PYMNTS-MonitorEdge-May-2024

General Data Protection Regulation

Data Breaches Are Surging: What That Means for Enterprise LLMs
Data Breaches Are Surging: What That Means for Enterprise LLMs
September 04, 2024  |  Cybersecurity

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...

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X Stops Using Some EU User Posts for AI Training
X Stops Using Some EU User Posts for AI Training
August 08, 2024  |  artificial intelligence

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...

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Meta’s AI Retreat May Signal EU Regulatory Minefield
Meta’s AI Retreat May Signal EU Regulatory Minefield
July 19, 2024  |  artificial intelligence

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...

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Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
Swedish Court Fines Klarna $733,324 for Flaws in Privacy Notice
March 11, 2024  |  Regulation

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...

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Report: EU Set to Agree on Light Touch Rules for Airbnb
Report: EU Set to Agree on Light Touch Rules for Airbnb
November 10, 2023  |  Data

European Union (EU) countries and European Parliament lawmakers are reportedly expected to reach an agreement on light touch rules for Airbnb next week. The proposed regulations will...

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US, EU Data Sharing Framework Paves Way for ‘Trust and Consumer Confidence’
US, EU Data Sharing Framework Paves Way for ‘Trust and Consumer Confidence’
September 28, 2023  |  Regulation

Ashley Eisenberg, data privacy officer at Forter, told PYMNTS in a recent interview that as companies do business across borders, data access — and protection...

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Report: OpenAI Faces New Complaint Regarding GDPR Compliance
Report: OpenAI Faces New Complaint Regarding GDPR Compliance
August 30, 2023  |  artificial intelligence

OpenAI is reportedly facing a complaint filed with the Polish data protection authority that raises concerns about the company’s compliance with the European Union’s General...

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Meta Hit With Landmark $1.3 Billion EU Privacy Fine
Meta Hit With Landmark $1.3 Billion EU Privacy Fine
May 22, 2023  |  Meta

Meta Platforms has been fined a record $1.3 billion for violating Europe’s data privacy law. The fine, announced Monday (May 22) by the Irish Data...

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AI Regulations Need to Target Data Provenance and Protect Privacy
AI Regulations Need to Target Data Provenance and Protect Privacy
April 11, 2023  |  artificial intelligence

The speed with which AI is radically transforming global economies has not escaped regulators’ attention. As fears continue to grow over the potential use-case implications...

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