EU Introduces Stringent AI Legislation

The European Union has unveiled comprehensive legislation aimed at regulating artificial intelligence (AI) technologies, with a strong focus on privacy protection and mitigating third-party risks. The proposed law sets out stringent guidelines for the development and deployment of AI systems, particularly those deemed high-risk. Companies operating in the EU must adhere to these regulations, which include robust privacy measures and accountability mechanisms to mitigate potential risks associated with AI technologies.

Under the proposed legislation, AI systems categorized as high-risk must comply with strict requirements to safeguard individuals’ privacy and mitigate third-party risks. Failure to meet these standards could result in significant fines for non-compliant organizations. The introduction of these penalties underscores the EU’s commitment to enforcing stringent data protection and privacy regulations, signalling a new era of accountability for AI developers and users.

Learn more about how Value Privacy can support your organization in achieving AI governance and privacy compliance objectives. Schedule a consultation with our experts to discuss your specific needs and take proactive measures to navigate the evolving regulatory landscape.

Read the full article on RTE News: Original Story

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