Articles from Around the Web

Discover the latest industry insights and developments with our News from Around the Web page. We curate feeds from a variety of reputable organizations, bringing you a comprehensive overview of relevant news and trends. Stay informed and connected with the most current updates from across the web.

Roundup: The latest on self-regulatory AI governance efforts

Last week, the White House secured commitments from seven leading artificial intelligence companies to ensure their products are safe, secure and transparent. The Biden administration also said the U.S. is committed to AI governance and called for like-minded democratic nations to act swiftly to shape the future of AI. Shortly after last week's White House announcement, four top AI companies launched a new partnership to promote responsible AI. IAPP Editorial Director Jedidiah Bracy rounds up the latest.

SEC adopts rules to update cybersecurity incident reporting

The U.S. Securities and Exchange Commission announced the adoption of new rules pertaining to how public companies report cybersecurity incidents. The SEC will now require disclosures related to "material cybersecurity incidents (companies) experience and to disclose on an annual basis material information regarding their cybersecurity risk management, strategy, and governance." SEC Chair Gary Gensler said the aim is to make disclosures "consistent, comparable, and decision-useful" for investors.

Norway DPA declared Google Analytics use before EU-US DPF decision illegal

Norway's data protection authority, Datatilsynet, ruled Google Analytics was previously transferring data to the U.S. illegally, in response to a complaint from the privacy group NOYB. After the European Commission granted certain U.S.-based businesses adequacy for data transfers under the EU-U.S. Data Privacy Framework, Google became an approved business.

Meta faces $20M fine for misleading data use in Australia

Australia's Federal Court ordered Meta's Facebook Israel and the now discontinued Onavo to pay a combined AUD20 million for failing to adequately disclose data collection practices. The Australian Competition and Consumer Commission, which brought the case forward, said Meta used anonymized and aggregated data, including users' internet and app activity, for market research activities.