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HHS OCR Director Says Cost of Inaction May Outweigh Compliance BurdensThe Trump administration has yet to decide whether to continue a proposed overhaul of the HIPAA Security Rule floated by its predecessor administration. But the nation's top federal enforcer of health regulation provided some insight into what regulators are thinking.

Bank Info Security 3 months, 3 weeks ago

White House AI Policy Blueprint Leaves Key Risks Unresolved

Federal Proposal Pushes AI Adoption While Avoiding Regulatory DetailThe White House AI framework urges rapid deployment and federal alignment to counter China while proposing guardrails on fraud, safety and speech - but leaves unresolved conflicts on IP, content regulation and state preemption that Congress must navigate.

Bank Info Security 6 months, 4 weeks ago

Europe’s AI Challenge Runs Deeper Than Regulation

Europe Faces Barriers No Legal Rewrite Can FixAn assumption propelling a proposed recalibration of European tech regulation is that red tape is holding back the trading bloc from gaining ground in a global race for artificial intelligence dominated by the United States and China. But Europe's problem isn’t merely regulatory drag.

Bank Info Security 9 months, 1 week ago

Germany Under Pressure to Oppose EU Chat Control Proposal

Signal and Rights Groups Urge Berlin to Reject CSAM Proposal Ahead of Key EU VoteThe German federal government is under pressure to withdraw support for a European Union content scanning proposal that critics argue poses large-scale privacy risks. The EU Justice and Home Affairs Council is set to vote Oct. 14 on a regulation called Chat Control.

Bank Info Security 1 year, 3 months ago

UK Government Previews Cybersecurity Legislation

Government Says Managed Service Providers Need More RegulationThe British government pledged to introduce stricter rules surrounding incident reporting and supply chain vulnerability patching through legislation it previewed in July 2024. The proposed Cyber Security and Resilience Bill will bring under its scope managed service providers.

Also: Bringing AML and Fraud Programs Together; the Global AI Arms RaceIn this week's update, ISMG editors discussed a U.K. proposal to mandate ransomware payment reporting, tackling financial crime by bringing together fraud and AML teams, and the global AI arms race as countries compete to lead innovation while balancing regulation and ethics.

Bank Info Security 2 years, 5 months ago

US IaaS Providers Face 'Know Your Customer' Regulation

Rule Is a Bid to Deter Malicious Foreign Use of US IaaS ProvidersCloud providers told the government they aren't very happy about a proposed regulation requiring them to verify the identity of foreign customers, but their complaints are unlikely to stop the U.S. Department of Commerce from proceeding with the rule.