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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-04-03T18:13:00
The Italian data protection authority (DPA) shut down ChatGPT in the country, alleging the artificial intelligence (AI) chatbot violates European Union privacy laws and has no controls to stop it interacting inappropriately with young children.
Garante ordered OpenAI, the U.S.-based developer of the chatbot, to cease processing the data of Italian citizens while it investigates the company’s activities in the country. ChatGPT, launched in November, is programmed to hold conversations and answer questions about thousands of topics.
“[T]here appears to be no legal basis underpinning the massive collection and processing of personal data in order to ‘train’ the algorithms on which the platform relies,” Garante said in a translated press release Friday.
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2023-04-26T15:23:00Z By Neil Hodge
Scrutiny into ChatGPT has reignited concerns the General Data Protection Regulation is either stifling innovations in technology or that the legislation is not flexible enough to keep pace with technological advances. Experts weigh in.
2023-04-18T20:09:00Z By Adrianne Appel
The European Union’s draft law to regulate artificial intelligence must be updated to include overarching controls on chatbots like ChatGPT, a group of European Parliament members wrote in an open letter.
2023-04-13T19:52:00Z By Adrianne Appel
The European Data Protection Board is the latest regulatory body assessing the applicability of ChatGPT amid skyrocketing data privacy concerns regarding the popular artificial intelligence platform.
2024-12-10T18:35:00Z By Adrianne Appel
A lack of supervision and internal controls at Morgan Stanley Smith Barney allowed four of its investment advisers to steal millions from customers before the behavior was detected, the SEC said in charging the firm.
2024-12-06T17:31:00Z By Aaron Nicodemus
A subsidiary of McKinsey & Co. will pay nearly $123 million to the Department of Justice to settle allegations that it bribed officials in South Africa to win consulting contracts.
2024-12-06T12:45:00Z By Jaclyn Jaeger
A defamation lawsuit filed by a whistleblower against USAA, which a Florida judge recently dismissed on a technicality, revealed in public court records an estimated 400,000 violations of the Military Lending Act by USAA Federal Savings Bank (USAA Bank), an indirect wholly owned subsidiary of USAA.
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