Cyber threats against AI systems are a top threat that business and security leaders say they feel least prepared to address, according to PwC’s 2027 Global Digital Trust Insights survey.
Artificial Intelligence
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Boards put AI investments at risk due to lack of knowledge and skills, PwC survey finds
Companies risk wasting their AI investments because boards don’t rate the information underpinning the strategy and directors don’t understand how the technology works or creates value.
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Companies responsible for decisions made by ‘autonomous’ AI, says ICO
The UK’s data regulator has issued a strong warning that companies remain responsible for protecting personal data when they use AI systems, even when the technology acts autonomously.
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FCA warns AI may reveal more cyber vulnerabilities firms can cope with
The UK’s financial regulator has warned that the rapid pace of AI development is revealing vulnerabilities in firms’ cybersecurity arrangements because their existing controls cannot keep up with the risks new technology can either create or exploit.
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EU’s financial regulator prioritizes AI, tokenization as key risks for 2027
The EU’s main financial regulator has made AI and tokenization—where assets are traded on blockchains rather than through traditional financial markets—key priorities for banking regulators in EU member states to focus on for 2027.
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Don’t overestimate the value of ‘human in the loop’ for AI governance, say experts
One of the key governance tenets around the use of AI is the concept of having a “human in the loop” to query AI-generated responses and to ensure that AI outputs remain explainable, unbiased, and harmless. But there are obvious questions: Which “human” should it be left to—and should it be one person?
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Deloitte survey exposes compliance gaps as a third of employees admit using shadow GenAI at work
Nearly a third of generative AI users bring their own GenAI tools to work and use them without their employer’s knowledge, raising important compliance concerns over issues such as cyber risks, copyright and audit trails.
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In the AI governance race, EY’s Dilek Çilingir explains how compliance can keep AI in step
AI has driven massive change in three years, but governance hasn’t kept up, creating integrity and compliance gaps. Risks from hallucinations, misunderstood outputs, and democratized use are now clearer, while some organizations are cutting soaring AI costs.
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California presses ahead with executive order for AI safeguards, cites federal government “abject failure”
California Governor Gavin Newsom has issued an executive order to explore whether companies should develop a “kill switch” for any potentially harmful AI tech they develop.
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Experts welcome U.K.’s approach to AI supervision in financial services—but with provisos
The U.K.’s approach to regulating AI in financial services by focusing on outcomes and consumer protection, rather than introducing new rules, has been largely welcomed by experts—so long as the current regulatory framework is regularly reviewed.