Principles) are: Safety, security and robustness. Accountability and governance. The AI update was published alongside a speech by chief executive Nikhil Rathi announcing the FCA’s plans to focus on Big Tech and Feedback Statement FS24/1 on data asymmetry between Big Tech and firms in financial services.

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The Evolving Legislative and Compliance Landscape: A Roadmap for Business Leaders

Thales Cloud Protection & Licensing

Comprehensive cybersecurity legislation is imperative to build and maintain confidence in the future and ensure a secure digital landscape. When enforced, the regulation will mandate manufacturers to prioritize security from the design stage and throughout the product's entire lifecycle.

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FCA sets out plans to make Big Tech a priority and provides update on its approach to AI

Data Protection Report

He noted that whilst the growing emergence of Big Tech in financial services has already made life easier for consumers, it remains unclear how valuable their data will become in financial markets. The FCA also sets out its next steps.

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Collibra Data Intelligence: tackle 2023’s biggest data challenges

Collibra

to 181 zettabytes by 2025. By 2025, it’s estimated that 463 exabytes of data will be created every day. Privacy and protection regulations are growing in numerous industries (such as financial services) and geographic regions (including the EU, Australia, California, and Nevada). It’s not just governments.

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European instant payments in harmony: Traditional wisdom meets innovative thinking

IBM Big Data Hub

A cloud-based infrastructure that uses IBM Cloud® for Financial Services can be the answer to ensure the security, privacy and flexibility needed to keep up with these changes in the industry. Privacy and data security are the primary concerns regarding AI in instant payments transactions.

Cloud 61
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Risk Management under the DORA Regulation

IT Governance

The financial sector is quite heavily regulated, and involves a lot of confidential data. You’d therefore expect that the sector fares better at data security than your average organisation. Perhaps even more concerning to EU lawmakers is how dependent society at large is on banking and other financial services.

Risk 104
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2024 Tech and Cybersecurity Forecast: Navigating New Frontiers in Business

Thales Cloud Protection & Licensing

This strategy addresses security concerns related to intellectual property and sensitive data in large language models (LLMs). This enhances data privacy and security and allows for greater control and efficiency in AI application deployment within the enterprise. This necessitates a shift in cybersecurity strategies.