It’s been a few months since the EU AI Act – the world’s first comprehensive legal framework for Artificial Intelligence (AI) – came into force.
Its purpose? To ensure the responsible and secure development and use of AI in Europe.
It marks a significant moment for AI regulation, responding to the rapid adoption of AI tools across critical sectors such as financial services and government, where the consequences of exploiting such technology could be catastrophic.
The new act is one part of an emerging regulatory framework that reinforces the need for robust cybersecurity risk management including the European Cyber Resilience Act (CRA) and the Digital Operational Resilience Act (DORA). These will drive transparency and effective risk management of cybersecurity further up the business agenda – albeit adding additional layers of complexity to compliance and operational resilience.
For CISOs, navigating this sea of regulation is a considerable challenge.
Key Proponents of the EU AI Act
The AI Act introduced a new regulatory aspect of AI governance, sitting alongside existing legal frameworks such as data privacy, intellectual property…