This has been the year of enterprise artificial intelligence (AI). From healthcare and financial services to government agencies, critical sectors around the globe are embracing the benefits that large language models (LLMs) and other AI systems can provide when it comes to driving efficiencies, enabling...
Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection Authority (DPA) stems from an investigation that found that the ride-hailing/delivery giant transferred personal data of its drivers to the...
Ireland’s Data Protection Commission (DPC) said Thursday (Aug. 8) that X has agreed to suspend the use of personal data from some users’ public posts on the social media platform to train the artificial intelligence (AI) model, Grok. This agreement applies to public posts that...
Facebook parent Meta’s decision to withhold its latest multimodal artificial intelligence (AI) model from the European Union highlights the growing chasm between Silicon Valley innovation and European regulation. Citing an “unpredictable” regulatory environment, per a report from The Verge, Meta joins Apple in pulling back...
June 24, 2024
Every time you swipe a credit card, click on a website or carry your phone, you leave behind digital breadcrumbs. For most people, this trail of data seems insignificant. But to a growing army of analysts, it’s a potential goldmine. Welcome to the world of data mining, where researchers sift through mountains of information to […]
September 28, 2023
Ashley Eisenberg, data privacy officer at Forter, told PYMNTS in a recent interview that as companies do business across borders, data access — and protection — are top of mind....
January 04, 2023
Ireland’s Data Protection Commission (DPC) says Meta’s ad-centric business model is noncompliant with European regulations. That’s according to a public statement released Wednesday (Jan. 4) outlining the commission’s final decision...
November 03, 2022
Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and detecting fraud. Faced with this...
August 26, 2024
Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. The fine from the Dutch Data Protection Authority (DPA) stems from an investigation that found that the ride-hailing/delivery giant transferred personal data of its drivers to the United States while failing to protect that data, according to […]
August 08, 2024
Ireland’s Data Protection Commission (DPC) said Thursday (Aug. 8) that X has agreed to suspend the use of personal data from some users’ public posts on the social media platform...
June 06, 2024
Meta’s plans for training its AI have run afoul of a European privacy group. Vienna-based NOYB — the European Center for Digital Rights — said Thursday (June 6) it had filed complaints with 11 European...
March 11, 2024
Klarna has reportedly been fined 7.5 million Swedish crowns ($733,324) after a Swedish court ruled that the company violated the European Union’s (EU) General Data Protection Regulation (GDPR). Sweden’s Administrative...
