Let me ask you something: would you trust a bank that locked its doors for the night but left all its cash in a big pile in the middle of the floor? Probably not—after all, if someone managed to get through the doors, nothing would stop them from helping themselves to the funds inside. This is effectively how cybersecurity once worked, with the presumption that if someone had access to a network, they had permission to access any data on it. Fortunately, many businesses have made the switch to a better approach, known as zero-trust security.
One of the many tasks undertaken by the United Nations is to protect human rights around the globe while also working to create more sustainable and climate-friendly development. As such, the UN has recently taken a healthy interest in the development of artificial intelligence, hoping to develop guidelines that allow us to get the most value out of AI without creating more significant problems.
Despite what detractors say, regulations are in place for good reason. They typically protect individuals from organizational malfeasance. Many of these regulations are actual laws passed by a governing body and cover the entire spectrum of the issue, not just the data involved. The ones that have data protection regulations written into them mostly deal with the handling and protection of sensitive information. For organizations that work in industries covered by these regulations there are very visible costs that go into compliance. Today, we look at the costs incurred by these organizations as a result of these regulations, and how to ascertain how they affect your business.
