"In the recent event of a mis-selling on the high risk financial products, we have the different perception on internal controls between regulatory authorities and financial firms."o financial services for all communities, especially those most impacted by climate change. "
"Likelihood and impact are variables that are stressed when characterizing risks, evolving as an organization increases scalability and network infrastructure. Effective security risk management preparation relies severely on initiative-taking and adversarial mindsets."
"This article examines the two contrasting approaches for determining identifiability that are prevalent today: (i) the risk-based approach and (ii) the strict approach in the Article 29 Working Party’s Opinion on Anonymization Techniques (WP 216). Through two case studies, we illustrate the challenges encountered when trying to anonymize unstructured datasets. We show that, while the risk-based approach offers a more nuanced test consistent with the purposes of the GDPR, the strict approach of WP 216 makes anonymization of unstructured data virtually impossible as long as the original data continues to exist."
" ... it is ... possible to grasp the fil rouge behind the GDPR, the DSA and the AI Act as they express a common constitutional aspiration and direction."
"... the report first assesses the concepts of fairness, bias and discrimination and illustrates the differences between these terms. In a next step, the existing legal framework is examined with regard to regulations that are already relevant for AI. Building on this analysis, special consideration is given to the Proposal of the European Commission on Artificial Intelligence (AI Act Proposal), which is set to play a fundamental role for the future regulation of AI."
"Bank employees are more susceptible to being phished than professional services firm employees, but within the bank, the employees with professional certificates are less susceptible to phishing attacks than other bank employees. Also, employees with self-reported responsibility for cybersecurity are less likely to be phished."
"This paper aims to improve the ability of financial institutions to develop risk-based policies, procedures, and controls that are reasonably designed to (a) detect red flags relating to international wire transfers for the purchase of shares and (b) to investigate money laundering (ML) and terrorist financing (TF) through the trade system."
"... in order to reach positive changes to take place and for intellectual property insurance to become an increasingly preferred method for supplementary protection of intellectual property, the proposed approach is to be worked in three directions. ... Namely, the directions are building a unified system, with a strict methodology and at the same time creating a legal basis which to bring in detail and unequivocal means and approaches the way in which intellectual property insurance is carried out."
"... this paper proposes a new risk variable elimination method as well as a real-time road risk model design framework and concludes that claim history will be regarded as a "noise" factor and deprecated in the Pay-How-You-Drive model."
"Explainable Artificial Intelligence (XAI) models allow for a more transparent and understandable relationship between humans and machines. The insurance industry represents a fundamental opportunity to demonstrate the potential of XAI, with the industry’s vast stores of sensitive data on policyholders and centrality in societal progress and innovation."