EC Guidelines on prohibited Artificial Intelligence (AI) practices, as defined by the AI Act, covers ‘high risk’ areas such as harmful manipulation, social scoring, and real-time remote biometric identification

by | Feb 4, 2025

These guidelines provide an overview of AI practices that are deemed unacceptable due to their potential risks to European values and fundamental rights. The AI Act, which aims to promote innovation while ensuring high levels of health, safety, and fundamental rights...

BaFin urges FIs to invest their strong earnings to bolster defences against AI-driven fraud, highlighting generative AI risks, advanced phishing threats, and the need for adaptive security measures

by | Jan 28, 2025

For example, through generative AI. More and more companies in the financial sector are using generative AI or testing its use. And of course, criminals are also using such technologies – to develop new attack methods or malicious code, for example. High quality...