#72 - Executive Order on AI Safety and Security & the SEC Filing on SolarWinds

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Topics:

1. President Biden's Executive Order on AI Safety and Security:

On October 30, 2023, President Biden issued an Executive Order aimed at promoting safe, secure, and trustworthy development and utilization of AI technologies. This is a significant step towards regulating AI by establishing standards for AI safety and security. The order also mandates the extensive testing of powerful AI systems by third parties to minimize chances of unintended consequences

2. SEC's fraud charges against SolarWinds and its CISO, Timothy G. Brown, following the Sunburst cyberattack in 2020.

The SEC charged SolarWinds and its CISO, Timothy G. Brown, with fraud relating to the Sunburst cyberattack in 2020, alleging that they understated cybersecurity risks to stakeholders, thereby defrauding investors.

Summary:

Both the Executive Order on AI, and the SEC Filing on Cyber, bring to light the ever-evolving landscape of cybersecurity and AI technology, and the critical role of regulatory bodies in ensuring transparency, security, and responsible innovation in these domains.

Resources:

• Executive Order - AI Safety & Security: https://www.whitehouse.gov/briefing-room/statements-releases/2023/10/30/fact-sheet-president-biden-issues-executive-order-on-safe-secure-and-trustworthy-artificial-intelligence/

• SEC filing - SolarWinds CISO: https://www.sec.gov/news/press-release/2023-227

• Global Partnership on AI (G7): https://gpai.ai/

• 2023 Digital Quality of Life Index: https://www.weforum.org/agenda/2023/09/digital-quality-life-internet-affordability-cybersecurity/