Regulators

UK Regulators Casting a Watchful Eye on Wall Street's AI Trading Practices

2 months ago

In a significant development within the financial sector, UK regulators are intensifying scrutiny over the utilization of artificial intelligence (AI) technologies on trading floors in New York. This heightened examination comes in light of the rapid adoption of AI by major financial institutions, raising concerns about transparency, accountability, and the potential risks associated with these advanced systems.

Major Cybersecurity Breach: Hackers Eavesdrop on Bank Regulators for Over a Year

2 months ago

In a shocking revelation that sends tremors across the financial sector, it has been reported that hackers infiltrated the email systems of approximately 100 bank regulators, conducting espionage undetected for more than a year. This breach raises alarming questions about the security protocols in place to protect sensitive governmental communications.

Breaking News: SAP and Carahsoft Under Scrutiny, OpenAI Presents to the White House

8 months ago

Now, in a dramatic turn of events, two giants are facing the wrath of regulators. On September 25, 2024, it was announced that an investigation into the two technology powerhouses has been launched. This news sent ripples in the industry and attracted massive attention from the media. Reliable sources indicate that several areas have been covered by the investigation, though specifics remain scanty.