The first legally binding international treaty on artificial intelligence was signed last week by the countries that negotiated it, including the United States, United Kingdom and European Union members. The Council of Europe Framework Convention on Artificial Intelligence is “aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law.” Drawn up by the Council of Europe (COE), an international human rights organization, the treaty was signed at the COE’s Conference of Ministers of Justice in Lithuania. Other signatories include Israel, Iceland, Norway, the Republic of Moldova and Georgia. Continue reading U.S. and Europe Sign the First Legally Binding Global AI Treaty

OpenAI recently announced it is developing formal AI risk guidelines and assembling a team dedicated to monitor and study threat assessment involving imminent “superintelligence” AI, also called frontier models. Topics under review include the required parameters for a robust monitoring and prediction framework and how malicious actors might want to leverage stolen AI model weights. The announcement was made shortly prior to the Biden administration issuing an executive order requiring the major players in artificial intelligence to submit reports to the federal government assessing potential risks associated with their models. Continue reading OpenAI Creates a Team to Examine Catastrophic Risks of AI

Apple is exploring various financial technologies for future products that would reduce the company’s reliance on third-party products over time, reports say. Payment processing, lender risk assessment, consumer credit reports, dispute mediation and fraud analysis are among the areas Apple is looking into, according to those who claim knowledge of the situation. The move would build Apple’s profile in a category that currently includes Apple Wallet, branded credit cards, peer-to-peer payments and a merchant app involving iPhones. As previously reported, Apple is also working a subscription hardware model and further enhancements to Apple Pay. Continue reading Apple Explores Greater Role in Consumer Financial Services

Strider Technologies has debuted its Strider Shield platform that helps businesses better understand potential threats to intellectual property — including nation-state directed IP theft and supply chain threats — by combining online tracking tools often used by advertising agencies with data ingestion tools, natural language processing and various algorithms. Strider co-founder and chief strategy officer Eric Levesque said that Strider Shield allows an enterprise to collect thousands of data points such as email addresses, domain names and keywords to correlate against systems where the IP resides, in order to surface potential risks. Continue reading Strider Shield Technology Aims to Protect Intellectual Property

According to a privately circulated risk assessment prepared by European governments, the European Union (EU) has identified security threats coming from foreign telecommunications equipment vendors, raising particular concerns about Huawei Technologies Co. A public report was released and warned of hostile states or state-backed companies posing a threat to new 5G networks rolling out across the globe. These promise faster connection speeds and the ability to link many devices (cars, pacemakers, and more) to the Internet. 

Continue reading EU Private Risk Assessment Reveals 5G Security Concerns