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Italy fines UniCredit $3.1M; investigates OpenAI’s “Sora”

Italy’s Garante, one of the EU’s most proactive regulators, has fined the country’s second largest bank, UniCredit, and has launched an investigation of a new OpenAI product.

The €2.8 million (~US$3.1 million) UniCredit fine, which the bank plans to appeal, is in response to a 2018 data breach that may have impacted thousands of customers.

The OpenAI Sora investigation is to clarify how the new algorithm, which creates short videos from text instructions, is trained, to understand what data it will collect, and to determine compliance with EU regulations.

Read More – UniCredit

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Almost 90% of CIOs Have Implemented AI Policies: Logicalis

March 12, 2024

Eighty-five per cent of organizations are investing in AI technology, 72% of CIOs are “apprehensive” about regulating AI internally and 86% have Implemented formal AI Policies. AI is regareded as the number one priority for 2024, although CIOs are also thinking about cybersecurity and sustainability. Digital services company Logicalis interviewed 1,000 CIOs globally for the tenth edition of their CIO report.

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EU Commission must remediate Microsoft 365 problems & other privacy rule violation

March 12, 2024

The European Data Protection Supervisor (EDPS), which oversees EU institutional privacy compliance, found the EU Commission in violation of GDPR through its use of Microsoft 365. This includes neglecting to implement adequate safeguards for data transfer and failing to specify types and purposes for personal data collection. Corrective measures will include suspension of data flows to Microsoft and its affiliates in non-EU/EEA countries that lack adequacy decisions, and aligning data processing with regulations.

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Movable Ink Integrates With Adobe Journey Optimizer

October 4, 2024

Email and mobile personalization platform Movable Ink has announced a new integration between its Da Vinci content personalization solution and Adobe Journey Optimizer. Joint customers will be able to develop content assets aimed at each individual email recipient and bring them into Adobe Journey Optimizer for deployment. This builds on an existing integration between Movable Ink Da Vinci and Adobe Campaign.

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